2006 Annual Report - Timberlane Regional School District

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2006 Timberlane Regional School District Annual ReportTAX ASSESSMENTDetermination of Tax Assessment necessary to meet the March 2006 appropriation for theTimberlane Regional School District. This appropriation is calculated by assessing each town forthe operating costs based on their Average Daily Membership (ADM) and for capital costs basedon equalized valuation of each town.I. REFERENCE DATAA. Proration Factors Based Upon 2004 Equalized ValuationTown Valuation PercentAtkinson $936,081,626 32.54%Danville 375,059,531 13.04%Plaistow 1,041,302,789 36.20%Sandown 523,889,130 18.21%Totals $2,876,333,076 100.00%B. Proration Factors Based Upon 2004-2005 ADM In ResidenceTown Membership PercentAtkinson 1109.1 24.13%Danville 903.2 19.65%Plaistow 1384.9 30.13%Sandown 1198.8 26.08%Totals 4596.0 100.00%TAX ASSESSMENT PERCENT BY TOWNOperating AssessmentCapital Assessment32
2006 Timberlane Regional School District Annual ReportII. APPORTIONMENT OF APPROPRIATION FOR 2006-2007Total Appropriation Voted $54,061,084A. Total Operating Expenditures $50,216,723Less:1. Federal Aida. Federal Projects $1,350,000b. Medicaid 200,0002. State Aid and Revenuea. Driver Education 25,000b. Catastrophic Aid 600,000c. Vocational Education Refunds 8,0003. Local Revenuea. Tuition 110,000b. Other Income 287,840c. Food Service 1,120,0004. Unencumbered Balance (that portion 450,191not to be credited to Capital Costs)Income & Surplus to offset operating expenses $4,151,031Tax Assessment Required - Operating Expenditures $46,065,692B. Resulting Assessments Required from Tax Sources, Apportioned on A.D.M.Town Percent AssessmentAtkinson 24.13% $11,116,504Danville 19.65% $9,052,770Plaistow 30.13% $13,880,850Sandown 26.08% $12,015,568Totals 100.00% $46,065,692C. Total Capital Expenses $3,844,361Less: Unencumbered Balance-Capital 0Less: Building Aid 1,012,524Less: Transfer from Capital Projects 0Less: Voted from Capital Reserve 0Less: Interest 0Tax Assessment Required for Capital Expenditures $2,831,837D. Resulting Assessments for Capital Outlay, Apportioned on Equalized ValuationsTown Percent AssessmentAtkinson 32.54% $921,602Danville 13.04% $369,257Plaistow 36.20% $1,025,193Sandown 18.21% $515,785Totals 100.00% $2,831,83733
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2006 Annual Report - Timberlane Regional School District

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