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Local Aid

Thursday, January 31, 2013

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How Will the Governor's Proposed Budget Affect Wayland's Local Aid?

Check out the local aid numbers for Wayland based on Gov. Deval Patrick's proposed budget.

Wayland is set to receive $1.05 million more from the state in Fiscal Year 2014 than it is estimated to receive in FY13 under Gov. Deval Patrick's proposed budget. In addition to the increase in aid, Wayland's assessment is set to decrease by $30,181, from $202,680 in FY13 to $172,499 in FY14. The bulk of the state aid increase for Wayland can be found under the Chapter 70 line item. Wayland's Chapter 70 funding is slated to increase from $3.3 million in FY13 to $4.3 million in FY14. Wayland's net state aid had been on a downward trend since 2009 and, while FY13's net state aid did decrease, the reduction was less than it was from FY11 to FY12. According to the governor's budget, FY14 would see Wayland receiving its greatest amount of …

Thursday, January 26, 2012

Wayland Would Receive Less State Aid Under Governor's FY13 Budget

Higher assessments and lower state aid both hit Wayland under the governor's proposed FY13 budget.

Wayland is set to receive $32,596 less from the state in Fiscal Year 2013 than it did in FY12, according to Gov. Deval Patrick's budget released Jan. 25. In addition to the reduction in aid, Wayland's assessment is set to increase by $1,861, which means that Wayland's net local aid will decrease by $34,457. The bulk of the state aid decrease for Wayland can be found in the charter tuition reimbursement and veterans' benefits line items. Wayland's charter tuition reimbursement is slated to decrease from $47,848 in FY12 to $23,377 in FY13, a difference of $24,471. Under Patrick's proposal, Wayland would lose the entirety of its veterans' benefits from the state, further reducing state aid by $9,402. Wayland's net state aid has been on a …

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