Demographics (con't)

Certification

Most Recent2016
Next Scheduled2019

Bond Ratings

Moody’s Bond Rating as of March 2012

Aa1

S & P Bond Rating as of May 2015

AAA

Fiscal Year 2016 Estimated Cherry Sheet Aid

Education Aid

2,808,611

General Government

483,979

Total Receipts

3,293,590

Total Assessments

134,856

Net State Aid

3,158,734

Fiscal Year 2016 Tax Classification

Tax Classification

Assessed Values

Tax Levy

Tax Rate

Residential

1,891,764,942

29,927,721

15.82

Open Space

0

00.00

Commercial

244,268,325

3,864,325

15.82

Industrial

117,959,600

1,866,121

15.82

Personal Property

87,775,400

1,388,607

15.82

Total

2,341,768,267

37,046,774 

Fiscal Year 2016 Proposition 2½ Levy Capacity

New Growth

704,263

Override

0

Debt Exclusion

1,641,031

Levy Limit

39,529,466

Excess Capacity

2,482,692

Ceiling

58,544,207

Other Available Funds

06/30/2015

FY2015FY2016

Free Cash

Stabilization Fund

Overlay Reserve
1,155,194

445,944

410,787

Fiscal Year 2016 Average Single Family Tax Bill

Number of Single Family Parcels

2,835

Assessed Value of Single Family

575,521

Average Single Family Tax Bill

9,105

State Average Single Family Tax Bill

Fiscal Year 2014

4,876

Fiscal Year 2015

5,053

Fiscal Year 2016

5,247