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FY12 Plainville Tax Analysis

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)

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FY12 Plainville Tax Analysis

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

  2. 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

  3. 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

  4. 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

  5. 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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  7. FY12 Plainville Tax Analysis • FY 12 Plainville Budget - $26,831,539 • FY12 Tax Revenue - $15,829,309 • FY12 Other Revenue - $11,002.254

  8. 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

  9. 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

  10. 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

  11. 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

  12. 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%

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  23. 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

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