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East Kingston (N.H.).

Annual reports of the Town of East Kingston, New Hampshire (Volume 2004) online

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LAND






Total Taxable Land 5,781.242 acres




$93,223,054


BUILDINGS






Residential




131,691,800


Manufactured Housing




2,451,900


Commercial




2,950,100


Total Taxable Buildings




$144,093,800


PUBLIC UTlLrriES






Gas




749,700


Electric




2,757,700


Pipeline




13,931,600


Total Public Utilities




$17,439,000


Total Valuation Before Exemptions




$254,755,854


LESS EXEMPTIONS






Blind (2)




15,000


Elderly (2)




181,100


Disabled Veteran




181.100


Total Less Exemptions




$211,500


Total Net Valuation




$254,544,354


NET VALUATION ON WHICH TAX RATE IS COMPUTED


County, Town & Local Education


$254,544,354




LOCAL TAX RATE COMPUTAHON




$4,151,618 (Property Taxes to be raised) -:


■r $254,544,354= .01631


$16.31






STATE TAX RATE COMPUTAHON




(Net valuation) $254,544,354 less public utilities $17,439,000


=


$237,105,354 of which the state tax rate is computed.




$4.92 per $1,000 equalized = 2.54




Net Assessed Valuation




State Education Tax $237,105,354


$2.54


$602,248


All aher Taxes $254,544,354


$16.31


HI 51.618




$18.85


$4,753,866



66



2004 East Kinqstan Town Report - Tax Rate Breakdown



TAX RATE BREAKDOWN



YEAR


COUNTY


TOWN


SCHOOL


TOTAL TAX
RATE


EQUALIZED
VALUE


2004


0.93


3.42


14.50


$18.85


100%


2003


0.87


2.45


13.68


$17.00


100%


2002


2.11


3.02


28.67


$33.80


51%


2001


2.13


5.32


26.35


$33.80


55%


2000


1.45


5.33


25.37


$32.15


62%


1999


1.25


5.33


22.87


$29.45


78%


1998


1.35


3.79


26.76


$31.90


78%


1997


1.51


5.36


23.79


$30.66


86%


1996


1.50


5.37


20.80


$27.67


85%


1995


1.38


4.50


21.54


$27.42


88%


1994


1.28


5.57


20.57


$27.42


94%


1993


1.25


4.21


20.96


$26.42


97%



The tax rate is based on the total amount due to cover county, town and school
operating costs. The county portion is derived from the percentage the town is
liable for of the 37 Rockingham County towns that support the county nursing
home, jail, sheriffs department, etc. The town portion is derived from the
operating budget and warrant articles approved at Town Meeting each year, which
includes the support of the police, fire, and highway departments, etc. The school
portion covers the support of grade levels K-12.

Annually the Department of Revenue Administration (DRA) if charged with
equalizing the valuation of property in towns throughout the State. A sales report is
submitted by the Town's Assessing Officer (Selectmen) and submitted to DRA. The
report reflects detailed information regarding each sale or purchase of property in
town based on a twelve-month period, October - October. Then, DRA determines
the average level of assessment for lands and buildings as of April 1st of each year.
The property assessment is then equalized by taking the Town's value and dividing
it by the current equalized percentage to arrive at today's fair market value.
The 2004 equalized value will be set by DRA and made available to the town after
April 2005.



67



2004 East Kingstpn Town Report - Schedule of Town Property

SCHEDULE OF TOWN PROPERTY



MBL#


PROPERTY


ITEMS


09-02-07


3 Depot Road, Railroad Depot


lyB, 0.2 acres


09-06-(M


Town Offices


L/B, 2.40 acres


09-07-03


Town Hall/Police/EOC


L/B, 1.49 acres


09-05-01


Public Library


L/B, 0.50 aaes


14-04-06


Elementary School


L/B, 7.97 acres


14-04-07


Cole House


L/B, 1.00 acres


09-08-13


Foss-Wasson Field


5.20 acres


06-01-36


Recreation Land


5.00 acres


07-03-60


Conservation Land


31.07 acres


09-08-23


Parsonage Land


11.345 acres


09-08-21


Hillside Cemetery


5.444 acres


09-08-02


Olde Cemetery


0.87 acres


14-04-03


Union Cemetery


1.54 acres


16-02-12


Giles Road Bridge


0.00 acres


02-04-05


Bm Railroad Land


3.47 acres


02-06-13


B8iM Railroad Land


1.30 acres


08-04-06


B8iM Railroad Land


3.00 acres


09-03-11


B&M Railroad Crossing


0.01 acres


07-03-14


Corbett Land


10.00 acres


11-03-05


Berry Land


2.60 acres


02-07-05


Janvrin Land


1.50 acres


11-02-04


Welch Land


11.80 aaes


02-04-04


Christ Church Land


9.20 acres


03-01-06


Frascone Land


0.003 aaes


07-03-64


Levi Bartlett Land


1.00 acres


11-02-12


Clement Lane Land


4.30 acres


10-05-07


Kennard Land


1.00 acres


10-05-08


Kennard Land


2.50 acres


03-02-06


Daniel West Land


2.80 acres


02-01-20


McGaffigan Land


0.17 acres


06-01-43


Giles Road Rear 6 Blue Heron Ct.


43.90 acres


02-01-34


26 Rowell Road


0.96 acres


02-01-37


2 Cove Road


1.25 aaes


17-02-14


28 Joslin Road


1.5 aaes


Total Acreage owned by Town


176.29 acres



VALUE ($)

159,700

454,300

435,700

145,800

1,457,800

148,500

102,000

114,500

42,400

97,300

157,700

74,500

91,700

72,000

84,500

77,300

83,000

1,500

15,000

28,400

85,500

108,900

282,000



1,500

60,300

57,500

59,600

5,600

28,000

76,400

87,800

103,100

3,000

$4,847,000



68



2004 East Kingston Town Report -Trustees of the Trust Funds







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2004 East Kingston Town Report - Capital Improvement Plan

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73



2004 East Kingston Town Report - Recommended Capital Expenditures FY 2005 Budget



RECOMMENDED CAPITAL EXPENDITURES
For FY 2005 Budget

Project by Tax Impact 2005 Property Recommended

Department of Project Tax Revenue Budget

Required



Notes



FIRE/RESCUE DEPARTMENT & EMERGENCY MANAGEMENT



Paint Engine #2 15,000

Replace Emergency Vehicles 60,000

Replace base radio system 10,000

Replace fire cisterns 65,000

POLICE DEPARTMENT

Land acquisition 300,000

Police Station 2,074,992

HIGHWAY DEPARTMENT

Overlay Willow Road 42,000

Overlay Giles Road 40,000

Overlay Pine Woods 30,000

Overlay Eaton Woods 20,000

Overlay Forest Drive 40,000

Land acquisition 175,000

Salt/sand shed 90,000

CEMETERY TRUSTEES

Develop Parsonage land 30,000

CONSERVATION COMMISSION

Aerial Photo of Town 30,000

LIBRARY TRUSTEES

New library building 2,025,300

Library equipment & fixtures 60,000

TOWN CLERK/TAX COLLEQOR

Town records preservation 150,000

HISTORICAL COMMITTEE

Restore RR Depot 70,125



15,000
60,000
10,000
10,000

26,100
103,750

42,000



15,000

60,000 Fire Apparatus CRF

10,000

10,000 New Fire equipment NCRF

26,100 Mew CRF/municipal bond
103,750 Bond for $1.19M principal

42,000



10,000


10,000 New CRF


10,000


10,000 New CRF


5,000


5,000 New Cemetery Ops NCRF


10,000


10,000 New CRF


101,300


101,300 Bond for $1.2M principal


10,000


10,000 Library Reserve CRF


150,000


150,000


70,125


2,000 New CRF or BIdg Pres CRF



74



2004 East Kingston Town Report - Recommended Capital Expenditures FY 2005 Budget

RECOMMENDED CAPITAL EXPENDITURES
For FY 2005 Budget



Project by


Tax Impact 2005 Property


Recommended Notes


Department


of Project Tax Revenue
Required


Budget


RECREAHON COMMIHEE




Foss-Wasson Field




No Plans presently


Improvements


20,000 20,000


formulated


TOTAL MUNICIPAL






CAPITAL PROJECTS:


5,347,417 653,275


565,150


Projected Tax Rate Impact of Municipal Capital Projects:


$2.16


ELEMENTARY SCHOOL






Classroom addition


2,723,000 136,150


136,150 Debt sen/ice


Building drainage project


872,000 43,600


43,600 Bond for $500,000
principal


2nd floor addition


986,900


Anticipated for
2009


EXETER REGION COOPERATIVE SCHOOL DISTRICT




Growth capital projects


1,403,531 184,124


184,124 Debt service &
capital reserve


Non-growth capital


1,021,790 156,062


156,062 Debt service &


projects




capital reserve


TOTAL SCHOOL






CAPITAL PROJECTS:


7,007,221 519,936


519,936


Projected Tax Rate Impact of School District Capital Projects:


$1.99


TOTAL CAPITAL






PROJEaS:


12,354,638 1,173,211


1,085,086


Projected Tax Rate Impact for All Capital Projects:


$4.14



75



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78



NOTES



NOTES



TOWN OF
EAST KINGSTON



BUDGET

AND
WARRANT

FOR THE YEAR

2005



Insert 1



2005 Warrant Articles



BUDGET OF THE

TOWN OF EAST KINGSTON

(MS-6)




APPROPRIATIONS AND ESTIMATES OF REVENUE FOR THE ENSUING
YEAR JANUARY 1, 2005 TO DECEMBER 31, 2005



This is to certify that this budget was posted with the warrant on
February _i , 2005.



Governing Body (Selectmen)




Ronald R Morales



Insert 2



2005 Warrant Articles


1 2 3 5 7 8 9 10 11 12 13

Online LibraryEast Kingston (N.H.)Annual reports of the Town of East Kingston, New Hampshire (Volume 2004) → online text (page 5 of 13)