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This comprehensive guide provides an overview of the FY12 tax rates, property values, and average tax bills in Plainville and neighboring towns. It highlights crucial statistics, including tax revenue, budget allocations, and the share of property taxes in funding the annual budget. Key functional areas funded by these taxes are identified, emphasizing education, public safety, and public works. For further inquiries or to access the full presentation, contact Rob Rose at 508-643-9168 or via email.
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FY12 Plainville Tax Analysis A Guide to Where Your Tax $$$$ Go
FY12 Plainville Tax Analysis • FY 12 Tax Rates (R – Residential) (C – Commercial) • Norfolk - $16.47 • Wrentham - $14.43 (R); $17.06 (C) • Mansfield - $ 14.29 (R); $18.50 (C) • Walpole - $14.14 (R); $18.40 (C) • Bellingham - $14.05 (R); $16.08 (C) • Plainville - $13.99 • Foxboro - $13.73 (R); $14.83 (C) • Franklin $13.73 • Norton - $13.54 • Attleboro - $12.88 (R); $20.30 (C) • North Attleboro - $ 12.23 (R); $12.70 (C) • Seekonk - $ 12.19 (R); $24.47 (C) • Rehoboth - $10.97
FY12 Plainville Tax Analysis • FY 12 Avg Single Family Home • Norfolk - $420,567 • Walpole - $405,924 • Wrentham - $379,422 • Foxboro - $376,827 • Mansfield - $361,386 • Franklin - $352,653 • Rehoboth - $352,511 • Plainville $329,519 • North Attleboro - $318,502 • Seekonk - $296,707 • Norton - $292,036 • Attleboro - $259,373 • Bellingham - $255,460
FY12 Plainville Tax Analysis • FY 12 Avg Single Family Tax Bill • Norfolk - $6,927 • Walpole - $5,740 • Wrentham - $5,475 • Foxboro - $5,174 • Mansfield - $5,164 • Franklin - $4,842 • Plainville $4,610 • Norton - $3,954 • North Attleboro $3,895 • Rehoboth - $3,867 • Seekonk - $3,617 • Bellingham - $3,589 • Attleboro - $3,341
FY12 Plainville Tax Analysis • Value Ratio (Valuation / Tax Bill) • Rehoboth – 91.16 • Seekonk – 82.03 (Dual Rate) • North Attleboro – 81.77 • Attleboro – 77.64 (Dual Rate) • Norton – 73.86 • Foxboro – 72.83 • Franklin – 72.83 • Plainville – 71.48 • Bellingham 71.17 (Dual Rate) • Walpole – 70.72 (Dual Rate) • Mansfield – 69.98 (Dual Rate) • Wrentham – 69.30 (Dual Rate) • Norfolk – 60.72
FY12 Plainville Tax Analysis • FY 12 Plainville Budget - $26,831,539 • FY12 Tax Revenue - $15,829,309 • FY12 Other Revenue - $11,002.254
FY12 Plainville Tax Analysis • 59.0% of the FY12 Plainville Budget is funded by Property Tax Receipts • 41.0% of the FY12 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
FY12 Plainville Tax Analysis Other Receipts • State Aid – $4,557,618 • Water Revenue – $1,371,168 • Motor Vehicle Excise – $942,000 • Sewer Revenues – $748,370 • Ambulance Receipts – $400,000 • Free Cash - $720,674 • Trash Receipts – $384,325 • Chapter 90 (Highway) - $273,214
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 $474 or 10.3% of the $4,610 average Plainville tax bill. FY12 Plainville Tax Analysis
FY12 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
FY12 Plainville Tax Analysis • Tax % By Functional Area • Schools – 62.9% • Public Safety – 19.4% • General Government – 6.7% • Fixed Expenses – 4.2% • Public Works – 5.1% • Recreation & Culture – 1.7%
FY12 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