Marblehead Budget Analysis

Budget Components

Primary Services
Fire - Police - - Education - Health Inspection - Library - Cemetery
Category II Services
Selectmen - Finance - Assessors - Clerk & Elections - Reserve Fund
Building Commissioner & Public Buildings
Highway - Engineering - Council on Aging - Recreation & Park
Tree - Trash Collection & Waste Disposal
Fee Based Services
Water, Sewer & Drains - Light Department - Harbors & Waters
Town Benefits
Group and Property Insurance
Contributory Retirement


Actual Town Budgets
1979 to 2004*

"Amount to be raised,"as recorded
in the Finance Committee Reports each year.
Current year value is the value recommended
in the Finance Committee Report.
 
 Year  Total Budget % = or -
 FY1979  $20,201,286.99  
 FY1980 $21,079,943.55 4.35%
 FY1981  $22,427,692.70 6.39% 
 FY1982  $23,362,578.36 4.17%
 FY1983 $24,225617.84 3.69%
 FY1984 $25,036,161.50 3.35%
 FY1985  $27,280,204.69 8.96%
 FY1986 $29,957,798.27 9.82
 FY1987 $31,027,397.76 3.57%
 FY1988 $29,826,439.93 -3.87%
 FY1989 $31,866,293.17 6.84%
 FY1990 $32,628,900.10 2.39%
 FY1991 $34,181,053.00 4.76
FY1992 $32,874,325.28 -3.82%
 FY1993 $32,934,963.91  0.18%
 FY1994 $33,743,028.71 2.45%
 FY1995  $35,388,188.94 4.88%
 FY1996 $37,439,482.45  5.803%
 FY1997 $40,310,462.74  7.67%
 FY1998  $41,481,817.85  2.91%
 FY1999
 $44,154,132.00
  6.44%
FY2000  $45,322,895.76 2.65 
FY2001 $47,471,229.00 4.74 
FY2002 $51,944,589.03  9.42
FY2003 $52,025,600.53   .16
FY2004 53,782,954.33   3.38
  Average Change 4.05%

Note: $100 in 1979 dollars, in 2003 was $223.30,
according to the U.S. Department of Labor,
Bureau of Statistics.

How The "Amount To Be Raised"
Is Calculated:

FY 2004

General Government
1,743,636
Public Safety
5,493,867
Public Education
21,435,763
Public Works & Facilities
2,938,183
Human Services
371,433
Culture & Recreation
1,375,622
Debt Service
3,228,242
Miscellaneous
7,451,687
Enterprise
5,619,160
Special Articles
2,511,716
Bond Issue
Adjustments for Special Town Meeting
-964,404.67

Estimated state and county taxes and assessments, assessors' overlay, and all other amounts required by law to be raised
257,8010
 
53,782,954.33


History Of Property Tax Levy
1979 to 2004

 FY Levy  %
Increase 		Actual $$ Incr.
1979 13,429,028.91    
1980 13,479,914.01

.38

 50,885.10
1981 14,252,562.32 5.73 772,648.31
 1982 14,608,257.40 2.5 355,695.08
 1983 15,094,174.61 3.33 485,917.21
 1984 15,537,343.50 2.94 443,168.89
 1985 16,062,392.78 3.38 525,049.28
 1986 17,238,049.55 7.32 1,175,656.77
 1987 17,819,200.79 3.37 581,151.24
 1988 18,744,513.93 5.19 925,313.14
 1989 19,527,303.76 4.18 782,789.83
 1990 20,190,516.53 3.40 663,212.77
 1991 20,989,513.35 3.96 798,996.82
 1992 21,636,460.28 3.08 646,946.93
1993 22,241,649.90 2.80 605,189.62
 1994 23,012,843.49 3.47 771,193.59
 1995 23,797,104.88 3.41 784,261.39
1996 24,642,554.45 3.55  845,449.57
 1997  25,957,573.26 5.34 1,315,018.81
 1998 27,048,739.08  4.20 1,091,165.82
 1999 27,988,863.90 3.48 940,124.82
2000  29,156,130.02 4.17   1,167,266.12
2001  30,241,152.25 3.72  1,085,022.23 
2002 33,933,645.07  12.21 3,692,492.82 
2003 34,497,302.20  1.66  563,657.13 
2004  35,627,028.00 3.27  1,129,725.80 
  Average 4.00%  

NOTE: While people talk about 2.5 increases every year, this actually is just on the property tax portion of the revenue and impacts the total financial picture of the Town less than that: usually under 2.5%.

*All figures and numbers in this report are based on Town documents either directly created by the office of Town Accountant or from documents generated from documents created by that office. In the case of the next fiscal year, all numbers are based on estimated or projected figures. Numbers for the current FY are based on "Appropriated" amounts. Please remember, however, that there are thousands of Town documents and that many of these documents "evolve" throughout the year. Sometimes documents in circulation are out of date, but they are the only ones available. Ultimately, the best number available, based on the best information available, is selected.

2005 Projections
(as of 12/31/03)

-- Revenues --

Property Tax 34,432,526
Local State Aid 3,862.626
Local Receipts 4,053,407
Cash and Available Funds 124,155
Free Cash 2,027,245
MMLD Surplus

320,000
WSDH Surplus 341,060
Other sources

00..00
Total Estimated Revenues 45,161,019

-- Appropriations --

Annual Town Meeting 44,803,712
Special Town Meeting  
Court Judgments  
Cherry Sheet Offsets 492,637
Group Insurance 279,312
Snow Removal Deficit

150,000
State Charges 2,000,000
Overlay

250,000
Total Amount To Be Raised* 47,975,661
Out Of Balance 2,814,642
6.23%

* excluding capital and debt exclusions, and all enterprise funds