Shrewsbury

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					Massachusetts Department of Revenue, Division of Local Services                         Page 1

                          At A Glance Report for Shrewsbury

                                          Socioeconomic

    County                                                Worcester
    School Structure                                      K-12
    Form of Government                                    Town Manager
                                                          Selectmen
                                                          Representative Town Meeting
    2008 Population                                                                       33,435
    2010 Labor Force                                                                      17,419
    2010 Unemployment Rate                                                                   7.8
    1999 Per Capita Income                                                                31,570
    2008 Population Per Square Mile                                                     1,612.88
    2007 Housing Units Per Square Mile                                                    612.45
    2009 Road Miles                                                                       178.78
    EQV Per Capita (2008 EQV/2008 Population)                                           162,172
    Number of Registered Vehicles (January 2008)                                          35,586
    Average Age of Vehicles (January 2008)                                                  8.59
    2008 Number of Registered Voters                                                      22,468


                                            Certification

                         Most Recent                              2010
                         Next Scheduled                           2013


                                           Bond Ratings

         Moody’s Bond Rating as of December 2009*                          Aa3
         S & P Bond Rating as of December 2009*


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


                       Fiscal Year 2010 Estimated Cherry Sheet Aid

                         Education Aid                              19,192,321
                         General Government                          2,759,949
                         Total Receipts                             21,952,270
                         Total Assessments                           1,816,393
                         Net State Aid                              20,135,877



Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services                          Page 2

                          At A Glance Report for Shrewsbury

                              Fiscal Year 2010 Tax Classification

          Tax Classification      Assessed Values          Tax Levy            Tax Rate
          Residential                4,183,776,708          43,134,738                10.31
          Open Space                             0                   0                  0.00
          Commercial                   353,305,798           3,642,583                10.31
          Industrial                   157,391,714           1,622,709                10.31
          Personal Property             68,156,942             702,698                10.31
          Total                      4,762,631,162          49,102,728


                           Fiscal Year 2010 Revenues by Source

                                                                    Percent
                          Revenue Source                            of Total
                          Tax Levy                     49,102,727      50.37
                          State Aid                    25,441,123      26.10
                          Local Receipts               11,743,000      12.05
                          Other Available              11,196,574      11.49
                          Total                        97,483,424


                     Fiscal Year 2010 Proposition 2½ Levy Capacity

                     New Growth                               414,006
                     Override                                       0
                     Debt Exclusion                         3,363,018
                     Levy Limit                            49,185,892
                     Excess Capacity                           83,164
                     Ceiling                              119,065,779
                     Override Capacity                     73,242,905


                                     Other Available Funds

                   7/1/2009             FY2009                  FY2010
                  Free Cash        Stabilization Fund       Overlay Reserve
                      4,778,074                652,136                758,895




Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services                                          Page 3

                              At A Glance Report for Shrewsbury

                       Fiscal Year 2010 Average Single Family Tax Bill**

                        Number of Single Family Parcels                                   9,012
                        Assessed Value of Single Family                                 377,640
                        Average Single Family Tax Bill                                    3,893

                                 State Average Single Family Tax Bill

                               Fiscal Year 2007                                    3,962
                               Fiscal Year 2008                                    4,110
                               Fiscal Year 2009                                    4,250

                              Shrewsbury 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                  83,859,440     16,517,384         126,909     52,382,347        200,160       153,086,240
  Expenditures              85,427,880     14,718,920         862,457     50,788,507         43,385       151,841,149
   Police                    4,193,118              0               0               0             0         4,193,118
   Fire                      2,746,953              0               0               0             0         2,746,953
   Education                45,580,677     10,181,114          49,993               0             0        55,811,784
   Public Works              5,256,478      3,253,723          16,617     37,436,612              0        45,963,430
   General Fund                                                                                             9,211,302
   Debt Service              9,211,302
   Health Ins                4,298,024                                                                      4,298,024
   Pension                   2,629,497                                                                      2,629,497
   All Other                11,511,831      1,284,083         795,847     13,351,895          43,385       26,987,041

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                     2,508.1         494.0               3.8        1,566.7            6.0           4,578.6
  Expenditures                 2,555.0         440.2             25.8         1,519.0            1.3           4,541.4

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