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State withheld some Holyoke aid pending Schedule A; treasurer says cash flow managed and funds expected in June
Summary
Auditor and treasurer told the council the state withheld certain Cherry Sheet aid because the city had not filed Schedule A; the treasurer said the administration has managed cash flow and expects withheld aid to be released in June once filings are complete.
Councilors pressed the auditor and treasurer about a Department of Revenue (DOR) practice that withholds some state Cherry Sheet aid when a municipality has not filed the required Schedule A. Tanya (Auditor) said Schedule A had not yet been filed; Rory (Treasurer) told the council that the state begins withholding aid in February when a Schedule A is missing.
Rory said he had met with DOR and the Bureau of Accounts and that the state indicated the withheld aid would be released…
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