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BOARD OF ASSESSORS
BOARD OF ASSESSORS
To the Residents of East
Longmeadow:
The valuation of Real and
Personal Property for Fiscal Year 2007 is 1,707,703,906, an increase of
158,273,705 over the previous year.
The FY2007 tax rate approved
is 16.22. The FY2006 tax rate was 17.08.
During the past year, there
were 50 new dwellings. During the year, the following were processed through
our Office.
73 |
Clause 41C Elderly
exemptions |
24 |
Clause 37A Blind |
98 |
Veteran exemptions |
10 |
Clause 17D Exemptions |
413 |
Building Permits |
25 |
61A Agricultural Farm land |
864 |
Motor Vehicle Abatements |
3 |
Forest Land |
33 |
Real Estate & Personal
Property Abatements |
3 |
Recreational Land |
We wish to extend our thanks
to our staff for their efficient handling of this Office.
Cooperation and assistance
from the Town Accountant, Town Counsel and all Boards was appreciated.
Assessors Financial
Statement Follows:
J.William Johnston, Chairman
Kenneth D. Goddard
Christine M. Saulnier
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| SOURCES OF FUNDS |
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| Motor Vehicle and Trailer Excise |
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1,911,286.27 |
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| Other Excise |
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5,299.10 |
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| Penalties & Interest on Taxes & Excise |
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179,190.80 |
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| Payments in lieu of Taxes |
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61,268.04 |
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| Charges for Services - Water |
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1,870,448.12 |
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| Charges for Services - Sewer |
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1,770,694.94 |
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| Fees |
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39,693.28 |
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| Rentals |
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52,016.00 |
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| Departmental Revenue - Schools |
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0.00 |
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| Departmental Revenue - Libraries |
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0.00 |
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| Other Departmental Revenue |
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28,157.79 |
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| Licenses & Permits |
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217,500.57 |
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| Fines & Forfeits |
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18,439.57 |
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| Investment Income |
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274,910.17 |
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| Miscellaneous Recurring |
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186,289.78 |
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| Miscellaneous non-recurring |
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12,585.00 |
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| TOTAL RECEIPTS |
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6,627,779.43 |
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| LOCAL EXPENDITURES: |
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| I. Appropriations to Be Raised: |
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42,206,172.79 |
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| II. Other Amounts to be Raised: |
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| 1. Total Overlay Deficits of Prior Years |
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0.00 |
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| 2. Total Cherry Sheet Offsets |
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39,735.00 |
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| 3. Snow & Ice Deficit |
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128,469.68 |
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| 4. Other |
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1,813,681.00 |
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| Total II |
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1,981,885.68 |
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| III. State & County Cherry Sheet
Assessments: |
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298,861.00 |
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| IV. Allowance for Aatements & Exemptions: |
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268,884.46 |
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| TOTAL AMOUNTS TO BE RAISED: |
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44,755,803.93 |
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| ESTIMATED RECEIPTS & OTHER REVENUE
SOURCES: |
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| 1. Estimated Receipts - State: |
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| a. Cherry Sheet Estimated Receipts |
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6,615,545.00 |
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| b. Mass School Building AuthorityPayts |
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1,194,094.00 |
7,809,639.00 |
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| 2. Estimated Receipts - Local: |
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| a. Local receipts not Allocated |
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6,479,044.57 |
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| b. Offset Receipts |
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0.00 |
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| c. Enterprise Funds |
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0.00 |
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| d. Community preservation funds |
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175,108.00 |
6,654,152.57 |
| 3. Revenue Sources Appropriated for
Particular Purposes: |
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| a. Free Cash |
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1,100,000.00 |
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| b. Other Available Funds |
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1,493,055.00 |
2,593,055.00 |
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| TOTAL ESTIMATED RECEIPTS & OTHER
REVENUE SOURCES |
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17,056,846.57 |
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| ADDITIONAL SOURCES OF FUNDS: |
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COMMITTED |
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AMOUNT |
INTEREST |
TOTAL |
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| Sewer Use |
97,503.60 |
0.00 |
97,503.60 |
| Sewer Accounts' Receivable |
0.00 |
0.00 |
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| Apportioned Sewers |
44,394.26 |
19,020.52 |
63,414.78 |
| Water Rates |
90,998.12 |
25,035.00 |
116,033.12 |
| Sewer Stand-By |
312.50 |
0.00 |
312.50 |
| Water Sales & Service |
829.24 |
160.00 |
989.24 |
| Apportioned Water |
1,724.00 |
1,035.18 |
2,759.18 |
| TOTAL ADDITONAL SOURCES OF FUNDS |
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281,012.42 |
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