Municipal State Aid and Revenue Sharing: An In-Depth Review
As we continue to battle the unprecedented pandemic, the state begins preparing its biennium budget for fiscal years 2022 and 2023, and state agencies have already submitted budgets which include significant cuts to programs and operations requested by the Governor. Towns and cities are also preparing their budgets and bracing for cuts to revenue sharing and state aid in amounts yet unknown—and all the while, continuing to prepare for providing essential public services, including unanticipated COVID-related mitigation expenses.
Join Government Finance Advisor Becky Benvenuti as she reviews the various types of state revenues shared with municipalities as well as critical state aid programs for public infrastructure improvements such as municipal drinking water and wastewater treatment facilities, highway maintenance and bridge repairs. In addition, Becky will provide an overview of state revenue sharing and aid which has been suspended or discontinued in the past 10+ years.
This webinar is open to NHMA members and is of interest to all municipal officials and employees.