BUDGET - 2017

USER FRIENDLY BUDGET SECTION - PROPERTY TAX BREAKDOWN

2016 Calendar Year Property Tax Levies - ALL entities levying property taxes

Current Year 2017 Budget

Calendar Year

Calendar Year

% of

Avg Residential

Taxes

Actual/Estimated

Tax Levy

Tax Rate

Tax Levy

Total Levy Taxpayer Impact

Municipal Purpose Tax

0.682 0.034 0.000 0.000 0.000 1.647 0.668 0.327 0.000 0.000 0.032 0.000

$787,239.00

20.12% 1.00% 0.00% 0.00% 0.00% 48.59% 19.69% 9.66% 0.00% 0.00% 0.94% 0.00%

$1,597.50 Municipal Purpose Tax

ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL

$801,946.00

Municipal Library

$39,143.00

$79.64 Municipal Library

$38,822.00

Municipal Open Space

$0.00 $0.00 $0.00

$0.00 Municipal Open Space

$0.00 $0.00 $0.00

Fire Districts (avg. rate/total levies) Other Special Districts (total levies)

$0.00 Fire Districts (total levies)

$0.00 Other Special Districts (total levies)

Local School District

$1,901,163.00 $770,431.00 $378,172.98

$3,857.90 Local School District

$1,939,200.00 $785,850.00 $386,514.00

Regional School District

$1,564.71 Regional School District

County Purposes

$765.96 County Purposes

County Library

$0.00 $0.00

$0.00 County Library

$0.00 $0.00

County Board of Health

$0.00 County Board of Health

County Open Space

$36,821.29

$74.96 County Open Space

ESTIMATED

$36,821.00

Other County Levies (total)

$0.00

$0.00 Other County Levies (total)

ACTUAL

$0.00

Total (Calendar Year 2016 Budget)

3.390

$3,912,970.27

100.00% $7,940.67 Total ESTIMATED amount to be raised by taxes

$3,989,153.00

Total Taxable Valuation as of

October 1, 2016

$115,442,277.00

Revenue Anticipated, Excluding Tax Levy

578,382.00

(To be used to calculate the current year tax rate)

Budget Appropriations, before Reserve for Uncollected Taxes

1,299,475.00 $3,148,385.00

Current Year Average Residential Assessment

$234,238.00

Total Non-Municipal Tax Levy

Amount to be Raised by Taxes - Before RUT Reserve for Uncollected Taxes (RUT) Total Amount to be Raised by Taxes

$3,869,478.00

Prior Year to Current Year Comparison

$85,021.74

$3,954,499.74

Comparison - Municipal Purposes Tax Rate Prior Year Current Year

% Change (+/-)

% of Tax Collections used to Calculate RUT

97.85%

0.682

0.696

2.10%

If % used exceeds the actual collection % then

reference the statutory exception used

Comparison - Municipal Purposes Tax Levy

Prior Year

Current Year

% Change (+/-)

$ Change (+/-)

$787,239.00

$801,946.00

1.87% $14,707.00

Tax Collections - ACTUAL as of Prior Year Total Tax Revenue, Collections CY 2016

3,829,344.99 3,913,493.19

Comparison - Impact on Avg. Residential Tax Payment (Municipal Purposes Only) Total Tax Levy, CY 2016

Prior Year

Current Year

% Change (+/-)

$ Change (+/-)

% of Taxes Collected, CY 2016

97.85%

$1,597.50

$1,631.00

2.10%

$33.50

Delinquent Taxes - December 31, 2016

$84,506.56

Sheet UFB-1

Made with