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Massachusetts Department of Revenue, Division of Local Services Page 1
At A Glance Report for Chester
Socioeconomic
County Hampden
School Structure
Form of Government Selectmen
Open Town Meeting
2008 Population 1,287
2010 Labor Force 713
2010 Unemployment Rate 10.0
1999 Per Capita Income 18,098
2008 Population Per Square Mile 35.04
2007 Housing Units Per Square Mile 15.79
2009 Road Miles 65.64
EQV Per Capita (2008 EQV/2008 Population) 97,518
Number of Registered Vehicles (January 2008) 1,625
Average Age of Vehicles (January 2008) 12.47
2008 Number of Registered Voters 970
Certification
Most Recent 2009
Next Scheduled 2012
Bond Ratings
Moody’s Bond Rating as of December 2009*
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 130,782
General Government 207,987
Total Receipts 338,769
Total Assessments 2,700
Net State Aid 336,069
Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services Page 2
At A Glance Report for Chester
Fiscal Year 2010 Tax Classification
Tax Classification Assessed Values Tax Levy Tax Rate
Residential 118,633,574 1,985,926 16.74
Open Space 0 0 0.00
Commercial 4,830,998 80,871 16.74
Industrial 571,400 9,565 16.74
Personal Property 3,498,290 58,561 16.74
Total 127,534,262 2,134,923
Fiscal Year 2010 Revenues by Source
Percent
Revenue Source of Total
Tax Levy 2,134,924 67.37
State Aid 338,769 10.69
Local Receipts 271,118 8.56
Other Available 424,266 13.39
Total 3,169,077
Fiscal Year 2010 Proposition 2½ Levy Capacity
New Growth 24,268
Override 0
Debt Exclusion 131,828
Levy Limit 2,138,025
Excess Capacity 3,102
Ceiling 3,188,357
Override Capacity 1,211,639
Other Available Funds
7/1/2009 FY2008 FY2010
Free Cash Stabilization Fund Overlay Reserve
194,856 240,719 36,241
Last Page Update 06/10/2010
Massachusetts Department of Revenue, Division of Local Services Page 3
At A Glance Report for Chester
Fiscal Year 2010 Average Single Family Tax Bill**
Number of Single Family Parcels 489
Assessed Value of Single Family 176,269
Average Single Family Tax Bill 2,951
State Average Single Family Tax Bill
Fiscal Year 2007 3,962
Fiscal Year 2008 4,110
Fiscal Year 2009 4,250
Chester 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 2008 Schedule A – Actual Revenues and Expenditures
General Fund Special Capital Enterprise Trust Total All
Revenue Projects Funds Revenue Funds
Revenues 2,617,360 1,711,193 0 802,794 10,846 5,142,193
Expenditures 2,884,085 1,707,637 0 794,659 0 5,386,381
Police 50,230 0 0 0 0 50,230
Fire 120,618 0 0 0 0 120,618
Education 1,681,713 0 0 0 0 1,681,713
Public Works 449,638 353,565 0 794,659 0 1,597,862
General Fund 115,402
Debt Service 115,402
Health Ins 50,084 50,084
Pension 47,223 47,223
All Other 369,177 1,354,072 0 0 0 1,723,249
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 2,033.7 1,329.6 0.0 623.8 8.4 3,995.5
Expenditures 2,240.9 1,326.8 0.0 617.5 0.0 4,185.2
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
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