Town of Webb
FROM $12,281 TO $0: WEBB FUNDING CUT:
Town of Webb officials will have to find places to save money this year to make up for $12,281 of state aid it will no longer receive.The state restructured its Aid and Incentives for Municipalities program this year with an increased focus on fiscally distressed municipalities, said state budget division spokesman Jeffrey Gordon.
For Webb, that meant going from $12,281 in state funding to $0.
The state cut funding for municipalities such as Webb in which the losses would have minimum impacts on their overall budgets, and also looked at property wealth and property tax capacity in such communities, Gordon said.
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Under the proposed Aid and Incentives for Municipalities funding for 2007-08, New York City would receive no money as well, down from the $328 million it got last year. Towns and villages such as Webb would receive about $200 million less overall, Gordon said.There was a $50 million increase toward distressed municipalities. The criteria for selecting distressed municipalities were: population decline, property rate, property wealth and property tax capacity.
Money not given out in Aid and Incentives for Municipalities funding this year will be spread out to support various state operations, Gordon said.




