Wakefield Local Aid Set To Rise In Coming Year
Wakefield could see an increase of more than $800,000 in local aid under the governor's recent budget plan - but that all depends on whether it passes or not.
Wakefield stands to see a significant increase in state next year, under Governor Deval Patrick's proposed FY '14 budget plan. Town Administrator Steve Maio told Wakefield Patch on Monday that he had been surprised to see the proposed local aid increase as much as it did for the year, but also pointed out that the town was also seeing some of its local aid figures made more consistent with other area communities. "I am very cautious because that is predicated on (Patrick's) tax plan passing," said Maio, noting that the governor is proposing about $661,000 more in Chapter 70 school funds for Wakefield, or about a 13% increase. He also acknowledged that in the current era of tight fiscal budgets, proposed aid amounts are far more likely than…
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