Socioeconomic

 

 

County

Bristol

School Structure

K-12

Form of Government

Town Administrator

Selectmen

Representative Town Meeting

2006 Population

27,946

2007 Labor Force

16,332

2007 Unemployment Rate

5.4

1999 Per Capita Income

25,974

2006 Population Per Square Mile

1,499.3

2006 Housing Units Per Square Mile

570.6

2006 Road Miles

129.99

EQV Per Capita (2006 EQV/2006 Population)

143,642

Number of Registered Vehicles (January 2006)

28,711

Average Age of Vehicles (January 2006)

8.21

2006 Number of Registered Voters

18,654

 

 

Certification

 

 

 

Most Recent

2005

 

 

Next Scheduled

2008

 

 

 

Bond Ratings

 

 

Moody’s Bond Rating as of January 2008*

A1

S & P Bond Rating as of January 2008*

 

 

 

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

 

 

Fiscal Year 2008 Estimated Cherry Sheet Aid

 

 

Education Aid

20,476,377

General Government

3,882,613

Total Receipts

24,358,990

Total Assessments

2,940,378

Net State Aid

21,418,612

 

 

 

Fiscal Year 2008 Tax Classification

 

 

 

 

Tax Classification

Assessed Values

Tax Levy

Tax Rate

Residential

3,211,146,109

29,125,095

9.07

Open Space

0

0

0.00

Commercial

690,440,991

6,262,300

9.07

Industrial

110,657,800

1,003,666

9.07

Personal Property

53,525,680

485,478

9.07

Total

4,065,770,580

36,876,539

 

 

 

Fiscal Year 2008 Revenues by Source

 

 

 

 

Revenue Source

 

Percent of Total

Tax Levy

36,876,539

42.98

State Aid

26,040,860

30.35

Local Receipts

15,669,894

18.26

Other Available

7,211,211

8.40

Total

85,798,504

 

 

 

Fiscal Year 2008 Proposition 2˝ Levy Capacity

 

 

New Growth

501,756

 

Override

0

 

Debt Exclusion

572,363

 

Levy Limit

36,893,347

 

Excess Capacity

16,808

 

Ceiling

101,644,265

 

Override Capacity

65,347,541

 

 

 

Other Available Funds

           

7/1/2007
Free Cash

FY2007
Stabilization Fund

FY2008
Overlay Reserve

1,042,932

3,161,358

419,371

 

 

 

 

 

 

 

Fiscal Year 2008 Average Single Family Tax Bill**

 

 

Number of Single Family Parcels

6,676

Assessed Value of Single Family

375,585

Average Single Family Tax Bill

3,407

 

State Average Single Family Tax Bill

 

 

Fiscal Year 2005

3,588

Fiscal Year 2006

3,801

Fiscal Year 2007

3,962

 

North Attleborough 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

67,681,556

6,914,814

658,556

37,864,707

455,691

113,575,324

Expenditures

70,949,781

5,068,393

2,249,638

38,356,050

316,690

116,940,552

   Police

4,270,407

0

0

0

0

4,270,407

   Fire

3,417,891

0

0

0

0

3,417,891

   Education

36,174,644

3,498,013

216,325

0

0

39,888,982

   Public Works

1,500,605

30,443

272,136

36,603,546

0

38,406,730

General Fund  Debt Service

7,923,401

 

 

 

 

7,923,401

   Health Ins

6,578,980

0

0

0

0

6,578,980

   Pension

1,616,510

0

0

0

0

1,616,510

   All Other

9,467,343

1,539,937

1,761,177

1,752,504

316,690

14,837,651

 

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