Home     Houses/Land     REALTOR     Buyer Agency     Evaluating a House     The Buying Process     Ownership Costs
Cape Cod Towns      Places To Stay      Places To Eat      Things To Do      Links
 
 

 

Financial Report for FALMOUTH

Socioeconomic
County BARNSTABLE
Kind of Community Growth Community
School Structure K to 12
Regional Schools •UPPER CAPE COD
Form of Government •Selectmen
•Town Administrator
•Representive Town Meeting
2000 Population 32,660
2001 Labor Force 16,579
1989 Per Capita Income 17,131
Population Per Square Mile 734
2001 Unemployment Rate 2.2
2000 EQV Per Capita 141,047
Moody's Bond Rating
(As of 4/5/01)
Aa2

FY2002 Cherry Sheet
Estimated State Aid
Education Aid 6,451,608
General Government 2,155,777
Total Receipts 8,607,385
Total Assessments 989,192
Net State Aid 7,618,193

FY2002 Tax Classification
Tax Classification Tax Rate Tax Levy Assessed Values
Residential 8.24 47,497,520 5,764,262,096
Open Space 8.24 10,205 1,238,500
Commercial 8.24 2,848,248 345,661,204
Industrial 8.24 276,506 33,556,500
Personal Property 8.24 830,849 100,831,141
Total   51,463,328 6,245,549,441

FY2002 Revenue Sources
Revenue Sources   Percent of Total
Tax Levy 51,463,328 64.3
State Aid 9,015,790 11.3
Local Receipts 13,142,012 16.4
Other Available 6,364,489 8.0
Total 79,985,619  

FY2002 Proposition 2 1/2 Levy Capacity
New Growth 1,266,246
Override
Debt Exclusion 3,076,445
Levy Limit 51,503,158
Excess Capacity 39,830
Ceiling 156,138,736
Override Capacity 107,712,023

Reserves
7/1/2001 Free Cash 7,093,633
FY02 Overlay Reserve 626,494
FY00 Stabilization Fund 601,683
Revaluation
Most Recent 0
Next Scheduled 0

FY02 Average Single Family Tax Bill
Number of Single Family Parcels 17,295
Assessed Value of Single Family 4,960,887,100
Average Single Family Tax Bill 2,364

FY00 Schedule A - Actual Revenues and Expenditures
  General Fund Special
Revenue
Capital
Projects
Enterprise
Fund
Trust
Revenue
Total
All Funds
Revenues 68,767,632 7,915,184 1,895,899 1,277,362 79,856,077
Expenditures 66,856,847 8,688,204 8,247,128 104,871 83,897,050
  Police 3,932,741 3,932,741
  Fire 3,885,802 3,885,802
  Education 31,132,539 4,241,750 3,539,431 38,913,720
  Public Works 7,048,082 722,507 1,104,860 8,875,449
  All Other 20,857,683 3,723,947 3,602,837 104,871 28,289,338

Rick Kingsley - Bureau Chief
Lisa Juszkiewicz - Data Bank Director
617-626-2386
email: databank@dor.state.ma.us

Questions about the data:
Dora Brown - 617-626-2360
Debbie Ferlito
Jared Curtis - 617-626-2320