Reading Could Face $27K, North Reading $15K Local Aid Cuts in Governor's Proposal
Reading could lose $27K, North Reading $15K and possibly some funding for the school building project due to the half-billion proposal Gov. Deval Patrick released Tuesday.
While Reading officials believe that the town will not see a significant impact due to the half-billion worth of cuts that Gov. Deval Patrick proposed on Tuesday in anticipation of the "fiscal cliff" combined with projected state tax revenues that are more than $500,000 lower than previously expected, North Reading may see an impact, especially when it comes to the state budget for the school building project. Reading Assistant Town Manager Robert W. LeLacheur does not think that Reading will be greatly affected by Patricks proposal, however, officials need to look at the cuts more closely. "We’ll be discussing this next week with the selectmen on Tuesday and the FINCOM on Wednesday in more detail," Assistant Town Manager Robert W. …
Joe Veno
10:34 am on Thursday, December 13, 2012
@ Tired of the Whining. You mention the "guaranteed percentage" from the State. Just so you are aware there never was any "guarantee" on what we will get reimbursed. Let me be clear on this issue. I am for the project at the original cost we were told. You may be tired of hearing the whining and that is fine. If people did not want this they should of came out and voted against it but they do … more ›