1 / 23

FY14 Plainville Tax Analysis

FY14 Plainville Tax Analysis. A Guide to Where Your Tax $$$$ Go. FY14 Plainville Tax Analysis. FY 14 Tax Rates (R – Residential) (C – Commercial) Norfolk - $17.43 Mansfield - $15.77 (R); $20.45 (C) Wrentham - $ 15.31 (R); $18.55 (C) Norton - $15.37 Wrentham - $15.31(R); $18.55 (C)

azure
Télécharger la présentation

FY14 Plainville Tax Analysis

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. FY14 Plainville Tax Analysis A Guide to Where Your Tax $$$$ Go

  2. FY14 Plainville Tax Analysis • FY 14 Tax Rates (R – Residential) (C – Commercial) • Norfolk - $17.43 • Mansfield - $15.77 (R); $20.45 (C) • Wrentham - $ 15.31 (R); $18.55 (C) • Norton - $15.37 • Wrentham - $15.31(R); $18.55 (C) • Foxboro - $14.99 (R); $17.09 (C) • Plainville - $14.96 (R); $16.02 (C) • Attleboro $14.88 (R); $21.59 (C) • Bellingham - $14.66 (R); 17.91 (C) • Franklin - $14.45 • Seekonk - $13.33 (R); $26.52 (C) • North Attleboro - $ 13.24 • Rehoboth - $12.44

  3. FY14 Plainville Tax Analysis • FY 14 Avg Single Family Home • Norfolk - $422,695 • Walpole - $406,431 • Wrentham - $373,215 • Foxboro - $372,424 • Franklin - $363,989 • Mansfield - $356,859 • Rehoboth - $326,175 • North Attleboro $317,766 • Plainville - $316,434 • Seekonk - $285,908 • Norton - $282,431 • Bellingham - $257,222 • Attleboro - $240,768

  4. FY14 Plainville Tax Analysis • FY 14 Avg Single Family Tax Bill • Norfolk - $7,368 • Walpole - $6,405 • Wrentham - $5,714 • Mansfield - $5,628 • Foxboro - $5,583 • Franklin - $5,260 • Plainville $4,734 • Norton - $4,378 • North Attleboro $4,207 • Rehoboth - $4,058 • Seekonk - $3,811 • Bellingham - $3,771 • Attleboro - $3,575

  5. FY14 Plainville Tax Analysis • Value Ratio (Valuation / Tax Bill) • Rehoboth – 80.38 • North Attleboro – 75.53 • Seekonk – 75.02 (Dual Rate) • Franklin – 69.20 • Bellingham – 68.21 (Dual Rate) • Attleboro – 67.35 (Dual Rate) • Plainville – 66.84 (Dual Rate) • Foxboro – 66.71 (Dual Rate) • Wrentham – 65.32 (Dual Rate) • Norton – 64.51 • Walpole – 63.46 (Dual Rate) • Mansfield – 63.41 (Dual Rate) • Norfolk – 57.37

  6. FY14 Plainville Tax Analysis

  7. FY14 Plainville Tax Analysis • FY14 Plainville Budget - $28,289,884 • FY14 Tax Revenue - $17,739,695 • FY14 Other Revenue - $10,550,189

  8. FY14 Plainville Tax Analysis • 60.9% of the FY14 Plainville Budget is funded by Property Tax Receipts • 39.1% of the FY14 Plainville Budget is funded by Other Receipts such as Motor Vehicle Excise Taxes, State Aid, Water, Sewer & Trash Receipts, Free Cash and Other Miscellaneous Receipts

  9. FY14 Plainville Tax Analysis Other Receipts • State Aid – $4,314,750 • Water Revenue – $1,216,192 • Motor Vehicle Excise – $947,000 • Sewer Revenues – $783,681 • Ambulance Receipts – $410,000 • Free Cash - $616,414 • Trash Receipts – $417,192 • Chapter 90 (Highway) - $273,723

  10. Other Revenue Sources distributed based on: 1) Direct Basis – Chapter 70 to Schools, Water Receipts to Water Dept., etc. 2) Indirect Basis – Motor Vehicle Excise Taxes, Lottery Aid, etc. These revenue sources are allocated based on % of Total Department Expenses Health Insurance costs were allocated back to Departments based on the actual $$$$ incurred. Taken as a single entity, health insurance represents $500 or 10.5% of the $4,734 average Plainville tax bill. FY14 Plainville Tax Analysis

  11. FY14 Plainville Tax Analysis • Functional Area Definitions • Schools – Plainville, King Philip, Tri-County, Charter School Assessments, Debt Exclusions, • Public Safety – Police, Fire, Ambulance, Dispatchers • Public Works – Water, Sewer, Highway, Street Lights, Snow Removal • Recreation & Culture – Library, Council On Aging, Parks, Historical Commission • Fixed Expenses – Norfolk County Retirement, Town Insurance • General Govt – Selectmen, Town Clerk, Treasurer, Board of Health, etc

  12. FY14 Plainville Tax Analysis • Tax % By Functional Area • Schools – 60.1% • Public Safety – 19.9% • General Government – 7.6% • Fixed Expenses – 4.6% • Public Works – 6.0% • Recreation & Culture – 1.9%

  13. FY14 Plainville Tax Analysis

  14. FY14 Plainville Tax Analysis

  15. FY14 Plainville Tax Analysis

  16. FY14 Plainville Tax Analysis

  17. FY14 Plainville Tax Analysis

  18. FY14 Plainville Tax Analysis

  19. FY14 Plainville Tax Analysis

  20. FY14 Plainville Tax Analysis

  21. FY14 Plainville Tax Analysis

  22. FY14 Plainville Tax Analysis

  23. FY14 Plainville Tax Analysis • Further questions or a copy of the Presentation, Contact Rob Rose 508-643-9168 Lsxplrer@comcast.net or Lsxplrer@gmail.com The Presentation will be on the Plainville Town website soon

More Related