Executive Office for Administration and Finance

Account Description FY07
GAA		 FY08
House 1
1233-2310 Tax Abatements for the Elderly
For the elderly persons component of the tax abatements program; provided, that cities and towns shall be reimbursed for taxes abated pursuant to clauses Forty-first, Forty-first B, Forty-first C and Forty-first C 1/2 of section 5 of chapter 59 of the General Laws; and provided further, that the commonwealth shall reimburse each city or town that accepts said clause Forty-first B, Forty-first C or Forty-first C 1/2 for additional costs incurred in determining eligibility of applicants under said clauses in an amount not to exceed $2 per exemption granted
9,890,345 9,890,345

 
 
HISTORICAL SPENDING CATEGORIES ($000)
SPENDING CATEGORY FY04
Expended 		FY05
Expended 		FY06
Expended 		FY07
Projected
Spending 		FY08
House 1
Aid to Cities & Towns 9,877 9,809 9,740 9,890 9,890
TOTAL 9,877 9,809 9,740 9,890 9,890

* FY07 Projected Spending includes the budget plus nearly $1 billion in spending from FY06 supplemental budgets.

 

Pie Chart: Aid to Cities & Towns=100%