| Tax Levy |
|
|
$8,425,343 |
$8,770,192 |
Based on corrected Prop 2.5% calculation |
74.50% |
| Prop 2.5% |
|
|
$210,634 |
$219,255 |
Adjusted for corrected 2.5% increase calculation |
100.00% |
| New Growth / Amended NG |
|
|
$134,215 |
$125,000 |
Projected at 90% due to no collections yet |
0.00% |
| Debt Exclusions (School Roof) |
|
|
$82,377 |
$82,377 |
Fixed debt amount for school roof |
0.00% |
| Subtotal |
$8,052,778 |
$8,425,343 |
$8,852,569 |
$9,196,823 |
Subtotal of Tax Levy items |
74.20% |
| Unrestricted General Government Aid |
$521,806 |
$530,155 |
$554,659 |
$579,659 |
H1 |
66.00% |
| Abatements to Veterans' and Blind |
$29,038 |
$24,861 |
$25,706 |
$26,477 |
H1 |
196.00% |
| State Owned Land |
$101,466 |
$115,957 |
$118,741 |
$122,303 |
H1 |
68.00% |
| Veterans' Benefits and Exemptions |
$6,428 |
$365 |
- |
- |
H1 |
|
| Offsets (Library) |
$9,936 |
$11,114 |
$12,765 |
$13,148 |
H1 |
57.00% |
| Subtotal |
$668,674 |
$682,452 |
$711,871 |
$741,587 |
Subtotal of State Aid |
71.00% |
| MotorVehicle |
$647,660 |
$716,352 |
$727,600 |
$763,980 |
Strong motor vehicle revenue in Q2 |
43.00% |
| Interest&Penalties (Property Tax) |
$20,500 |
$21,115 |
$21,115 |
$21,960 |
Stable projection based on past trends |
45.00% |
| Interest&Penalties (Excise Tax) |
$5,100 |
$5,200 |
$6,000 |
$6,000 |
Consistent revenue patterns |
61.00% |
| Watershed Division Trust PILOT |
$380,387 |
$391,799 |
$405,000 |
$417,150 |
PILOT adjusted for new assessment values |
100.00% |
| PILOT (Not from Cherry Sheet) |
$5,000 |
$10,000 |
$10,000 |
$10,000 |
Stable PILOT revenue pattern |
100.00% |
| Ambulance Revenue |
$150,000 |
$185,390 |
$165,000 |
$200,000 |
Increased due to strong Q2 reporting |
80.00% |
| Collector Receipts |
$31,000 |
$34,697 |
$35,000 |
$36,050 |
Slight increase based on trends |
35.00% |
| Treasurer Fees |
$100 |
$100 |
$100 |
$100 |
Consistent projection for Treasurer fees |
25.00% |
| Tax Liens Fees |
$13,000 |
$7,345 |
$14,000 |
$14,000 |
Level projection based on past patterns |
19.00% |
| Police Fees |
$10,000 |
$10,151 |
$10,250 |
$20,000 |
Increased due to policy change impacting LTC |
245.00% |
| Fire Fees |
$6,200 |
$4,945 |
$6,355 |
$6,545 |
Minor increase based on past collection trends |
54.00% |
| Highway Fees |
$1,500 |
$750 |
$1,538 |
$1,584 |
Minor increase in scheduled fees |
15.00% |
| Board of Health Fees |
$7,500 |
$12,324 |
$10,000 |
$12,000 |
Level projection based on consistent trends |
26.00% |
| Assessor Fees |
$125 |
$33 |
$128 |
$128 |
Stable Clerk revenue trend |
20.00% |
| Clerk Fees |
$4,200 |
$1,845 |
$4,305 |
$4,434 |
Adjusted for updated Clerk fee schedule |
20.00% |
| Alcoholic Beverage Licence |
$3,200 |
$3,365 |
$3,280 |
$4,000 |
Stable alcohol licensing revenue |
0.00% |
| Dog Licences |
$5,500 |
$7,790 |
$6,500 |
$6,500 |
Steady licensing demand in FY25 |
42.00% |
| Misc. Licenses |
$510 |
$150 |
$560 |
$560 |
Stable miscellaneous licensing fees |
606.00% |
| Building Permits |
$47,750 |
$27,253 |
$50,000 |
$45,000 |
Conservative estimate based on trends |
29.00% |
| Gas Permits |
$1,000 |
$1,377 |
$1,025 |
$1,056 |
Adjusted to align with updated fee projections |
0.00% |
| Wiring Permits |
$4,000 |
$7,344 |
$7,000 |
$7,000 |
Level projection for wiring permits |
55.00% |
| Plumbing Permits |
$1,000 |
$1,124 |
$1,025 |
$1,025 |
Stable projection for plumbing fees |
62.00% |
| RMV Court Fees |
$1,580 |
$1,775 |
$1,620 |
$1,620 |
Level projection based on RMV trends |
40.00% |
| Registry Fees |
$2,500 |
$1,235 |
$2,563 |
$2,640 |
Registry fee increase based on collection growth |
84.00% |
| Earnings on Investment |
$4,080 |
$18,000 |
$10,000 |
$25,000 |
Higher interest earnings based on market trends |
136.00% |
| Misc. Revenue |
$11,000 |
$7,229 |
$18,000 |
$54,000 |
Settlement revenue boosted by new agreements |
77.00% |
| Subtotal |
$1,364,392 |
$1,478,687 |
$1,517,964 |
$1,662,332 |
|
|
| Tax Revenue |
$8,052,778 |
$8,425,343 |
$8,852,569 |
$9,196,823 |
|
74.20% |
| State Aid |
$668,674 |
$682,452 |
$711,871 |
$741,587 |
|
71.00% |
| Local Receipts |
$1,364,392 |
$1,478,687 |
$1,517,964 |
$1,662,332 |
|
|
| ALL REVENUE |
$10,085,844 |
$10,586,482 |
$11,082,404 |
$11,600,742 |
Total Revenue for Hubbardston |
|