April 25, 2007
CCM Analysis: General Assembly’s State Budget Proposal FY 08 & FY 09
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TABLE OF CONTENTS
Impact on Municipalities
- Education Aid
- Special Education
- Non-education Aid
Smart Growth Initiatives
- RPO Grants
- Regional Cooperation Grants
Capital Programs:
- School Construction
- Clean Water Fund
- Other Bond Funds
State-Local Tax Changes
- Real Estate Conveyance Tax
- Property Tax Cap
- Phase-out of Property Tax on Most Cars
- Income Tax Increase
- Property Tax Credit Against State Income Tax
- Cigarette Tax Increase
- Estate Tax Cut
- Sales Tax Changes
- Energy Tax Cut
Appendices
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