Towns Receive cuts in state aid

[admin]

www.app.com/article/20091201/NEWS03/912010334/1007/NEWS03/Aid+cuts+vary+from+3+to+6+figures

Municipal aid payments due Tuesday were withheld from a number of Shore municipalities.





The municipalities and the amounts of the payments — rounded to the nearest dollar — withheld are:

........... Freehold, $32,442;

[admin]

Dec 4, 2009 17:07:28 GMT -5 admin said:

www.app.com/article/20091201/NEWS03/912010334/1007/NEWS03/Aid+cuts+vary+from+3+to+6+figures

Municipal aid payments due Tuesday were withheld from a number of Shore municipalities.





The municipalities and the amounts of the payments — rounded to the nearest dollar — withheld are:

........... Freehold, $32,442;

Freehold certainly isn't losing a lot of state aid, but it is a reflection of fiscal realities that are setting in. Include the decline in general revenues and municipalities are going to have to get very creative in keeping local taxes down. This will include the schools. Maybe it is time for all municipalities to work with Trenton and really question mandates, especially unfunded ones. Pension payments can only be deferred for so long.