Friday, April 14, 2006
State revising FY07 aid to towns
When Governor Romney came out with his budget in the fall, Chapter 70 funds to towns were increased and Carlisle saw a $139,000 gain. On Tuesday, the House Ways and Means Committee came out with their budget, which did not include any increase in Chapter 70 funding, but rather, was level-funded. The state budget must also be passed by the Senate. Any differences will be resolved by a joint committee, before the budget goes to the Governor for approval.
Asked how the change in state aid would affect Carlisle's FY07 budget,Town Administrator Madonna McKenzie said it was not clear what the ultimate impact will be, because when the legislature reduces one budget item, it often increases another. For instance, she had heard that more lottery funds would not be released to communities. She thought that free cash would be used to make any last-minute budget adjustments.
© 2006 The