April 30, 2020
PUBLIC FINANCE > Municipal

Coronavirus brings belt-tightening to Hingham budget

Audrey Cooney ,

Wicked Local Hingham

To calculate several other expected revenues, the town is anticipating a 14.1 percent drop from previous predictions. This thinking, Mayo said, was influenced by the Massachusetts Taxpayers Foundation, which is predicting the state will see a 14.1 percent reduction in state revenue in Massachusetts. This would mean the town receives about $1.4 million less in state aid than originally budgeted for. This will not impact future state funding for the Foster School building project, Mayo said.
 

https://hingham.wickedlocal.com/news/20200430/coronavirus-brings-belt-tightening-to-hingham-budget