Annual Reports of the Town of Farmington, New Hampshire 2005
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To Enterprise Fund Sewer 283,107. Water 310,099. To Capital Reserve Fund 320,213. TOTAL VOTED APPROPRIATIONS $5^97,235. 71 DEPARTMENT OF REVENUE ADMINISTRATION Municipal Services Division 2005 Tax Rate Calculation TOWN/CITY: FARMINGTON Gross Appropriations 5,597,235 Less: Revenues 2,937,175 Less: Shared Revenues 38,308 Add: Overlay 101,680 War Service Credits 202,500 /o '/2I/05 Net Town-Appropriation 2,925,932 Special Adjustment | [Approved Town/City Tax Effort SCHOOL PORTION Net Local School B...udget (Gross Approp. - Revenue) 9,422,714 Regional School Apportionment Less: Equitable Education Grant (5,663,151) Less: Additional FY04 Targeted Aid (40,952) State Education Taxes (1,055,189) Approved School(s) Tax Effort 2,663,422 | 2,925,932 | TOWN RATE 6.50 LOCAL hoolr; 5.92 STATE EDUCATION TAXES Equalized Valuation(no utilities) x $2.84 371,545,349 | 1,055,189 Divide by Local Assessed Valuation (no utilities) 444,189,070 | Excess State Education Taxes to be Remitted to State Pay to State — ► STATE SCHOOL RATE 2.38 [Approved County Tax Effort COUNTY PORTION Due to County 901,155 Less: Shared Revenues (7,531) 893,624 [ COUNTY RATE 1.99 TOTAL RATE 16.79 Total Property Taxes Assessed 7,538,167 Less: War Service Credits (202,500) Add: Village District Commitment(s) Total Property Tax Commitment 7,335,667 PROOF OF RATE Net Assessed Valuation Tax Rate Assessment State Education Tax (no utilities) 444,189,070 2.38 1,055,189 All Other Taxes 449,756,900 14.41 6,482,978 7,538,167 TRC# 44 TRC# 44 72 WATER DEPARTMENT EXPE^fDITURES Balance J«n 1.2005 $ 16U68.73 Receipts 2005 Janitorial Supplies 109.01 Jan 05 Water Rents 60,192.00 Vehicles 1,274.80 April 05 Water Rents 54,998.98 Supplies 2,334.70 July 05 Water Rents 59,312.16 Sodium Hydroxide 9,614.90 October 05 Water Rents 68,804.76 Corrosion Control 2,038.90 Jan 04 Water Rents 4,253.50 Petroleum 1,793.14 April 04 Water Rents 5,482.40 Paving 878.64 July 04 Water Rents 7,746.03 Meter & Equipment 30.39 October 04 Water Rents 16,383.06 New Equipment 380.60 Finals 1,723.94 Meter Maintenance 7,263.49 Service Work 9,099.67 Mainline Maintenance 4,018.75 Connections 45,000.00 Materials 5,950.42 Water Rents Interest 4,122.72 Tools Misc.
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