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Massachusetts Department of Revenue, Division of Local Services Page 1
At A Glance Report for Lincoln
Socioeconomic
County Middlesex
School Structure K-08
Form of Government Town Administrator
Selectmen
Open Town Meeting
2010 Population 6,362
2011 Labor Force 3,526
2011 Unemployment Rate 4.2
1999 Per Capita Income 49,095
2009 Population Per Square Mile 602.16
2009 Housing Units Per Square Mile 202.57
2009 Road Miles 62.60
EQV Per Capita (2010 EQV/2009 Population) 232,778
Number of Registered Vehicles (January 2010) 6,779
Average Age of Vehicles (January 2010) 9.43
2010 Number of Registered Voters 4,422
Certification
Most Recent 2010
Next Scheduled 2013
Bond Ratings
Moody’s Bond Rating as of December 2010*
S & P Bond Rating as of December 2010* AAA
*Blank indicates the community has not been rated by the bond agency.
Fiscal Year 2011 Estimated Cherry Sheet Aid
Education Aid 718,809
General Government 902,087
Total Receipts 1,620,896
Total Assessments 171,019
Net State Aid 1,449,877
Last Page Update 09/23/2011
Massachusetts Department of Revenue, Division of Local Services Page 2
At A Glance Report for Lincoln
Fiscal Year 2011 Tax Classification
Tax Classification Assessed Values Tax Levy Tax Rate
Residential 1,792,773,459 22,176,608 12.37
Open Space 0 0 0.00
Commercial 42,140,890 685,632 16.27
Industrial 2,824,996 45,963 16.27
Personal Property 25,503,720 414,946 16.27
Total 1,863,243,065 23,323,149
Fiscal Year 2011 Revenues by Source
Percent
Revenue Source of Total
Tax Levy 23,323,148 70.61
State Aid 1,620,896 4.91
Local Receipts 5,410,570 16.38
Other Available 2,678,657 8.11
Total 33,033,271
Fiscal Year 2011 Proposition 2½ Levy Capacity
New Growth 734,109
Override 0
Debt Exclusion 1,395,022
Levy Limit 23,336,123
Excess Capacity 12,974
Ceiling 46,581,077
Override Capacity 24,639,976
Other Available Funds
7/1/2010 FY2010 FY2011
Free Cash Stabilization Fund Overlay Reserve
3,340,722 0 97,735
Last Page Update 09/23/2011
Massachusetts Department of Revenue, Division of Local Services Page 3
At A Glance Report for Lincoln
Fiscal Year 2011 Average Single Family Tax Bill**
Number of Single Family Parcels 1,506
Assessed Value of Single Family 1,000,638
Average Single Family Tax Bill 12,378
State Average Single Family Tax Bill
Fiscal Year 2009 4,250
Fiscal Year 2010 4,390
Fiscal Year 2011 4,537
Lincoln issues property tax bills Semi-Annually.
**For the communities granting residential exemptions, DLS does not collect enough information to calculate an average
single-family tax bill. In FY11 those communities are Barnstable, Boston, Brookline, Cambridge, Chelsea, Everett,
Malden, Nantucket, Somerville, Somerset, Tisbury, Waltham and Watertown. Therefore, the average single-family tax bill
information in this report will be blank.
Fiscal Year 2010 Schedule A – Actual Revenues and Expenditures
General Fund Special Capital Enterprise Trust Total All
Revenue Projects Funds Revenue Funds
Revenues 26,703,029 14,612,774 0 1,139,383 4,121,671 46,576,857
Expenditures 26,709,962 13,048,345 3,653,550 1,432,070 3,690,224 48,534,151
Police 1,374,035 0 0 0 0 1,374,035
Fire 1,212,733 0 0 0 0 1,212,733
Education 13,274,976 1,536,603 0 0 0 14,811,579
Public Works 1,329,735 314,300 0 1,432,070 0 3,076,105
General Fund 277,846
Debt Service 277,846
Health Ins 3,160,158 3,160,158
Pension 1,220,330 1,220,330
All Other 4,860,149 11,197,442 3,653,550 0 3,690,224 23,401,365
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 Capital Enterprise Trust Total All
Revenue Projects Funds Revenue Funds
Revenues 4,197.3 2,296.9 0.0 179.1 647.9 7,321.1
Expenditures 4,198.4 2,051.0 574.3 225.1 580.0 7,628.8
If you have questions regarding the data contained in this report, please contact the Municipal Databank/Local Aid Section
at (617) 626-2384 or databank@dor.state.ma.us.
Click here to see if the Division of Local Services’ Technical Assistance Section has conducted a financial management
review or other analysis in Lincoln.
Last Page Update 09/23/2011
