How the Governor's Budget Proposal Would Affect Lexington
The new budget will see a bit of an increase in local aid to Lexington.
Last Wednesday, Governor Patrick submitted his $34.8 billion budget to the Legislature. The proposed income tax hike is part of a comprehensive package aimed at investing in the state's infrastructure and in driving growth, Patrick said. Take a look at how the numbers affect Lexington: FY 2013 Cherry Sheet Estimate FY 2014 Gov. budget ($) 7,876,799 11,116,705 3,239,906 7,919,830 11,150,401 3,230,571 1,296,276 1,490,304 1,534,875 44,571 Under the plan, education aid and general government aid increase for fiscal 2014 over FY13. Education aid increases more than $3.2 million for FY14, while Chapter 70 education aid alone saw an increase of $3,239,906. General government aid for Lexington increases of $44,571 over FY13. After factoring …
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