MUNICIPAL FINANCE
At A Glance Report for NEW ASHFORD (06/27/97)
Massachusetts Department of Revenue - Division of Local Services
County: BERKSHIRE
Kind of Community: Resort Retirement Artistic
School Structure: Non-Operating
Regional School Districts: NONE
Form of Government: Selectmen
Open Town Meeting
1994 Population 175
1996 Labor Force 112
1989 Per Capita Income 13,374
Population Per Square Mile 13
1996 Average Unemployment Rate 3.6
1996 EQV Per Capita 107,359
Tax FY97 FY97 FY97
Classification Tax Rate Tax Levy Assessed Value
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Residential 7.68 83,380 10,856,800
Open Space 7.68 2,876 374,500
Commercial 12.78 93,758 7,336,300
Industrial 12.78 579 45,300
Personal Property 12.78 10,296 805,600
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Total 190,889 19,418,500
FY97 Revenue Sources % of Total
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Tax Levy 190,889 50.6
State Aid 53,409 14.2
Local Receipts 51,547 13.7
Other Available 81,586 21.6
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Total 377,431
FY97 Proposition 2 1/2 Levy Capacity
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New Growth 3,172
Override
Debt Exclusion 8,375
Levy Limit 191,269
Excess Capacity 380
Ceiling 485,463
Override Capacity 302,569
FY97 Cherry Sheet
Estimated State Aid
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Education Aid 19,016
General Government 34,393
Total Receipts 53,409
Total Assessments 2,211
Net State Aid 51,198
FY96 Schedule A - Actual Revenues and Expenditures
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General Special Capital
Fund Revenue Projects
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Revenues 278,172 36,481
Expenditures 275,579 36,419
Police 0
Fire 4,564
Education 192,232 0
Public Works 40,345 36,419
All Other 38,438 0
Enterprise Trust Total
Fund Revenue All Funds
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Revenues 729 315,382
Expenditures 73 312,071
Police 0
Fire 4,564
Education 192,232
Public Works 76,764
All Other 73 38,511
Reserves Revaluation
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7/1/96 Free Cash 77,578 Most Recent - FY97
FY97 Overlay Reserve 1,530 Next Scheduled - FY00
FY96 Stabilization Fund 22,193
FY97 Average Tax Bill
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Number of Single Family Parcels 54
Assessed Value of Single Family 5,461,300
Average Single Family Tax Bill 777
Commonwealth of Massachusetts, Department of Revenue
FY97 Estimated Receipts For NEW ASHFORD (As of 07/09/96)
A. EDUCATION:
Distributions and Reimbursements
1. Chapter 70 10,720
2. School Transportation Programs 8,296
3. School Construction
4. Retired Teachers' Pensions
5. Tuition of State Wards
Offset Items - Reserve For Direct Expenditures
6. Racial Equality
7. School Lunch
Subtotal, All Education Items 19,016
B. GENERAL GOVERNMENT:
Distributions and Reimbursements
1. Lottery, Beano and Charity Games 5,103
2. Additional Assistance 9,203
3. Highway Fund 6,222
4. Local Share of Racing Taxes
5. Regional Public Libraries
6. Police Career Incentive
7. Urban Renewal projects
8. Veteran's Benefits
9. Exemptions: Vets, Blind & Surv. Spouse
10. Exemptions: Elderly
11. State Owned Land 13,865
Offset Items - Reserve For Direct Expenditure:
12. Public Libraries
Subtotal, All General Government 34,393
C. TOTAL ESTIMATED RECEIPTS FISCAL 1997 53,409
Commonwealth of Massachusetts, Department of Revenue
FY97 Estimated Charges For NEW ASHFORD (As of 07/09/96)
Prior Year Prior Year
Estimates Underestimates Overestimates
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A. County Assessment, County Tax 2,156
B. STATE ASSESSMENTS AND CHARGES:
1. Supervision of Retirement
2. Motor Vehicle Excises
3. Retired Employees Hlth Ins.
4. Retired Teachers Health Ins.
5. Mosquito Control Projects
6. Air Pollution Districts 55
7. Metropolitan Area Planning
8. Old Colony Planning Council
9. RMV Non-Renewal Surcharge 300
Sub-Total, State Assessments 55 300
C. TRANSPORTATION AUTHORITIES:
1. MBTA
2. Boston Metro Transit
3. Regional Transit
Sub-Total, Transp. Assessments
D. ANNUAL CHARGES AGAINST RECEIPTS:
1. Multi-Year Repayments
2. Special Education
3. Energy Conservation
4. STRAP Repayments
Sub-Total, Charges
E. TOTAL EST. CHARGES, FY97 2,211 300
F. NET CHARGES, FY97 (Col. 1 + Col. 2 less Col. 3) 2,511
Commonwealth of Massachusetts, Department of Revenue
FY97 Estimated Receipts For NORTH ADAMS (As of 07/09/96)
A. EDUCATION:
Distributions and Reimbursements
1. Chapter 70 10,612,839
2. School Transportation Programs 170,181
3. School Construction 810,888
4. Retired Teachers' Pensions
5. Tuition of State Wards
Offset Items - Reserve For Direct Expenditures
6. Racial Equality
7. School Lunch 17,454
Subtotal, All Education Items 11,611,362
B. GENERAL GOVERNMENT:
Distributions and Reimbursements
1. Lottery, Beano and Charity Games 2,989,218
2. Additional Assistance 233,872
3. Highway Fund 152,669
4. Local Share of Racing Taxes
5. Regional Public Libraries
6. Police Career Incentive 15,469
7. Urban Renewal projects
8. Veteran's Benefits 32,857
9. Exemptions: Vets, Blind & Surv. Spouse 9,668
10. Exemptions: Elderly 91,606
11. State Owned Land 20,018
Offset Items - Reserve For Direct Expenditure:
12. Public Libraries 21,803
Subtotal, All General Government 3,567,180
C. TOTAL ESTIMATED RECEIPTS FISCAL 1997 15,178,542
Commonwealth of Massachusetts, Department of Revenue
FY97 Estimated Charges For NORTH ADAMS (As of 07/09/96)
Prior Year Prior Year
Estimates Underestimates Overestimates
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A. County Assessment, County Tax 51,736
B. STATE ASSESSMENTS AND CHARGES:
1. Supervision of Retirement 2,728
2. Motor Vehicle Excises
3. Retired Employees Hlth Ins.
4. Retired Teachers Health Ins. 339,946 9,117
5. Mosquito Control Projects
6. Air Pollution Districts 2,576
7. Metropolitan Area Planning
8. Old Colony Planning Council
9. RMV Non-Renewal Surcharge 28,220
Sub-Total, State Assessments 345,250 28,220 9,117
C. TRANSPORTATION AUTHORITIES:
1. MBTA
2. Boston Metro Transit
3. Regional Transit 43,273 2,427
Sub-Total, Transp. Assessments 43,273 2,427
D. ANNUAL CHARGES AGAINST RECEIPTS:
1. Multi-Year Repayments
2. Special Education 11,421 810
3. Energy Conservation
4. STRAP Repayments
Sub-Total, Charges 11,421 810
E. TOTAL EST. CHARGES, FY97 451,680 29,030 11,544
F. NET CHARGES, FY97 (Col. 1 + Col. 2 less Col. 3) 469,166
