The Massachusetts Senate on Friday to approve a final $40.202B billion budget for Fiscal Year 2018. The budget makes reductions in spending from the originally proposed Senate budget due to revised revenue forecasts, but maintains a strong commitment to Chapter 70 education funding and preserving local aid to cities and towns.
Funding specific to Franklin & Medway includes:
- $25,000 for the Franklin, Medway, and Bellingham Army Corps of Engineers flood plain and wildlife habitat efforts
- $50,000 for the substance abuse coalition in Franklin
- $5,000 for the Franklin Historical Commission for equipment to preserve historical artifacts
- $15,000 for the Franklin Downtown Partnership, Inc
- $50,000 shall be expended for the T.H.R.I.V.E. Substance Abuse
Prevention Program
- $25,000 for a community garden at the Medway Community Farm
Chapter 70 Funding includes:
- $28,078,451 for Franklin Chapter 70 - $174,540 (0.6%) increase over FY17 GAA
- $10,368,909 for Medway Chapter 70 - $67,440 (0.7 %) increase over FY17 GAA
Unrestricted General Government Aid (UGGA) includes:
- $2,468,462 for Franklin Unrestricted General Government Aid - $92,656 (3.9%) increase from FY17 GAA
-$1,218,791 for Medway Unrestricted General Government Aid - $45,749 (3.9%) increase from FY17 GAA
The FY 2018 conference committee report passed the Senate with a vote of 36 to 2. The budget will now go to Governor Baker for his signature.
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| link to Senate Fiscal Year 2018 Budget |
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