Canton, Massachusetts · Saved source text
Rev Comm Mtg Results Feb 20 2015
Saved text from 8 source pages. Transcription and OCR may contain errors; verify figures and wording against the original. Retrieved 2026-10-15.
Source page 1
Jones, Ellen
ram: Murgia, James R.
Sent: Friday, February 20, 2015 4:54 PM
To: Butters, Kathy; Friel, William T.;"Grahaiino, Jeff (granatinoj@cantonma.org); Nectow,
Barry; Mark Porter (markportercfp@gmail.com); Zukauskas, Karen M.
Cc: Jones, Ellen; Gene Manning (gene.manning@marriott.com);
bsaintandre@petrinilaw.com; Walsh, Ed
Subject: Revenue Committee
Attachments: Revenue and Expenditure summaries,pdf
Thanks again for attending this morning's Revenue Forecasting Committee meeting. I've attached updated
spreadsheets showing the changes voted today. We increased Auto Excise Tax by $150k, Permits by $100k & reduced
the OPEB request by $100k.
The l't page attached allocates that $350k revenue increase to the school & municipal operating budgets. The
targeted school budget is $36,134,896 & the municipal budget is $18,067,677, which are 4.6% budget increases.
Once Governor Baker releases his state budget & Blue Hills Regional provides us with their budget request, we
can reconvene to see where we stand. Thanks.
1Source page 2
SUMMARY OF REVENL ; AND EXPENDITURES
FY 2012 FY 2013 FY 2014 FY 2015 FY 2015 FY 2016
ACTUAL ACTUAL I ACTUAL ' BUDGET ESTIMATE ESTIMATE
GENERAL FUND REVENUES:
PROPERTY TAX REVENUE 57,020,621 58,943,238 61,389,516 63,173,500 63,629,621 66,219,139
STATE AID 6,972,715 7,767,007 8,166,757 7,599,730 7,644,728 7,644,728
LOCAL RECEIPTS 5,702,014 6,594,642 6,932,273 5,834,907 5,831,096 5,390,405
TRANSFERS FROM OTHER FUNDS 2,404,929 2,664,482 3,004,822 i 2,270,348 2,488,960 2,346,425
TAX TITLE I FORECLOSURE REVENUE 371,909 219,963 782,539 0 128,005
TOTAL REVENUES 72,472,188 I 76,189,331 80,326,907 : 78,878,485 79,722,410 82,100,697
GENERAL FUND EXPENDITURES:
!
,
SCHOOL PRIOR YEAR BUDGET 33,320,505 33,320,505 34,548,305
-
SCHOOL STEPS & LANES 450,518 450,518 501,474
SCHOOL COLA'S 549,233 549,233 559,541
SCHOOL BUDGET ADJUSTMENT NEEDED TO BALANCE 1 228,049 228,049 ; 525,576
t
SCHOOL EXPENSES 30,390,978 ' 32,011,496 33,395,505 1 34,548,305 , 34,548,305 136,134,896
. _
MUNICIPAL PRIOR YEAR BUDGET . 16,674,371 16,674,371 117,274,371
MUNICIPAL-STEP/LONGEVITY INCREASES : 111,899 111,899 1 133,026
MUNICIPAL COLA'S : 226,206 226,206 , 237,104
MUNICIPAL BUDGET ADJUSTMENT NEEDED TO BALANCE 1 ' 261,895 261,895 1 423,176
MUNICIPAL EXPENSES 15,562,479 16,079,678 16,918,738 17,274,371 17,274,371
!
FIXED COSTS 23,055,030 1 23,857,242 1 24,674,243 ; 25,158,277 i 24,938,571 25,823,643
TOTAL OPERATING EXPENSES 69,008,487 ; 71,948,416 1 74,988,486 i 76,980,953 , 76,761,247 i 80,026,216
1 !
CASH CAPITAL EXPENDITURES 1,119,429 1 2,087,710 1 1,821,917 1 1,750,000 : 1,750,000_ 1,100,000
STATE-& COUNTY CHARGES I 874,821 959,538 i 959,868 1 948,532 1 950,713 974,481
TOTAL EXPENDITURES 71,692,737 I 75,515,665 78,325,271 79,679,485 79,461,960 82,100,697
1
OPERATING SURPLUS/(DEFICIT) - GENERAL FUND 779,452 -r- 673,666 2,000,636 (801,000) I 260,450 0
ATMDATA.xlsx summary 2/20/2015Source page 3
PROPERTY T REVENUE
FY 2012 FY 2013 - FY 2014 FY 2015 FY 2015 FY 2016
ACTUAL ACTUAL ACTUAL BUDGET ESTIMATE I ESTIMATE
GENERAL FUND REVENUE:
1
PRIOR YEAR LEVY LIMIT 54,455,996 56,499,590 tS8,g2,286 61,056,233 61,056,233 : 64,150,473
ADD 2.5% 1,361,400 ; 1,412,490 : 1,464,807 1,526,406 1,526,406 I 1,603,762
i
ADD REAL ESTATE NEW GROWTH 364,865 379,310 ' 450,088 250,000 800,518 250,000
_
ADD PERSONAL PROP NEW GROWTH (NSTAR, TELEPHONE) 317,329 300,896 , 549,052 150,000 767,316 150,000
ADD OVERRIDE 0 0 0 0 0
SUB-TOTAL LEVY LIMIT 56,499,590 58,592,286 , 61,056,233 62,982,638 64,150,473 66,154,235
_
ADD DEBT EXCLUSIONS (NET- OF REIMBURSEMENTS) 2,141,667 i 2,111,288 . 2,019,591 1,809,494 1,643,171 1,706,409
LESS UNUSED LEVY CAPACITY (566,772)1 (548,306); (610,696), (618,632) , (1,164,023) (641,505)
L---
TOTAL PROPERTY TAXES-CURRENT YEAR
_ 58,074,484 I 60,155,268 , 62,465,128 64,173,500 1 64,629,621 67,219,139
I
-LESS ABATEMENTS (512,825)1 (878,605): (805,173) - (1,000,000) (1,000,000)1 (1,000,000)-
,
LESS UNBILLED LEVY (60,575) I (8,440) ' (46,041) 0 0 -6--
SUB-TOTAL PROPERTY TAX REVENUE 57,501,084 59,268,973; 61,613,914 63,173,500 63,629,621 66,219,139
I
OVER/(UNDER) COLLECTIONS (480,463) (324,985) (224,398) I 0 0 0
TOTAL PROPERTY TAX REVENUE 57,020,621 I 58,943,238 ' 61,389,516 j 63,173,500 63,629,621 I 66,219,139
ATMDATA.xlsx property taxes 2/20/2015Source page 4
ADDITIONAL PROPERTY T A ES , _OM DEBT EXCLUSIONS - NET OF
REIMBURSEME
FY 2012 FY 2013 FY 2014 FY 2015 FY 2015 FY 2016
DESCRIPTION ACTUAL ACTUAL ACTUAL BUDGET ESTIMATE ESTIMATE
DRAPER PROPERTY *111,480 106,756 103,544 96,220 96,220 I 93,055
;WILLIAMS ESTATE 176,942 169,864 164,044 150,631 150,631 143,4152-
SCHOOL ADA 82,279 , 79,080 76,626 69,607 69,607 66,34
SCHOOL REPAIRS 142,979 137,420 133,149 1 120,941 120,941 115,239
SCHOOL TECHNOLOGY 0 0 0 0 0 0
1
!
LUCE SCHOOL 664,350 645,920 ; 624,150 1 605,110 605,110 585,39-0-
LIBRARY 446,888 437,513 : 443,710 ! 381,905 381,905 366,920
HIGH SCHOOL 1,558,500 1,527,250 : 1,-527,842 I 807,113 807,112 758,093
TOTAL DEBT SERVICE 3,183,417 3,103,803 ! 3,073,065 ; 2,231,526 2,231,526 2,128,441
LESS MSBA OFFSETS & OTHER ADJUSTMENTS: •'
!
LUCE SCHOOL MSBA REIMBURSEMENT ; (458,345) (422,032). (422,032); (422,032) (422,032)
; (422,032)
HIGH SCHOOL MSBA REIMBURSEMENT I (550,810) (539,765) (550,537)! 0 0 0
ADDITIONAL INTEREST PAID IN APRIL 2014 1 (52,289), 0 52,289
NET PREMIUM RECEIVED ON NOTES & BONDS ' (32,595) (30,718), (28,616); 0 (218,612) 0
TOTAL MSBA OFFSETS & OTHER ADJUSTMENTS i (1,041,750) (992,515) (1,053,474); (422,032), (588,355) (422,032)
NET DEBT SERVICE 2,141,667 2,111,288 2,019,591 ; 1,809,494 , 1,643,171 1,706,409
ATIVIDATA.xlsx debt exclusions
2/20/2015Source page 5
STATE AID 1..JMPARISON
FY2012 FY2013 FY-
2-014 FY2015
DESCRIPTION FY 2015 FY2016
ACTUAL ACTUAL ACTUAL i BUDGET ESTIMATE I ESTIMATE
CHAPTER 70
3,838,238 , 4,580,646 4,751,687 4,936,587 4,936,587 4,936,587
SCHOOL TRANSPORTATION
0 ,
CHARTER TUITION ASSESSMENT REIMBURSEMENT
5,102 54,945 36,456 16,129 8,930 8,930
SUB-TOTAL EDUCATION
3,843,340 4,635,591 4,788,143 4,952,716 4,945,517 4,945,517
UNRESTRICTED GENERAL GOVERNMENT AID 1,682,666 1,813,812 1,856,687 1,856,687 1,908,176 1,908,176 -
HIGHWAY FUND
0 0 0 0 I 0
POLICE CAREER INCENTIVE (QUINN)
0 0 0 0 0
t---
VE t ERANS' BENEFITS
100,759 106,829 129,968 150,409 150,409 150,409
STATE OWNED LAND (PAYMENTS IN LIEU OF TAXES)
149,899 149,947 152,912 37,195 37,903 37,903,
EXEMPTIONS FOR ELDERLY, VETS ETC. 152,623 64,758 232,205 , 146,418 146,418 146,418-
SUB-TOTAL GENERAL GOVERNMENT 2,085,947 , 2,135,346 2,371,772 2,190,70-9 I ,242,906 2,242,906
SUB-TOTAL STATE AID 5,929,287 1. 6,770,937 7,159,915 7,143,425 ; 7,188,423 7,188,423-
SCHOOL CONS I RUCTION (MSBA):
LUCE SCHOOL ,
458,345 : 477,032 422,032 1 422,032 '
HIGH SCHOOL ._ 422,032 422,032
550,810 ' 539,765 550,537 1- 0 ;
HANSEN SCHOOL ELEVATOR 0 0
18,328 18,328 18,328 ' 18,328
KENNEDY SCHOOL ELEVATOR 18,328 18,328
A 15,945 : 15,945 15,945 , 15,945 ,
TOTAL SCHOOL CONSTRUCTION AID 15,945 15,945-
I 1,043,428 I 996,070 1,006,842 I 456,305 ! 456,305 456,305
TOTAL STATE AID 6,972,715 7,767,007 8,166,757 7,599,730 7,644,728 7,644,728
ATMDATA.xlsx
state aid
2/20/2015Source page 6
LOCAL RECEIPTS
ORG FY 2012 FY 2013 FY 2014 FY 2015 FY 2015 FY 2016
DESCRIPTION L
# ACTUAL ACTUAL ACTUAL BUDGET ESTIMATE ESTIMATE
1
EXCISE TAXES (Motor Vehicle) ; 100151 3,165,287 3,473,978 3,714,753 3,100,000 3,100000 3,250,000
OTHER EXCISE (Hotel & Meals) L16 38,309 460,905 568,317 650,0001 644,096 650,000
PENALTIES & INTEREST 10017' 291,572 323,695 344,012 300,000' 300,000 300,000
PAYMENTS IN LIEU OF TAXES 10018; 219,205 224,3111 214,543 219,907' 222,0001 225,405
FEES ,
10032: 160,747 166,510: 177,668 150,000 150,000 150,000
1 1
RENTALS 10036., 198,375 201,454; 218,135 200,000' 200,000 200,000
OTHER DEPARTMENT REVENUE i 10037 58,673 58,575 • 96,811 60,000' 60,0001 60,000
,
ALCOHOLIC BEVERAGES LICENSES 110041 75,0751 74,0401 72,915 70,0001 70,000 70,000
i .
1
1
OTHER LICENSES ' 10042 ' 83,928 91,8491 94,133 80,000' 80,000 80,000
PERMITS 10045, ' 753,229 878,021 650,781 500,0001 500,000 600,000
I 4
OTHER FEDERAL REVENUE 10054 ' 71,103 0' 251,643 O. 0 -0-
1 , 1 ._(5._
OTHER STATE REVENUE j i 10068' 01 01 18,403 0 0
1,---f-
!
FINES & FORFEITURES • • 10077 99,500' 109,411 1 141,311 100,000; 100,0004
: 100,000
1
I ; i
INTEREST INCOME , 1 10082 : 96,495 82,772: 91,250 80,000: 80,000, 80,000
OTHER MISCELLANEOUS REVENUE ; 10084 ' . 38,701 ; 59,0181 44,6681 25,000. 25,000
1 25,000
1
REIMBURSEMENTS : 10085 351,814! 390,105; 282,925: 300,0007 300,000: 100,000-
i I
TOTAL LOCAL RECEIPTS 5,702,014 6,594,6421 6,982,273 5,834,907' 5,831,0961 5,890,4
ATMDATA.xlsx local receipts 2/20/2015Source page 7
TRANSFERS FROM OTHER FUNDS
FY 2012 FY 2013 I-
T FY 2014 FY 2015 L_ FY 2015 FY 2016
FUND # 1 DESCRIPTION ACTUAL ACTUAL ACTUAL BUDGET . ESTIMAtE ESTIMATE
101 1SCHOOL FOOD SERVICE 115,165 102,224 102,224 j 122,378 i 122,-3-78 120,770
111 _FSOLAR FACILITY 0
1 303,519 413,585 307,500 1 .307,500 315,188
115 'BOND PREMIUMS & ISSUANCE COSTS 100,506 143,525 , 171,821 0 ' 218,612 • 0
134 PEQUITSIDE FARM RENTALS -+
j 0 0 0 0 . 0 0
135 GREENLODGE STREET PARKING FEES 40,000 45,000 ; 35,000 35,000 : 35,000 35,000
143 [DEP HOME COMPOSTERS 32,197 0 : 0 0 0 0
146 i HELEN MARTIS BEQUEST 0 0: 0 0 , 0 0
158 STOUGHTON MITIGATION FUND 0 0 :
+--- 0 0 :. 0 0
170 AMBULANCE SERVICE - OPERATING 1 650,000 650,000 : 803,476 650,000 • 650,000 650,000
170 AMBULANCE SERVICE - CAPITAL NEEDS 203,160 108,960 ; 131,980 53,350 ' 53,350 107,325
170 :AMBULANCE SERVICE -TOTAL , 853,160 758,960 • 935,456 703,350 703,350 757,325
171 ANIMAL CONTROL FEES 0 30,000 ; 0 0 • 0 0
172 SALE OF LOTS/GRAVES 1 25,000 5,000 ' 10,000 10,000 10,000 10,000
173 .INSURANCE REIMBURSEMENT OVER $20,000 0 0; 0 0 0 0
174 WETLANDS PROTECTION 1 10,000 5,000 ;
T
5,000 0 • 0
175 SALE OF REAL ESTATE 23,378 22,809 12,677
-i- 0
176 'ADDITIONAL STATE AID 0 0 0 0 0 0
286 ;IMPROVE BAYBERRY 0 0 . 0
± 0 0 --ti
293 ! LIBRARY STATE AID I 0 0 0 0 0 0
600
_ SEWER ENTERPRISE FUND 373,811 388,281 i 394,399 376,369 : 376,369 384,876
640
700
WATER ENTERPRISE FUND
'RINK ENTERPRISE FUND :
716,685 744,799 I 756,170 620,022 ■ 620,022
_ 628,960
76,472 80,243 82,015 90,729 i 90,729 89,306
801 !STABILIZATION FUND , -
i 0 0: 75,000 0 ' 0 0
803
----- POST WAR REHAB 0 , 0 0 0 0 0
- 7-
302..... HALER CHARITY (EXPENDABLE)
- S (5-1-- 0 0
.
0 0 0
812 :CEMETERY PERPETUAL CARE (EXPENDABLE) 5,000 15,000 5,000 5,000 5,000 5,000
;MISCELLANEOUS FUNDS 3355
,5 ,
20122 t
-- 6,475 - 0 0, 0
1
TOTALS 2,404,929 2,664,482 i 3,004,822 2,270,348 , 2,488,9601 2,346,425
ATMDATA.xlsx transfers 2/20/2015Source page 8
FIXED COSTS AND STATE AND COUNTY CHARGES
FY 2012 FY 2013 FY 2014 FY 2015
DEPT DESCRIPTION _FY2015 FY 2016
ACTUAL ACTUAL ACTUAL BUDGET ' ESTIMATE REQUEST--
132 RESERVE FUND 0 0 500,000 ;. -.500,000 500,000
422 STREET LIGHTS 125,028 115,634 100,141 140,000i_ 140,000 140,000
423 SNOW & ICE 226,849 ' 644,641 839,895 414,500 ; -414,500 514,500
433 TRASH COLLECTION 1,371,307 1,453,522 1,484,613 1,552,000 i 1,552,000 1,762,000
,
INSIDE LEVY 2,804 501 3,052,193 2,966,683 2,649,049 2,611,238 2,862,692
OUTSIDE LEVY 3,183,417 3,103,803 3,073,065 2,231,526 2,231,526 2,128,441
TOTAL DEBT SERVICE 5,987 919 6,155,995 6,039,748 4,880,575 4,842,764 4,991,133
840 BLUE HILLS REGIONAL 1,337,865 1,173,074 1,059,042 1,098,642 1,098,642 1,153,574
841 NORFOLK COUNTY AGGIE 0 6,000 8,539 10,000 1 10,000 10,000
911 RETIREMENT EXPENSES 2,942,040 3,085,292
-
3,202,606 3,604,434 L 3,604,434 4,024,357
913 UNEMPLOYMENT 100,000 100,000
,
150,000 150,000 150,000 150,000
4
914 HEALTH INSURANCE 10,146,298 10,018,636 10,473,152 11,261,785 11,079,891 10-,932,738
915 LIFE INSURANCE 57,233 57,696 58,289 60,000 60,000 60,000
TOTAL HEALTH & LIFE INSURANCE 10,203,531 10,076,332 10.531,441 11,321,785 11,139,891 10,992,738
946 TOWN INSURANCE 760,491 846,675 910,457 935,341 . 935,341 935,341_
993 OPEB TRUST FUND 0' 50,000 400,000 551,000 551,000 650,000
990 OTHER TRANSFERS 0 150,078 0 0 0 0
TOTAL FIXED COSTS 23,055,030 23,857,242 24,726,532 25,158,277 , 24,938,571 25,823,643
820 STATE ASSESSMENTS 683,717 , 763,657 765,462 749,266 751,447 770,233--
830 NORFOLK COUNTY TAX 191,104 ; 195,881 j 194,406 199,266 199,266 204,248-
i
1TOTAL STATE & COUNTY 874,821 959,538 959,868 948,532 . 950,713 974,481
ATMDATA.xlsx
-fixed costs
2/20/2015