1. 1 FY15 Plainville Tax Analysis A Guide to Where Your Tax $$$$ Go

2. 2 FY15 Plainville Tax Analysis FY 15 Tax Rates (R – Residential) (C – Commercial) –Norfolk - $17.66 –Walpole - $15.70 (R); $20.93 (C) –Mansfield - $ 15.50 (R); $20.75 (C) –Plainville - $15.42 (R); $16.50 (C) –Norton $15.39 –Foxboro - $15.19 (R); $17.52 (C) –Wrentham - $14.98 (R); $18.76 (C) –Franklin $14.84 –Attleboro - $14.71 (R); $21.31(C) –Bellingham - $14.25 (R); $20.47 (C) –Seekonk - $13.23 (R); $26.97 (C) –North Attleboro - $ 13.14 –Rehoboth - $12.31

3. 3 FY15 Plainville Tax Analysis FY 15 Tax Rates (C – Commercial) –Seekonk $26.97 (C) –Attleboro - $21.31 (C) –Walpole - $20.93 (C) –Mansfield - $20.75 (C) –Bellingham - $20.47 (C) –Wrentham - $18.76 (C) –Norfolk - $17.66 (Single Rate) –Foxboro - $17.52 (C) –Plainville $16.50 (C) –Norton - $15.39 (Single Rate) –Franklin - $14.84 (Single Rate) –North Attleboro - $ 13.14 (Single Rate) –Rehoboth - $12.31 (Single Rate)

4. 4 FY15 Plainville Tax Analysis FY 15 Avg Single Family Home –Norfolk - $430,517 –Walpole - $426,329 –Wrentham - $390,162 –Franklin - $381,223 –Foxboro - $379,754 –Mansfield - $375,254 –Rehoboth - $339,932 –North Attleboro $336,053 –Plainville - $318,353 –Norton - $297,798 –Seekonk - $296,259 –Bellingham - $264,700 –Attleboro - $253,671

5. 5 FY15 Plainville Tax Analysis FY 15 Avg Single Family Tax Bill –Norfolk - $7,603 –Walpole - $6,693 –Wrentham - $5,845 –Mansfield - $5,816 –Foxboro - $5,768 –Franklin - $5,657 –Plainville $4,909 –Norton - $4,389 –North Attleboro $4,416 –Rehoboth - $4,185 –Seekonk - $3,920 –Bellingham - $3,772 –Attleboro - $3,732

6. 6 FY15 Plainville Tax Analysis Value Ratio (Valuation / Tax Bill) –Rehoboth – 81.23 –North Attleboro – 76.10 –Seekonk – 75.58 (Dual Rate) –Bellingham – 70.17 (Dual Rate) –Attleboro – 67.97 (Dual Rate) –Norton – 67.85 –Franklin – 67.39 –Wrentham – 66.75 (Dual Rate) –Foxboro – 65.84 (Dual Rate) –Plainville – 64.85 (Dual Rate) –Mansfield – 64.52 (Dual Rate) –Walpole – 63.70 (Dual Rate) –Norfolk – 56.62

7. 7 FY15 Plainville Tax Analysis

8. 8 FY15 Plainville Budget - $29,999,243 FY15 Tax Revenue - $18,488,707 FY15 Other Revenue - $11,510,536

9. 9 FY15 Plainville Tax Analysis 61.6% of the FY15 Plainville Budget is funded by Property Tax Receipts 38.4% of the FY15 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

10. FY 15 Plainville Tax Analysis FY10 – 59.2% Property Tax FY11 – 61.0% Property Tax FY12 – 59.0% Property Tax FY13 – 59.0% Property Tax FY14 – 60.9% Property Tax FY15 – 61.6% Property Tax 10

11. 11 FY15 Plainville Tax Analysis Other Receipts State Aid – $4,332,166 Water Revenue – $1,211,900 Motor Vehicle Excise – $1,050,000 Sewer Revenues – $795,050 Ambulance Receipts – $560,000 Free Cash - $1,287,526 Trash Receipts – $385,975 Chapter 90 (Highway) - $272,257

12. 12 FY15 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 $521 or 10.6% of the $4,909 average Plainville tax bill.

13. 13 FY15 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

14. 14 FY15 Plainville Tax Analysis Tax % By Functional AreaTax % By Functional Area Schools – 60.1% Public Safety – 20.2% General Government – 6.1% Fixed Expenses – 4.8% Public Works – 6.9% Recreation & Culture – 1.9%

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26. 26 FY15 Plainville Tax Analysis Further questions or a copy of the Presentation, Contact Rob Rose 774-266-0746 Lsxplrer@comcast.netLsxplrer@comcast.net or Lsxplrer@gmail.com The Presentation will be on the Plainville Town website soon