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School Finance: Chapter 70 Program

Announcement of FY16 Foundation Reserve Awards

CodeCity/Town or DistrictAward
Category A:
Extraordinary relief to school districts experiencing substantial shortfalls between C. 70 aid and target C. 70 aid in Section 3 of this Act;
100Framingham School District1,000,000
 
Category B:
Mitigate costs for districts experiencing significant and sustained student enrollment growth
93Everett School District1,000,000
 
Category C:
Extraordinary relief to school districts in which special education costs exceed 30 % of the total district costs and in which tuition and other circuit-breaker eligible costs for placements at an approved private school located within the district exceed both $1,000,000 and 25 % of all tuition and other circuit-breaker eligible costs for placements at approved private schools.
139Holyoke School District250,000
314Watertown School District250,000
 
Category D:
Mitigate losses from a town leaving a regional school district
672Gateway Regional School District630,000
 
 Total3,130,000.00


Last Updated: September 2, 2016
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