1 FY12 Plainville Tax Analysis A Guide to Where Your Tax $$$$ Go

2 FY12 Plainville Tax Analysis FY 12 Tax Rates (R – Residential) (C – Commercial) –Norfolk - $16.47 –Wrentham - $14.43 (R); $17.06 (C) –Mansfield - $ (R); $18.50 (C) –Walpole - $14.14 (R); $18.40 (C) –Bellingham - $14.05 (R); $16.08 (C) –Plainville - $13.99 –Foxboro - $13.73 (R); $14.83 (C) –Franklin $13.73 –Norton - $13.54 –Attleboro - $12.88 (R); $20.30 (C) –North Attleboro - $ (R); $12.70 (C) –Seekonk - $ (R); $24.47 (C) –Rehoboth - $10.97

3 FY12 Plainville Tax Analysis FY 12 Avg Single Family Home –Norfolk - $420,567 –Walpole - $405,924 –Wrentham - $379,422 –Foxboro - $376,827 –Mansfield - $361,386 –Franklin - $352,653 –Rehoboth - $352,511 –Plainville $329,519 –North Attleboro - $318,502 –Seekonk - $296,707 –Norton - $292,036 –Attleboro - $259,373 –Bellingham - $255,460

4 FY12 Plainville Tax Analysis FY 12 Avg Single Family Tax Bill –Norfolk - $6,927 –Walpole - $5,740 –Wrentham - $5,475 –Foxboro - $5,174 –Mansfield - $5,164 –Franklin - $4,842 –Plainville $4,610 –Norton - $3,954 –North Attleboro $3,895 –Rehoboth - $3,867 –Seekonk - $3,617 –Bellingham - $3,589 –Attleboro - $3,341

5 FY12 Plainville Tax Analysis Value Ratio (Valuation / Tax Bill) –Rehoboth – –Seekonk – (Dual Rate) –North Attleboro – –Attleboro – (Dual Rate) –Norton – –Foxboro – –Franklin – –Plainville – –Bellingham (Dual Rate) –Walpole – (Dual Rate) –Mansfield – (Dual Rate) –Wrentham – (Dual Rate) –Norfolk – 60.72

6 FY12 Plainville Tax Analysis

7 FY 12 Plainville Budget - $26,831,539 FY12 Tax Revenue - $15,829,309 FY12 Other Revenue - $11,

8 FY12 Plainville Tax Analysis 59.0% of the FY12 Plainville Budget is funded by Property Tax Receipts 41.0% of the FY12 Plainville Budget is funded by Other Receipts such as Motor Vehicle Excise Taxes, State Aid, Water, Sewer & Trash Receipts, Free Cash and Other Miscellaneous Receipts

9 FY12 Plainville Tax Analysis Other Receipts State Aid – $4,557,618 Water Revenue – $1,371,168 Motor Vehicle Excise – $942,000 Sewer Revenues – $748,370 Ambulance Receipts – $400,000 Free Cash - $720,674 Trash Receipts – $384,325 Chapter 90 (Highway) - $273,214

10 FY12 Plainville Tax Analysis Other Revenue Sources distributed based on: 1) Direct Basis – Chapter 70 to Schools, Water Receipts to Water Dept., etc. 2) Indirect Basis – Motor Vehicle Excise Taxes, Lottery Aid, etc. These revenue sources are allocated based on % of Total Department Expenses Health Insurance costs were allocated back to Departments based on the actual $$$$ incurred. Taken as a single entity, health insurance represents $474 or 10.3% of the $4,610 average Plainville tax bill.

11 FY12 Plainville Tax Analysis Functional Area DefinitionsFunctional Area Definitions Schools – Plainville, King Philip, Tri-County, Charter School Assessments, Debt Exclusions, Public Safety – Police, Fire, Ambulance, Dispatchers Public Works – Water, Sewer, Highway, Street Lights, Snow Removal Recreation & Culture – Library, Council On Aging, Parks, Historical Commission Fixed Expenses – Norfolk County Retirement, Town Insurance General Govt – Selectmen, Town Clerk, Treasurer, Board of Health, etc

12 FY12 Plainville Tax Analysis Tax % By Functional AreaTax % By Functional Area Schools – 62.9% Public Safety – 19.4% General Government – 6.7% Fixed Expenses – 4.2% Public Works – 5.1% Recreation & Culture – 1.7%

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23 FY12 Plainville Tax Analysis Further questions or a copy of the Presentation, Contact Rob Rose or The Presentation will be on the Plainville Town website soon