At A Glance Report for NORFOLK - (As of 4/16/02)
Socioeconomic
County NORFOLK
Kind of Community Residential Suburb
School Structure Local Elementary
Regional Schools •KING PHILIP
•TRI COUNTY
•NORFOLK COUNTY
Form of Government •Selectmen
•Town Administrator
•Open Town Meeting
2000 Population 10,460
2001 Labor Force 4,947
1989 Per Capita Income 19,044
Population Per Square Mile 693
2001 Unemployment Rate 2.6
2000 EQV Per Capita 72,588
Moody's Bond Rating
(As of 1/1/02)
A1


 

FY2002 Cherry Sheet
Estimated State Aid
Education Aid 3,674,906
General Government 1,206,141
Total Receipts 4,881,047
Total Assessments 299,866
Net State Aid 4,581,181


 

FY2002 Tax Classification
Tax Classification Tax Rate Tax Levy Assessed Values
Residential 14.32 12,368,789 863,742,215
Open Space 14.32 2,119 148,000
Commercial 14.32 367,760 25,681,585
Industrial 14.32 124,995 8,728,700
Personal Property 14.32 142,631 9,960,252
Total   13,006,294 908,260,752


 

FY2002 Revenue Sources
Revenue Sources   Percent of Total
Tax Levy 13,006,294 59.0
State Aid 4,832,702 21.9
Local Receipts 3,201,143 14.5
Other Available 989,562 4.5
Total 22,029,701  


 

FY2002 Proposition 2 1/2 Levy Capacity
New Growth 372,734
Override 300,000
Debt Exclusion 554,998
Levy Limit 13,010,075
Excess Capacity 3,781
Ceiling 22,706,519
Override Capacity 10,251,442


 

Reserves
7/1/2001 Free Cash 285,082
FY02 Overlay Reserve 79,874
FY00 Stabilization Fund 649,420
Revaluation
Most Recent 01
Next Scheduled 04


 

FY02 Average Single Family Tax Bill
Number of Single Family Parcels 2,743
Assessed Value of Single Family 811,718,900
Average Single Family Tax Bill 4,238


 

FY00 Schedule A - Actual Revenues and Expenditures
  General Fund Special
Revenue
Capital
Projects
Enterprise
Fund
Trust
Revenue
Total
All Funds
Revenues 17,586,362 1,410,913   677,184 424,025 20,098,484
Expenditures 17,951,163 1,213,333 1,137,553 585,282   20,887,331
  Police 1,139,623         1,139,623
  Fire 370,994         370,994
  Education 10,070,825 725,867 796,772     11,593,464
  Public Works 1,247,838 127,628   585,282   1,960,748
  All Other 5,121,883 359,838 340,781     5,822,502


 

 

 
   
   
   
   
   
   
 

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