Seekonk To Receive $75,257 in State Aid

According to a press release issued by State Representative Steven Howitt (R), a local aid reversion amendment introduced by House Minority Leader Brad Jones and the Republican Caucus was recently signed into law by Governor Patrick.

If reversions, which are unspent portions of the budget, reach past levels, the town of Seekonk stands to receive approximately $75,257 in one-time funding, reads the press release.

“It is so important that our communities have this opportunity to make up local funding cuts through these reversion funds,” said Rep. Howitt. “I am proud that this legislation was passed and glad to have been part of it.”

The initiative will distribute unused funding from fiscal year 2011 back to local cities and towns. The local aid amendment will allow half of the Commonwealth’s reversions, or $65 million, whichever is less, to be distributed to municipalities by Oct. 31, 2011. Historically reversions to the general fund have averaged approximately $150 to $200 million per fiscal year.