American Recovery and Reinvestment Act Updates

State Fiscal Stabilization Fund
Projected FY10 District Grants*

Massachusetts will receive $994,258,205 from the state fiscal stabilization funds authorized under Title XIV of ARRA. Of this amount, 81.8% is earmarked for preK-12 and higher education, while the remaining 18.2% can be used for a variety of other governmental services at the discretion of the Governor. Earlier today (3/19/09), Governor Patrick announced his intent to use $168 million of these funds to ensure that every school district in Massachusetts reaches its foundation budget level in FY10.

The preliminary allocations for these funds are shown in the chart below. These allocations are based on the Chapter 70 state aid allocations and minimum local contributions proposed by the Governor in January. Local officials are reminded that the Chapter 70 numbers are subject to change during the Legislature's consideration of the state budget. We will calculate and publish the final SFSF allocations for eligible districts after the Legislature enacts the FY10 state budget or adopts an earlier local aid resolution.

download spreadsheet

* Preliminary, based upon Governor's House 1 Chapter 70 proposals. Final amounts will be published once the House and Senate have either passed a local aid resolution or completed the FY10 state budget.