Northampton
Document Sample


Massachusetts Department of Revenue, Division of Local Services Page 1
At A Glance Report for Northampton
Socioeconomic
County Hampshire
School Structure K-12
Form of Government Mayor
Council
2008 Population 28,379
2010 Labor Force 16,393
2010 Unemployment Rate 6.2
1999 Per Capita Income 24,022
2008 Population Per Square Mile 823.53
2007 Housing Units Per Square Mile 359.98
2009 Road Miles 183.25
EQV Per Capita (2008 EQV/2008 Population) 119,149
Number of Registered Vehicles (January 2008) 26,176
Average Age of Vehicles (January 2008) 10.57
2008 Number of Registered Voters 20,338
Certification
Most Recent 2010
Next Scheduled 2013
Bond Ratings
Moody’s Bond Rating as of December 2009* A1
S & P Bond Rating as of December 2009* A+
*Blank indicates the community has not been rated by the bond agency.
Fiscal Year 2010 Estimated Cherry Sheet Aid
Education Aid 9,735,131
General Government 4,497,288
Total Receipts 14,232,419
Total Assessments 2,488,059
Net State Aid 11,744,360
Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services Page 2
At A Glance Report for Northampton
Fiscal Year 2010 Tax Classification
Tax Classification Assessed Values Tax Levy Tax Rate
Residential 2,570,772,410 32,494,563 12.64
Open Space 0 0 0.00
Commercial 451,555,850 5,707,666 12.64
Industrial 84,013,220 1,061,927 12.64
Personal Property 87,213,650 1,102,381 12.64
Total 3,193,555,130 40,366,537
Fiscal Year 2010 Revenues by Source
Percent
Revenue Source of Total
Tax Levy 40,366,537 44.21
State Aid 17,365,303 19.02
Local Receipts 30,565,359 33.48
Other Available 3,006,344 3.29
Total 91,303,543
Fiscal Year 2010 Proposition 2½ Levy Capacity
New Growth 375,927
Override 2,000,000
Debt Exclusion 1,220,649
Levy Limit 40,377,336
Excess Capacity 10,799
Ceiling 79,838,878
Override Capacity 40,682,191
Other Available Funds
7/1/2009 FY2009 FY2010
Free Cash Stabilization Fund Overlay Reserve
-165,930 1,789,222 412,448
Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services Page 3
At A Glance Report for Northampton
Fiscal Year 2010 Average Single Family Tax Bill**
Number of Single Family Parcels 5,531
Assessed Value of Single Family 302,155
Average Single Family Tax Bill 3,819
State Average Single Family Tax Bill
Fiscal Year 2007 3,962
Fiscal Year 2008 4,110
Fiscal Year 2009 4,250
Northampton 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 FY09 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 2009 Schedule A – Actual Revenues and Expenditures
General Fund Special Capital Enterprise Trust Total All
Revenue Projects Funds Revenue Funds
Revenues 64,726,056 13,894,037 46,712 12,910,152 506,611 92,083,568
Expenditures 70,681,319 10,923,381 4,813,330 12,890,333 303,043 99,611,406
Police 4,637,816 0 0 0 0 4,637,816
Fire 3,581,843 0 0 0 0 3,581,843
Education 28,476,375 6,863,296 142,491 0 0 35,482,162
Public Works 3,697,315 5,213 934,546 8,647,595 0 13,284,669
General Fund 5,662,964
Debt Service 5,662,964
Health Ins 9,060,367 9,060,367
Pension 3,701,992 3,701,992
All Other 11,862,647 4,054,872 3,736,293 4,242,738 303,043 24,199,593
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 2,280.8 489.6 1.6 454.9 17.9 3,244.8
Expenditures 2,490.6 384.9 169.6 454.2 10.7 3,510.0
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.
Last Page Update 06/10/2010
Related docs
Get documents about "