|
Demographics (cont):
|
Certification |
Most Recent
|
2010 |
Next Scheduled |
2013 |
| Bond Ratings |
Moody’s Bond Rating as of July
2008* |
Aa1 |
S & P Bond Rating as of July 2008* |
|
*Blank indicates the community has
not been rated by the bond agency. |
|
Fiscal Year 2012 Estimated Cherry Sheet
Aid |
Education Aid |
2,772,904 |
General Government |
384,469 |
Total Receipts |
3,157,373 |
Total Assessments |
309,250 |
Net State Aid |
2,848,123 |
|
Fiscal Year 2012 Tax Classification |
Tax Classification |
Assessed Values |
Tax Levy |
Tax Rate |
Residential |
1,660,192,647 |
26,795,509 |
16.14 |
Open Space |
0 |
0 |
0.00 |
Commercial |
218,948,090 |
3,533,822 |
16.14 |
Industrial |
108,793,900 |
1,755,934 |
16.14 |
Personal Property |
70,602,900 |
1,139,531 |
16.14 |
Total |
2,058,537,537 |
33,224,796 |
|
|
Fiscal Year 2012 Revenues by Source
|
Revenue Source |
Percent of |
Total |
Tax Levy |
33,224,795 |
69.37 |
State Aid |
5,344,645 |
11.16 |
Local Receipts |
5,975,363 |
12.48 |
Other Available |
3,352,283 |
6.99 |
47,897.086 |
47,897,086 |
|
|
Fiscal Year 2012 Proposition 2½
Levy Capacity |
New Growth |
461,385 |
Override |
0 |
Debt Exclusion |
2,525,340 |
Levy Limit |
34,086,940 |
Excess Capacity |
862,145 |
Ceiling |
51,463,438 |
Override Capacity |
19,901,838 |
|
Other Available Funds
|
|
7/1/20011
Free Cash
|
FY2011
Stabilization Fund
|
FY2012
Overlay Reserve |
|
1,701,671 |
421,627 |
380,022 |
|
Fiscal Year 2012 Average Single Family
Tax Bill** |
Number of Single Family Parcels |
2,797 |
Assessed Value of Single Family |
516,361 |
Average Single Family Tax Bill |
8,334 |
|
State Average Single Family Tax Bill |
Fiscal Year 2009 |
4,250 |
Fiscal Year 2010 |
4,390 |
Fiscal Year 2011 |
4,537 |
Southborough issues property tax bills Quarterly.
**For the communities granting residential exemptions,
DLS does not collect enough information to calculate an
average single-family tax bill. In FY12 those communities
are Barnstable, Boston, Brookline, Cambridge, Chelsea,
Everett, Malden, Nantucket, Somerville, Somerset,
Tisbury, Waltham and Watertown. Therefore, the average
single-family tax bill information in this report will
be blank.
Fiscal Year 2010 Schedule A - Actual Revenues and Expenditures
|
|
|
|
|
|
|
|
General Fund |
Special Revenue |
Capital Projects |
Enterprise Funds |
Trust Revenue |
Total
All Funds |
Revenues |
39,450,888 |
2,983,664 |
166,432 |
1,489,143 |
338,005 |
44,428,132 |
Expenditures |
40,936,037 |
3,069,757 |
1,371,931 |
1,455,266 |
115,790 |
46,948,781 |
Police |
1,583,407 |
0 |
0 |
0 |
0 |
1,583,407 |
Fire |
1,919,354 |
0 |
0 |
0 |
0 |
1,919,354 |
Education |
22,539,087 |
1,761,734 |
719,293 |
0 |
0 |
25,020,114 |
Public Works |
2,402,248 |
10,976 |
394,226 |
1,455,266 |
0 |
4,262,716 |
| General Fund Debt Service |
4,452,928 |
|
|
|
|
4,452,928 |
Health Ins |
3,518,208 |
|
|
|
|
3,518,208 |
Pension |
911,918 |
|
|
|
|
911,918 |
All Other |
3,608,887 |
1,297,047 |
258,412 |
0 |
115,790 |
5,280,136 |
This data only represents the revenues and expenditures occurring in these funds and does not reflect any transfers to or from other funds. Therefore, this data should not be used to calculate an ending fund balance.
|
Total Revenues and Expenditures Per Capita
|
|
General Fund |
Special
Revenue |
Capital
Projects |
Enterprise
Funds |
Trust
Revenue |
Total
All Funds |
Revenues |
4,039.20 |
305.50 |
17.00 |
152.50 |
34.60 |
4,548.80 |
Expenditures |
4,191.30 |
314.30 |
140.50 |
149.00 |
11.90 |
4,806.90 |
If you have questions regarding the data contained in
this report, please contact the Municipal Databank/Local
Aid Section at (617) 626-2384 or databank@dor.state.ma.us.
|
