Posted by: jimfior02 on: February 7, 2008
Yesterday, most of the Mayors throughout the State met with the Lt. Governor and several State finance officials concerning the Governor’s casino gambling proposal.
The numbers the Governor outlined to us were compelling: without licensing fees from casinos, State aid to cities and towns will tumble, with licensing fees, State aid will remain level funded, and [...]
Posted by: jimfior02 on: January 26, 2008
The Gamble on Local Aid
Under Proposition 2 and half, cities depend upon local aid to survive. State aid is based upon lottery receipts. This year, lottery receipts are down, meaning local aid may be in for a fall. If local aid is cut, cities and towns are forced to raise taxes or lay off employees.
The Governor [...]
