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Local Aid and Finance State makes local aid payments
Despite state financial worries and turmoil at the national level, the full amount of first quarter local aid payments totaling $1.266 billion were wired to city, town and school district bank accounts today as scheduled, according to the state treasurer's office.
Revenues to make the payments came from a combination of available funds, short-term borrowing and the state stabilization fund.
Local Aid and Finance State makes local aid payments
State makes local aid payments
Despite state financial worries and turmoil at the national level, the full amount of first quarter local aid payments totaling $1.266 billion were wired to city, town and school district bank accounts today as scheduled, according to the state treasurer's office.
Revenues to make the payments came from a combination of available funds, short-term borrowing and the state stabilization fund.
Written by MMA Legislative Director John Robertson
