Cities and towns across the state will be receiving an additional $65 million in local aid for fiscal year 2012, including an additional $90,568 for the town of Harvard.
“As the economy and our state revenue base starts to recover, I’m glad we can begin reversing some of the painful local aid cuts we’ve had to make over the past few years,” state Senator Jamie Eldridge said in a statement released last Monday “I know how tight local budgets are this year, and I hope this additional funding will help our cities and towns as they work to provide high quality local services for residents.”
“I am pleased that our economy is performing better than expected, allowing us to return additional revenue to our cities and towns,” said state Representative Jen Benson in the same statement. “Our communities have faced severe budget cuts for the past few years and these unexpected funds will help them restore vital local services.”
The additional local aid allotment is the result of an agreement in the final fiscal year 2012 budget, which the state legislature passed in July. According to that budget agreement, unspent funds up to $65 million left over at the end of fiscal year 2011—called reversions—would be given to cities and towns in the form of local aid.
The legislature closed up the fiscal year 2011 budget early last week, after Governor Deval Patrick signed the final supplemental budget for the fiscal year into law.