Post Content

Gov. Deval Patrick yesterday signed a supplemental budget for FY11 that appropriates $65 million in additional local aid for cities and towns.

The funds will be distributed Monday, Oct. 31, and this is no trick.

The Division of Local Services has published the individual city and town distribution as part of a DLS bulletin released today.

The additional local aid may be used as estimated receipts when setting the FY12 tax rate, may be appropriated as an available fund during FY12, or may be rolled over into free cash at the start of FY13.

As part of the supplemental budget, the Governor also signed provisions providing $6.2 million to cities and towns that sustained damage, and expenses, during the December 2008 ice storm, and $10 million to communities hit by the June 1 tornado for expenses not reimbursed by the Federal Emergency Management Agency.

 

Written By:

Recent Posts

How does the CARES Act impact Massachusetts state tax? posted on Jul 14

The CARES Act was signed into law on March 27, 2020 to provide relief for individuals and businesses negatively impacted by the coronavirus outbreak. The Act includes provisions for both individuals and businesses. We’re going to help you understand the Massachusetts tax implications of the   …Continue Reading How does the CARES Act impact Massachusetts state tax?

Press Play: Billing to Resume posted on Jun 4

To give you as much time as possible to catch up on your expenses, DOR temporarily suspended some billing and various collection actions as a result of the COVID-19 health emergency. You can always see the balance due in your account and make partial or   …Continue Reading Press Play: Billing to Resume

What you should know about taxes if you are buying or selling masks posted on May 13

As you know, Governor Baker signed an order on May 1 that took effect on May 6 requiring Massachusetts residents to wear face masks in public when they cannot properly socially distance. Many Massachusetts-based companies have been stepping up to meet the demand for non-medical   …Continue Reading What you should know about taxes if you are buying or selling masks