Socioeconomic
|
|
|
|
County |
Norfolk |
|
School Structure |
K-06 |
|
Form of Government |
Town
Administrator Selectmen Open Town
Meeting |
|
2006
Population |
10,598 |
|
2007 Labor
Force |
4,754 |
|
2007
Unemployment Rate |
4.4 |
|
1999 Per
Capita Income |
32,454 |
|
2006 Population Per Square Mile |
714.2 |
|
2006 Housing Units Per Square Mile |
192.8 |
|
2006 Road Miles |
70.61 |
|
EQV Per Capita (2006
EQV/2006 Population) |
145,880 |
|
Number of Registered Vehicles (January 2006) |
10,084 |
|
Average Age of Vehicles (January 2006) |
7.71 |
|
2006 Number of Registered Voters |
5,956 |
Certification
|
|
|
|||
|
Most Recent |
2007 |
|
|
|
Next Scheduled |
2010 |
|
|
Bond Ratings
|
|
|
|
Moody’s Bond Rating as of January 2008* |
A1 |
|
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 |
3,440,257 |
|
General Government |
1,526,370 |
|
Total Receipts |
4,966,627 |
|
Total Assessments |
493,346 |
|
Net State Aid |
4,473,281 |
Fiscal Year 2008 Tax
Classification
|
|
|
|
|
|
Tax Classification |
Assessed
Values |
Tax Levy |
Tax Rate |
|
Residential |
1,426,459,510 |
18,230,153 |
12.78 |
|
Open Space |
367,100 |
4,692 |
12.78 |
|
Commercial |
56,031,690 |
716,085 |
12.78 |
|
Industrial |
12,881,500 |
164,626 |
12.78 |
|
Personal Property |
16,709,363 |
213,546 |
12.78 |
|
Total |
1,512,449,163 |
19,329,102 |
|
Fiscal Year 2008 Revenues by
Source
|
|
|
|
|
Revenue Source |
|
Percent of Total |
|
Tax Levy |
19,329,100 |
60.54 |
|
State Aid |
5,461,285 |
17.10 |
|
Local Receipts |
6,087,916 |
19.07 |
|
Other Available |
1,049,987 |
3.29 |
|
Total |
31,928,288 |
|
Fiscal Year 2008 Proposition 2˝
Levy Capacity
|
|
|
|
|
New Growth |
352,944 |
|
|
Override |
0 |
|
|
Debt Exclusion |
1,224,107 |
|
|
Levy Limit |
19,337,141 |
|
|
Excess Capacity |
8,039 |
|
|
Ceiling |
37,811,229 |
|
|
Override Capacity |
19,698,195 |
|
|
7/1/2007 |
FY2007 |
FY2008 |
|
327,374 |
499,610 |
112,056 |
Fiscal Year 2008 Average Single
Family Tax Bill**
|
|
|
|
Number of Single Family Parcels |
2,868 |
|
Assessed Value of Single Family |
461,197 |
|
Average Single Family Tax Bill |
5,894 |
State Average Single Family Tax Bill
|
|
|
|
Fiscal Year 2005 |
3,588 |
|
Fiscal Year 2006 |
3,801 |
|
Fiscal Year 2007 |
3,962 |
Norfolk 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 |
27,049,730 |
3,645,848 |
47,792 |
1,374,094 |
187,313 |
32,304,777 |
|
Expenditures |
27,713,176 |
2,695,212 |
767,334 |
1,196,381 |
24,005 |
32,396,108 |
|
Police |
1,519,208 |
0 |
0 |
0 |
0 |
1,519,208 |
|
Fire |
1,113,737 |
0 |
0 |
0 |
0 |
1,113,737 |
|
Education |
15,358,232 |
1,543,773 |
0 |
0 |
0 |
16,902,005 |
|
Public Works |
1,938,084 |
379,515 |
33,784 |
1,196,381 |
0 |
3,547,764 |
|
General Fund Debt Service |
1,963,693 |
|
|
|
|
1,963,693 |
|
Health Ins |
1,132,942 |
0 |
0 |
0 |
0 |
1,132,942 |
|
Pension |
902,495 |
0 |
0 |
0 |
0 |
902,495 |
|
All Other |
3,784,785 |
771,924 |
733,550 |
0 |
24,005 |
5,314,264 |
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 |