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							Massachusetts Department of Revenue, Division of Local Services                        Page 1

                              At A Glance Report for Harvard

                                          Socioeconomic

    County                                                Worcester
    School Structure                                      K-12
    Form of Government                                    Town Administrator
                                                          Selectmen
                                                          Open Town Meeting
    2008 Population                                                                       6,006
    2010 Labor Force                                                                      2,884
    2010 Unemployment Rate                                                                   6.0
    1999 Per Capita Income                                                               40,867
    2008 Population Per Square Mile                                                      227.85
    2007 Housing Units Per Square Mile                                                    84.41
    2009 Road Miles                                                                       78.99
    EQV Per Capita (2008 EQV/2008 Population)                                           209,317
    Number of Registered Vehicles (January 2008)                                          6,656
    Average Age of Vehicles (January 2008)                                                 9.44
    2008 Number of Registered Voters                                                      4,093


                                            Certification

                         Most Recent                              2008
                         Next Scheduled                           2011


                                           Bond Ratings

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


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


                       Fiscal Year 2010 Estimated Cherry Sheet Aid

                         Education Aid                               2,188,113
                         General Government                          1,334,859
                         Total Receipts                              3,522,972
                         Total Assessments                             651,507
                         Net State Aid                               2,871,465



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

                              At A Glance Report for Harvard

                              Fiscal Year 2010 Tax Classification

          Tax Classification      Assessed Values          Tax Levy            Tax Rate
          Residential                1,086,713,988          15,572,611                14.33
          Open Space                             0                   0                  0.00
          Commercial                    34,767,212             498,214                14.33
          Industrial                     2,353,400              33,724                14.33
          Personal Property             15,160,912             217,256                14.33
          Total                      1,138,995,512          16,321,805


                           Fiscal Year 2010 Revenues by Source

                                                                    Percent
                          Revenue Source                            of Total
                          Tax Levy                     16,321,806      74.67
                          State Aid                     3,522,972      16.12
                          Local Receipts                1,772,492       8.11
                          Other Available                 241,702       1.11
                          Total                        21,858,972


                     Fiscal Year 2010 Proposition 2½ Levy Capacity

                     New Growth                               119,616
                     Override                                       0
                     Debt Exclusion                         1,180,266
                     Levy Limit                            16,328,382
                     Excess Capacity                            6,577
                     Ceiling                               28,474,888
                     Override Capacity                     13,326,772


                                     Other Available Funds

                   7/1/2009             FY2009                  FY2010
                  Free Cash        Stabilization Fund       Overlay Reserve
                        422,845              1,680,700                 78,186




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

                                  At A Glance Report for Harvard

                       Fiscal Year 2010 Average Single Family Tax Bill**

                        Number of Single Family Parcels                                   1,655
                        Assessed Value of Single Family                                 595,195
                        Average Single Family Tax Bill                                    8,529

                                 State Average Single Family Tax Bill

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

                                 Harvard 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                  20,471,950      4,302,661         397,148               0       219,681         25,391,440
  Expenditures              20,262,353      4,108,609         332,169               0        21,231         24,724,362
   Police                    1,047,567              0               0               0             0          1,047,567
   Fire                        222,154              0               0               0             0            222,154
   Education                11,294,704      3,483,982               0               0             0         14,778,686
   Public Works              1,480,865              0         332,169               0             0          1,813,034
   General Fund                                                                                              1,226,234
   Debt Service              1,226,234
   Health Ins                1,581,456                                                                       1,581,456
   Pension                     472,087                                                                         472,087
   All Other                 2,937,286        624,627                0              0         21,231         3,583,144

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                     3,408.6         716.4             66.1             0.0          36.6            4,227.7
  Expenditures                 3,373.7         684.1             55.3             0.0            3.5           4,116.6

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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