FY2014 Senate Ways & Means Local Aid Estimates

FY2014 Senate Ways & Means Local Aid Estimates

The FY2014 local aid estimates based on the Senate Ways & Means Committee (SWM) budget proposal have been posted to the Division of Local Services' website at the link below:

http://www.mass.gov/dor/local-officials/municipal-data-and-financial-management/cherry-sheets/

The SWM budget proposal recommends funding FY2014 Chapter 70 at $4.3 billion or $130.1 million higher than the FY2013 appropriation. This level of Chapter 70 funding ensures that all districts maintain foundation spending levels and provides a minimum funding increase of $25 per pupil. The SWM proposal also provides funding to increase aid to lower wealth districts that are below their target aid share. The SWM budget funds Unrestricted General Government Aid at FY13 levels. Most other cherry sheet accounts are level funded as well, except for a $4.0 million increase in Regional School Transportation aid and a $4.9 million increase in Charter School Reimbursements.

Please be aware that these estimates are subject to change as the state budget process progresses. In particular, final Charter School and School Choice assessments may change significantly when updated with final tuition rates.

To view additional information about how the estimates were determined and what may cause them to change in the future, click on the link at the bottom for an index of the FY2014 programs and links to individual explanations.

If you have questions about these estimates please call Lisa Juszkiewicz at (617) 626-2386.