We are pleased to announce that the state’s positive financial position has allowed the legislature to make new contributions to Belmont’s capital improvement program — supporting forward movement on the library, the skating rink, public housing and economic development.
Budget and Local Aid Updates
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Coronavirus State Fiscal Recovery Funds
ARPA allocated $5.3 billion in Coronavirus State Fiscal Recovery Funds to Massachusetts.
August Coronavirus Local Recovery Funds Update
Update on Coronavirus local aid as of August 2021.
Coronavirus State and Local Fiscal Recovery Fund Payments Update
The American Rescue Plan (ARP) allocated funding to states, counties, and municipalities to cover costs incurred related to the COVID-19 pandemic. Logistics about the timeline for payments can be found here.
FY22 Chapter 90 Distribution
Yesterday the Senate passed a Chapter 90 authorization bill. Chapter 90 funds are the primary source of funding that the Commonwealth provides to cities and towns for road maintenance and repair.
Supporting Municipalities
The legislature and the Governor recently announced a joint commitment to avoid cuts in state aid to municipalities in the current fiscal year despite the state’s own loss of revenues.