As we face another bad fiscal year, everyone is asked to establish their priorities. I believe that local aid should be a top priority for those building the MA state budget.
In order to maintain proportional (to property taxes) funding to cities and towns, local aid should increase at 3% per year. In years where total revenue doesn't increase 3% at the state level local aid should be increased by the percentage increase in revenue.
The 3% would match the annual increase in Property tax revenue municipalities can expect from Prop 2 1/2 + some property growth. Without a commitment to local aid, municipalites can not begin to engage in multi-year planning.
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