Financial Report for DENNIS

Socioeconomic
County	BARNSTABLE
Kind of Community	Resort Retirement Artistic
School Structure	Non-Operating
Regional Schools	•DENNIS YARMOUTH •CAPE COD
Form of Government	•Selectmen •Town Administrator •Open Town Meeting
2000 Population	15,973
2001 Labor Force	6,832
1989 Per Capita Income	15,436
Population Per Square Mile	773
2001 Unemployment Rate	3.0
2000 EQV Per Capita	162,309
Moody's Bond Rating (As of 4/5/01)	A1

FY2002 Cherry Sheet Estimated State Aid
Education Aid	45,295,040
General Government	837,558
Total Receipts	46,132,598
Total Assessments	557,822
Net State Aid	45,574,776

FY2002 Tax Classification
Tax Classification	Tax Rate	Tax Levy	Assessed Values
Residential	6.23	20,168,444	3,237,310,358
Open Space	6.23	3,935	631,600
Commercial	6.23	1,308,876	210,092,472
Industrial	6.23	89,544	14,373,100
Personal Property	6.23	572,477	91,890,310
Total		22,143,276	3,554,297,840

FY2002 Revenue Sources
Revenue Sources		Percent of Total
Tax Levy	22,143,276	60.3
State Aid	895,017	2.4
Local Receipts	7,616,400	20.8
Other Available	6,042,397	16.5
Total	36,697,090

FY2002 Proposition 2 1/2 Levy Capacity
New Growth	470,946
Override	106,000
Debt Exclusion	2,469,461
Levy Limit	22,163,160
Excess Capacity	19,884
Ceiling	88,857,446
Override Capacity	69,163,747

Reserves 7/1/2001 Free Cash 2,862,478 FY02 Overlay Reserve 275,453 FY00 Stabilization Fund 525,799

Revaluation Most Recent 0 Next Scheduled 0

FY02 Average Single Family Tax Bill
Number of Single Family Parcels	11,287
Assessed Value of Single Family	2,717,332,660
Average Single Family Tax Bill	1,500

FY00 Schedule A - Actual Revenues and Expenditures
	General Fund	Special Revenue	Capital Projects	Enterprise Fund	Trust Revenue	Total All Funds
Revenues	29,892,272	2,899,915	6,322		100,059	32,898,568
Expenditures	28,399,071	2,418,350	4,588,309		12,019	35,417,749
Police	2,317,218					2,317,218
Fire	2,331,488					2,331,488
Education	10,124,464	0				10,124,464
Public Works	2,643,682	1,249,096	1,352			3,894,130
All Other	10,982,219	1,169,254	4,586,957		12,019	16,750,449

 

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Rick Kingsley - Bureau Chief Lisa Juszkiewicz - Data Bank Director 617-626-2386 email: [email protected] Questions about the data: Dora Brown - 617-626-2360 Debbie Ferlito Jared Curtis - 617-626-2320