1 FY12 Plainville Tax Analysis A Guide to Where Your Tax $$$$ Go

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FY12 Plainville Tax AnalysisFY12 Plainville Tax Analysis

A Guide to Where Your Tax $$$$ Go

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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

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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

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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

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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

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FY12 Plainville Tax AnalysisSingle Family FY 2009 FY 2010 FY 2011 FY 2012

Assessed Value - Beg Bal 715,932,600 682,806,800 662,349,300 625,436,200 Adj/Abate 3,170,700 1,187,700 3,435,500 992,600 New Growth 9,547,600 3,388,664 8,713,400 2,952,400 Reval (45,844,100) (25,033,864) (49,062,000) -

Assessed Value - End Bal 682,806,800 662,349,300 625,436,200 629,381,200 -15.5%Parcels 1,872 1887 1905 1910Avg Value 364,747$ 351,007$ 328,313$ 329,519$ Avg Tax Bill 4,337$ 4,412$ 4,455$ 4,610$

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FY12 Plainville Tax Analysis

• FY 12 Plainville Budget - $26,831,539

• FY12 Tax Revenue - $15,829,309

• FY12 Other Revenue - $11,002.254

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• 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

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FY12 Plainville Tax AnalysisOther 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

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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.

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FY12 Plainville Tax Analysis • Functional Area DefinitionsFunctional 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

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FY12 Plainville Tax Analysis• Tax % By Functional AreaTax % 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%

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Funding % By Town Function

4% 7%

19%

5%

2%

63%

Fixed Expenses

General Government

Public Safety

Public Works

Recreaton & Culture

Schools

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Avg Valuation: 329,519$ Avg Tax Bill: 4,610$

Tax Rate: 13.99$

Tax rate Tax Tax BillCategory Appropriation % Contribution Funding

Fixed Expenses 662,688$ 4.2% 0.59$ 193$ General Government 1,074,319$ 6.8% 0.95$ 313$ Public Safety 3,063,544$ 19.4% 2.71$ 892$ Public Works 800,630$ 5.1% 0.71$ 233$ Recreaton & Culture 266,184$ 1.7% 0.24$ 78$ Schools 9,961,960$ 62.9% 8.80$ 2,901$ Total Appropriations 15,829,326$ 100.0% 13.99$ 4,610$

fy12 Appropriations / Tax Levy

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Tax Rate % Tax Tax BillAppropriation Total Contribution Contribution

Plainville Schools 4,508,843$ 45.3% 3.98$ 1,313$ King Philip 3,171,723$ 31.8% 2.80$ 924$ Debt Exclusion - Plainville 555,194$ 5.6% 0.49$ 162$ Tri County 653,508$ 6.6% 0.58$ 190$ Debt Exclusion - KP 663,583$ 6.7% 0.59$ 193$ Retired Teachers Insurance 222,755$ 2.2% 0.20$ 65$ Charter Schools 78,166$ 0.8% 0.07$ 23$ General Debt - Local Schools 75,000$ 0.8% 0.07$ 22$ Norfolk County Aggie 24,000$ 0.2% 0.02$ 7$ General Interest - Local Schools 9,188$ 0.1% 0.01$ 3$ Total 9,961,960$ 100.0% 8.80$ 2,901$

fy12 Appropriations / Tax Levy - Schools

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Police & Communications 1,801,037$ 58.8% 1.59$ 525$ Fire & Ambulance 1,262,507$ 41.2% 1.12$ 368$ Total 3,063,544$ 100.0% 2.71$ 892$

fy12 Appropriations / Tax Levy - Public Safety

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Water 74,183$ 9.3% 0.07$ 22$ Highway 338,718$ 42.3% 0.30$ 99$ Sewer 106,974$ 13.4% 0.09$ 31$ Snow Removal 237,949$ 29.7% 0.21$ 69$ Street Lights 42,806$ 5.3% 0.04$ 12$ Total 800,630$ 100.0% 0.71$ 233$

fy12 Appropriations / Tax Levy - Public Works

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Norfolk County Retirement 536,586$ 81.0% 0.47$ 156$ Town Insurance 100,235$ 15.1% 0.09$ 29$ Group Insurance 16,742$ 2.5% 0.01$ 5$ General Interest - Short Term 9,126$ 1.4% 0.01$ 3$ Total 662,688$ 100.0% 0.59$ 193$

fy12 Appropriations / Tax Levy - Fixed Expenses

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Library 159,010$ 59.7% 0.14$ 46$ Council on Aging 93,298$ 35.1% 0.08$ 27$ Parks 8,036$ 3.0% 0.01$ 2$ Historical Commission 4,975$ 1.9% 0.00$ 1$ Memorial Day 865$ 0.3% 0.00$ 0$ Total 266,184$ 100.0% 0.24$ 78$

fy12 Appropriations / Tax Levy - Recreation & Culture

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Selectmen 155,612$ 14.5% 0.14$ 45$ Overlay Reserve 152,226$ 14.2% 0.13$ 44$ Assessors 125,879$ 11.7% 0.11$ 37$ Medicare Taxes 105,468$ 9.8% 0.09$ 31$ Treasurer 99,328$ 9.2% 0.09$ 29$ Town Clerk 89,211$ 8.3% 0.08$ 26$ Town Accountant 66,534$ 6.2% 0.06$ 19$ Board of Health 55,924$ 5.2% 0.05$ 16$ County Assessment 52,688$ 4.9% 0.05$ 15$ Tax Collector 50,842$ 4.7% 0.04$ 15$ Veteran's Benfits (43,233)$ -4.0% (0.04)$ (13)$ Building Inspection (98,736)$ -9.2% (0.09)$ (29)$

Total 1,074,319$ 100.0% 0.95$ 313$

fy12 Appropriations / Tax Levy - General Govt

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FY12 Plainville Tax AnalysisAvg Tax Bill: 4,610$

Tax rate Tax Billfy12 Budget Appropriation % Funding

Plainville Schools 8,001,022$ 4,508,843$ 28.5% 1,313$ King Philip 3,704,746$ 3,171,723$ 20.0% 924$ Police & Communications 2,095,790$ 1,801,037$ 11.4% 525$ Water 2,085,864$ 74,183$ 0.5% 22$ Fire & Ambulance 1,918,045$ 1,262,507$ 8.0% 368$ Debt Exclusion - Plainville 1,628,118$ 555,194$ 3.5% 162$ Other Gen Govt 1,109,918$ 569,357$ 3.6% 166$ Sewer 894,096$ 106,974$ 0.7% 31$ Norfolk County Retirement 881,951$ 536,586$ 3.4% 156$ Tri County 763,333$ 653,508$ 4.1% 190$ Highway 703,902$ 338,718$ 2.1% 99$ Debt Exclusion - KP 663,583$ 663,583$ 4.2% 193$ Enterprise 428,045$ 8,585$ 0.1% 3$ Snow Removal 277,937$ 237,949$ 1.5% 69$ Selectmen 234,386$ 155,612$ 1.0% 45$ Retired Teachers Insurance 222,755$ 222,755$ 1.4% 65$ Library 195,383$ 159,010$ 1.0% 46$ Town Insurance 164,750$ 100,235$ 0.6% 29$ Overlay Reserve 152,226$ 152,226$ 1.0% 44$ Council on Aging 148,294$ 93,298$ 0.6% 27$ Treasurer 127,142$ 99,328$ 0.6% 29$ Town Clerk 120,079$ 89,211$ 0.6% 26$ Other Schools 108,188$ 108,188$ 0.7% 32$ Charter Schools 93,454$ 78,166$ 0.5% 23$ Other Public Works 50,000$ 42,806$ 0.3% 12$ Other Fixed 42,517$ 25,868$ 0.2% 8$ Other Recreation 16,039$ 13,876$ 0.1% 4$

Total 26,831,563$ 15,829,326$ 100.0% 4,610$


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Avg Tax Bill: 4,610$

Tax rate Tax Billfy12 Budget Appropriation % Funding

Plainville Schools 8,001,022$ 4,508,843$ 28.5% 1,313$ King Philip 3,704,746$ 3,171,723$ 20.0% 924$ Police & Communications 2,095,790$ 1,801,037$ 11.4% 525$ Fire & Ambulance 1,918,045$ 1,262,507$ 8.0% 368$ Debt Exclusion - KP 663,583$ 663,583$ 4.2% 193$ Tri County 763,333$ 653,508$ 4.1% 190$ Debt Exclusion - Plainville 1,628,118$ 555,194$ 3.5% 162$ Norfolk County Retirement 881,951$ 536,586$ 3.4% 156$ Highway 703,902$ 338,718$ 2.1% 99$ Snow Removal 277,937$ 237,949$ 1.5% 69$ Retired Teachers Insurance 222,755$ 222,755$ 1.4% 65$ Other Gen Govt 1,109,918$ 569,357$ 3.6% 166$ Overlay Reserve 152,226$ 152,226$ 1.0% 44$ Library 195,383$ 159,010$ 1.0% 46$ Selectmen 234,386$ 155,612$ 1.0% 45$ Other 4,278,468$ 840,718$ 5.3% 245$ Total 26,831,563$ 15,829,326$ 100.0% 4,610$


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• Further questions or a copy of the Presentation, Contact Rob Rose

508-643-9168

[email protected] or

[email protected]

The Presentation will be on the Plainville Town website soon

mailto:[email protected]

Documents

1 FY12 Plainville Tax Analysis A Guide to Where Your Tax $$$$ Go