Socioeconomic

 

 

County

Bristol

School Structure

K-12

Form of Government

Mayor

Council

2006 Population

43,283

2007 Labor Force

24,356

2007 Unemployment Rate

6.0

1999 Per Capita Income

22,660

2006 Population Per Square Mile

1,573.4

2006 Housing Units Per Square Mile

601.7

2006 Road Miles

191.08

EQV Per Capita (2006 EQV/2006 Population)

102,152

Number of Registered Vehicles (January 2006)

43,484

Average Age of Vehicles (January 2006)

9.14

2006 Number of Registered Voters

25,502

 

 

Certification

 

 

 

Most Recent

2005

 

 

Next Scheduled

2008

 

 

 

Bond Ratings

 

 

Moody’s Bond Rating as of January 2008*

A3

S & P Bond Rating as of January 2008*

A

 

 

*Blank indicates the community has not been rated by the bond agency.

 

 

Fiscal Year 2008 Estimated Cherry Sheet Aid

 

 

Education Aid

29,419,677

General Government

7,692,298

Total Receipts

37,111,975

Total Assessments

3,138,734

Net State Aid

33,973,241

 

 

 

Fiscal Year 2008 Tax Classification

 

 

 

 

Tax Classification

Assessed Values

Tax Levy

Tax Rate

Residential

3,987,455,263

37,641,578

9.44

Open Space

0

0

0.00

Commercial

380,114,377

5,910,779

15.55

Industrial

227,936,606

3,544,414

15.55

Personal Property

102,871,389

1,599,650

15.55

Total

4,698,377,635

48,696,421

 

 

 

Fiscal Year 2008 Revenues by Source

 

 

 

 

Revenue Source

 

Percent of Total

Tax Levy

48,696,421

41.10

State Aid

41,478,687

35.01

Local Receipts

27,311,150

23.05

Other Available

1,003,864

0.85

Total

118,490,122

 

 

 

Fiscal Year 2008 Proposition 2˝ Levy Capacity

 

 

New Growth

759,603

 

Override

0

 

Debt Exclusion

0

 

Levy Limit

48,707,593

 

Excess Capacity

11,172

 

Ceiling

117,459,441

 

Override Capacity

68,751,848

 

 

 

Other Available Funds

           

7/1/2007
Free Cash

FY2007
Stabilization Fund

FY2008
Overlay Reserve

1,258,572

1,779,178

605,431

 

 

 

 

 

 

 

Fiscal Year 2008 Average Single Family Tax Bill**

 

 

Number of Single Family Parcels

9,201

Assessed Value of Single Family

317,375

Average Single Family Tax Bill

2,996

 

State Average Single Family Tax Bill

 

 

Fiscal Year 2005

3,588

Fiscal Year 2006

3,801

Fiscal Year 2007

3,962

 

Attleboro 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 FY08 those communities are Barnstable, Boston, Brookline, Cambridge, Chelsea, Everett, Malden, Marlborough, Nantucket, Somerville, Somerset, Tisbury, Waltham and Watertown.  Therefore, the average single-family tax bill information in this report will be blank.

 

Fiscal Year 2007 Schedule A – Actual Revenues and Expenditures

 

 

 

 

 

 

 

 

General Fund

Special Revenue

Capital Projects

Enterprise Funds

Trust Revenue

Total All Funds

Revenues

97,801,141

13,322,856

0

16,100,723

19,985,410

147,210,130

Expenditures

85,869,763

12,413,154

8,383,932

10,819,815

18,745,633

136,232,297

   Police

5,869,705

0

0

0

0

5,869,705

   Fire

5,929,989

0

0

0

0

5,929,989

   Education

47,428,577

7,670,527

55,844

0

0

55,154,948

   Public Works

2,316,091

1,168,684

8,285,471

10,819,815

0

22,590,061

General Fund  Debt Service

7,428,333

 

 

 

 

7,428,333

   Health Ins

175,332

0

0

0

0

175,332

   Pension

3,458,161

0

0

0

0

3,458,161

   All Other

13,263,575

3,573,943

42,617

0

18,745,633

35,625,768

 

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