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School Finance: Chapter 70 Program

Announcement of FY13 Foundation Reserve Awards

CodeCity/Town or DistrictAward

Category A: Extraordinary increase in total minimum required local contribution
15Athol, Town of50,000

Category B: Target Aid
Districts whose target aid percent exceeds that district's chapter 70 aid as a percentage of foundation by 5 percentage points or greater.
322West Boylston88,000
774Up-Island RSD38,000

Category C: Relief to offset district costs associated with behavioral treatment residential student placements.
56Chelmsford72,000
83E. Bridgewater24,000
105Georgetown12,000
114Greenfield100,000
220Norwood96,000
274Somerville60,000
284Stoneham24,000
315Wayland60,000
328Westford72,000
616Ayer Shirley RSD48,000
683Hampshire RSD12,000

Category E: Relief for Districts for unexpected or unanticipated financial issues
93Everett100,000
139Hopkinton11,000
281Springfield100,000
616Ayer Shirley RSD21,400
767Spencer East Brookfield RSD11,000
19Total999,400


Last Updated: June 12, 2013
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