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TR-2009-48 RESIDENTIAL FACTOR .817547 ■ � ■ ,� ��s �� TR-2009-48 A RESOLUTION ADOPTING A RESIDENTIAL FACTOR OF .817547 PURSUANT TO MASSACHUSETTS GENERAL LAWS, CHAPTER 40, SECTION 56 WHEREAS, beginning in Fiscal Year 1989 the Agawam City Council began adopting residential factors of less than one(1) pursuant to Massachusetts General Laws, Chapter 40, Section 56; and WHEREAS, it is in the best interests of the residential taxpayers of Agawam to adopt a residential factor of less than one(1); and WHEREAS, it is in the best interests of the Town of Agawam to adopt a residential factor of.817547; NOW THEREFORE, the Agawam City Council hereby resolves after conducting a public hearing to adopt a residential factor of.817547 pursuant to Massachusetts General Laws, Chapter 40,Section 56. DATED THIS DAY OF 2009. PER ORDER OF THE AGAWAM,CITY COUNCIL ina M. Letellie,U'President /I APPROVED AS TO FORM AND LEGALITY Christopher C.Jol�n, Solicitor TR-2009-48 cc) A RESOLUTION ADOPTING A RESIDENTIAL FACTOR OF .817547 PURSUANT TO MASSACHUSETTS GENERAL LAWS� CHAPTER 40, SECTION 56 WHEREAS, beginning in Fiscal Year 1989 the Agawam City Council began adopting residential factors of less than one(1) pursuant to Massachusetts General Laws, Chapter 40,Section 56; and WHEREAS, it is in the best interests of the residential taxpayers of Agawam to adopt a residential factor of less than one(1); and WHEREAS, it is in the best interests of the Town of Agawam to adopt a reirdential factor of.817547; Z.5 NOW THEREFORE, the Agawam City Council hereby resolves after conducting a public hearing to adopt a residential factor of.817547 pursuant to Massachusetts General Laws, Chapter 40, Section 56. DATED THIS DAY OF 2009. PER ORDER OF THE AGAWAM CITY COUNCIL UbX7L) AnzM. Letelli'er,-fre'siaent co-) - APPROVED AS TO FORM AND LEGALITY 1.)kka— Cc - 0-4�� ec - J't-� Christopher C.Jo ton, Solicitor MAY-ORALL ACIIO Received this ..- day of 2009 from Town Council Clerk. Signed by Council President this- day of MbQA'/ ' 2009. APPR!2V,&L QF LEGISLATION By the powers vested in me pursuant to Article 3, Section 3-6 of the Agawam Charter, as d d th b rove the passage of the above legislation on this—164 - dayof 20W .lid �Q Susan R. Dawson, Mayor DISAPPR!QYAL QF LEGISLATION By the powers vested in me pursuant to ATticle,3,Section 3-6 of the Agawam Charter, as amended, I hereby veto the passage of the above legislation on this day of 2009 for the following reason(s): Susan R. Dawson, Mayor RETURN OE LEGISLA110—N-1-0- COUNCIL CLE Returned to Council Clerk this day of 2009. Town of Agawam 36 Main Street Agawam, Massachusetts 01001-1837 Tel. 413-786-0400 Fax 413-786-9927 Town of Agawam Notice of Public Hearin The Agawam Town Council will conduct a public hearing on Wednesday, December 9, 2009, at 7:00 P.M., at the Agawam Middle School, 68 Main Street, Agawam, Massachusetts to consider the adoption of a residential tax factor pursuant to Massachusetts General Laws, Chapter 40, Section 56. The public is invited to attend and comment. Barbara Bard, Council Administrative Assistant Agawam Town Council DISTRIBUTION: Town Hall Bulletin Board Library Bulletin Board Senior Center Bulletin Board Town of Agawam Assessor's Office 3 6 Main St,Agawam, Massachusetts 0 100 1-183 7 Tel. 413-786-0400 X258 Fax 413-786-9927 Email: assessor@agawamma.us To: City Council Members From: Kevin Baldini Date: November 9, 200 9 Re� Classification Booklet Enclosed please find the"Tax Classification Booklet" prepared by the Assessors' Office on behalf of Mayor Dawson. The Mayor has recommended as shift of 1.71, which results in a tax factor of 0.817547. The page in the booklet labeled "Comparative Tax Effect" is the best indicator of the effect this shift will have on the typical residential, commercial and industrial property in Agawam. For the comparison, three actual properties have been selected that are close to the average class value for residential,commercial and industrial properties. The small box in blue on the left margin in each example shows die actual assessment and tax for that particular property in Fiscal Year 2009. The information to the right of the blue box has the actual assessment for Fiscal Year 2010 and also the tax liability for the various shifts in comparison to FY 20W The,highlighted shift of 1.71 shows the actual effect the proposed shift would have on these properties in relation to the tax paid in FY 2009. The percentage difference in value for each ofthese properties from FY 2009 to FY 20 10 is typical for the majority of properties in their respective classes, except for those properties that have had a change in their physical nature, such as an addition, demolition or other alteration. I will be present at the Classification Hearing scheduled for December 7,2009 to answer questions from the Council if need be. I would especially like to thank Charlotte Grondin, Administrative Assistant in the Assessors' Office, for all her help in putting this book together. I hope that this info n is helpful to you. If you need any further information, please feel free to contact me, ' atthisin/forma nis, Sincerely, K IB evin ni Assessor Cc: Mayor Susan R. Dawson TR-2009-48 A RESOLUTION ADOPTING A RESIDENTIAL FACTOR OF .817547 PURSUANT TO MASSACHUSETTS GENERAL LAWS, CHAPTER 40, SECTION 56 WHEREAS, beginning in Fiscal Year 1989 the Agawam City Council began adopting residential factors of less than one (1) pursuant to Massachusetts General Laws, Chap�er 40, Section 56; and WHEREAS, it is in the best interests of the residential taxpayers of Agawam to adopt a residential factor of less than one (1); and WHEREAS, it is in the best interests of the Town of Agawam to adopt a residential factor of.817547; NOW THEREFORE, the Agawam City Council hereby resolves after conducting a public hearing to adopt a residential factor of.817547 pursuant.to Massachusetts General Laws, Chapter 40, Section 56. DATED THIS DAY OF 2009. PER ORDER OF THE AGAWAM CITY COUNCIL Gina M. Letellier, President APPROVED AS TO FORM AND LEGALITY Christopher C. Joqns�n, Solicitor vi* jl� ........... s"i ................ .... ..................... ............ ffi�ffi M ............ ' " SIFICATION TAX CLAS FY 2010 s USAN R. DAWSON, XLkYOR 1 1 ' F Q Socioeconomic o�°y � County HAMPDEN � School Structure K to 12 � Form of Government ❖Mayor � ❖Council � 2008 Population 28,091 2009 Labor Force 15f 827 1999 Per Capita Income 22f 562 1 Land Square Miles 23,24 � Unemployment Rate ❖2008 4,8 � :•2009 8,1 Standard & Poor's Rating AA � Services 1 Mood 's Bond Rating Aa3 1 1 1 PROPOSED FVC od" 0 JR. . 2010 Tax .1assinc on Tax Classification Tax Rate Tax Levy Assessed Values Residential 12.94 28,786r614 21224f622,F388 Commercial 27.07 6r435r977 237,753r135 Industrial 27.07 61236,613 230,,388,360 Personal 27.07 2FS021625 103,,5 32,510 Property Total 44,261,829* 21796r296r393 *Difference from proposed tax levy due to rounding 2010 uLASSIFICATION BREAKDOMW PERSONAL PROPERTYVALUE 4% INDUSTRIAL 8% COMMERCIAL 9% 0 RESIDENTIAL N COMMERCIAL 0 INDUSTRIAL RESIDENTIAL 0 PERSONAL 79% PROPERTY CLASS PROPERTY VALUE RESIDENTIAL 2,224,622,388 COMMERCIAL 237,753,135 INDUSTRIAL 230,388,360 PERSONAL 103,532,510 FY2009 A w Ge SIN(3LE F—A—M- -ILY MUNICIPALITY SINGLE FAMILY PARCELS AVERAGE TAX SINGLE FAMILY ASSESSED VALUE VALUE RATE TAX BILL I SPRINGFIELD 3161lf627,500 25,932 139,273 17.89 21492 CHICOPEE 2,087f984,100 10,947 190,736 13.20 21518 HOLYOKE 11011f510,406 51296 190f 995 14.24 21720 AGOIAM 11776,030,400 71625 232,923 12,07 2F011 SOUTHWICK 775,154,300 21988 259,422 12,55 31256 WESTFIELD 21230f4021000 91281 240,319 13.94 31350 WEST SPRINGFIELD 11540f3171600 61438 239f 254 14,66 31507 EAST LONGMEADOW 11425,878,000 51250 271,596 16,26 41416 LONGMEADOW 11982,158,900 5f 436 364,636 1 17.11 1 61239 FY2009 TAX RATES SURROUNDING TOWNS IFYPono PROPOSIED TAX RATIE $27-07 (Commeire'al MunicipalitV FY Residential Commercial Xndustrial AGAWAM 2007 11.82 25.80 2008 IL 2.7 4 25.64 200S 2.2.07 26.04 CHICOPEE 2007 12.76 28.89 2008 12.36 26.01 2009 13.20 28.12 EAST LONGMEADOW 2007 16.22 16.22 2008 16.06 16.06 2009 16.26 16.26 HOLYOKE 2007 12.95 34.SS 2008 13.75 33.98 2009 14.24 35.15 LCXNGMEADOW 2007 15.53 JLS.53 2008 16.96 16.96 2009 17.3LX 17.11 SC3ktJTHWICK 2007 X IL.84 IX.64 :zoos 12.20 X2.20 2009 12.SS 12.5S SPRXNGFIELD_ 2007 3.6.04 31.91 2008 JLG.03 32.04 2009 3.7.89 36.98 WEST SPRINGFIELD 2007 3.4.63 32-59 2008 14.28 32.61 2009 14.66 33.85 WESTFXELD 2007 13.02 26.41 200s 13.55 26.73 120091 1.3.94 27.61. � ACTUAL COMPARISON . . 2010 11105J2009 Town of Agawam 8.48:56AM ASSESSMENT CLASSIFICATION REPORT: LA4 Resiaential open Space U-3mmercial InBuRnM vers. Prope —FLa`ndType—j . IParcels ss2j L Ciass lascj;k 01, T 7,6401 1,733.143,6001 1 02: 1,5971 242,538,5001 1 M lic Res: 151 4,185,8001 04* 4061 $4,200,3701 1 1 1 05: 5,751,0001 1 11425, 611 98,209,5001 1 30-32&106:1 7681 38,632,1001 1 1 200-299- 01 01 mw� 1 00-399- 3171 01 1 215,557,2961 ,00-499: 1601 01 1 227,702,6001 CH61 Land: 6 41 01 1 22,3601 H 61 A.- 74 411 01 1 1,045,8471 CH61 8: 12 41 01 1 1,921,0051 12-043: 1151 17,961,5181 19,206,6271 2,685,760,1 01, 5021 01 4,051,340 3201 01 38.344,150 502- 03� 51 01 37,610 4.550-552, F 21 01 ---42,689,830 05, 21 01 10,7K900 0 0 0 0 0 3 4 5 55 06. 01 5,902,200 So8. 51 01 1�606,480 08 nvalld LUC: 01 01 IL AXABLE CLASS VALUES: 2,224,622,388 0 237,753,136 230,388,360 103,532,610 I R/E C)UNT: 11,153 [REAL ESTATE TAXABLL. 2,692,763,883 fiXEMPT C2=.Tj 218 WE EXEMPT VALUE, 388,207,312 RJE TOTAL COUNT: 11,371 RIE TOTAL VALUE: 3,080,971,195 FP7tp COUNT: 837 JPERS. PROP, TAXABLE 103,532,510 [T-- PP TAXABLE VA E- AX,A M E�N T. 11,990 [T�RIE& LU 2,7 lQuestions concerning this report should be directed to the folloWing person: Name Title Dav-Time Phone DEPARTMENT OF REVENUE MINIMUM RESIDENTIAL FACTOR COMPUTATION FOR FY 2010 AGAWAM City/Town District A B C Class Full and Fair Cash Percentage Valuation Share 1. Residential 2,224,622,388 79.5560% L:79.556�00/. 2. Open Space 0 0.0000% 3. Commercial 237,753,135 8.5024% 20.4440% 4. Industrial 230,388,360 8.2391% 5. Personal Propertv 103,532,510 3.7025% TOTALS 2,796,296,393 100.0000% Maximum Share of Levy for 150% X 20.4440% 30.6660% Classes Three, Four and Lines 3C +4C + 5C Personal Property FMax%Shar Minimum Share of Levy for 100% 30.6660% 69.3340% Classes One and Two : Max% Share FMin %Share Minimum Residential Factor 69.3340% 79.5560% 87.1512% (MRF) Min % Lines 1C +2C Minimum Residential Factor MINIMUM RESIDENTIAL FACTOR F 87-1512% LA7 (6-96) Chapter 58, Section 1 A mandates a minimum residential factor of not less than 65 percent. Oate: 11/512009 8:37 am Page I of 1 TAXFLA7 CALCULATION OF THE LOWEST POSSIBLE RESIDENTIAL FACTOR CHAPTER 200 FOR FY 2010 AGAWAM 1. Last years chosen residential percentage (R)*. 64.8162% 2. This year's MRF using a 150% shift to CIP (from LA-7). 87.1612% 3. Minimum residential share (R) in current year using 150% Shift to CIP. 69.3340% If#1 is greater than#3, STOP! You may shift only up to 150% to CIP and#2 remains MRF. If#3 is greater then#1, go on. 4. Calculate a residential factor using a 175% shift to CIP. 80.7268% 5. Multiply this new residential factor by this year's FFCV residential 64.2230% percentage (R). 6, What is the lowest historical residential percentage since the first 59.3317% certification (R). If#5 is greater than#6, STOP! You may shift up to 175% to the C/P and#4 is the Lowest Residential Factor. If#6 is greater than#5, go on. 7. Take the lowest historical residential percentage, #6 divide it by the current residential percentage at FFCV the result is the lowest residential factor allowable (it may hot be less than 50%). 8. Multiply that factor by FFCVof the open space, add the new R% and 0% shares, take 100% minus (R+ 0)% total to equal the new maximum CIP percentage share 9. Divide this new maximum CIP share by FFCV of CIP share to determine the percentage of shift, (this may not be more than 175%). Consider Residential only, not R & 0 together. Date:1115/2009 8:41 am Page 1 of I NOR 11MB flow Swo am loop most film IM IM 101B IM Im some INN$ INOB fill igloo Whal If—Scenano Worksheet t n,AAR'. 4a IM16"!H MR IWO 5415 08 tq 0, ,A? D WINO "'l 0 0 A ow alw"ki'll "v48 rs ""i e rct,7 o"I �N,1,5's tt"'N",T MW or, is 35 %10 .......... MOM I uO a M no Mc ""'a ca 'V�k ywoovam, ,vu, Il 3 ik"A �l116 70,v',t4lTk 44,o`k1xNk- T6�57 �k"wis a"oll,�,', M M 44', 3 AR"i'll, "t 01"All 'u, "do"! Ind ISM t F45 Of A" ,eto�,�,So U'NK)Q 8 ONO a 61,tc, I cm low 0WWM,U 14 mm,M0 BA "'y co Pr Iwo 1 6 OWN F,,,�,o� "i"n'o"m, tm,""NO 0 -MOM 0 Ima vMj l", t4 1, S11 TotaJ Cl,, 6520e F., la,''12S,"t, 0 Llk 'ThC.APV� fl 5,0� 1'"'Ki 4141 21,Ae"'111,111111,3, it o I:,,, Ta�Ot a "0"",'1 A.", -o"',F2�l, itT I i, V "o, C,,�k :k4 %A m,� CT CoXRD 19'� kKUP," 9,47 A"TTA WS 10 X 1A W ang v 9 NEQ 1 Mm two A Up q "01""! U 70 WIN 3m,"s 105% V"'ill U� t4",l h�0�A 0 NO "A Mn J N 13 a two zw- o 10- IM E VS-11 MAP ON I sw= 44 A, owql 1134 RasWevsKI Exempt i o Stroll Co=morcial I;'we" �,OUjl,�� 1�1,11 2'� 'w ar oI AMMM7 1 OEM 44 061 M! I 'M ITS al iiiisinl "y osew 1 BSK Ulp-D I pq Q Omm i 4 IM6 1 N vmc MOM 4 n2M a vomd W!N! 44 2V CMf I X", I A-0 44-W- M04 NN MM IS 1,0t,14"",1111', Fo OoU 0 9 V T 30% 1NAMI ;,"'TIMAM A, 4 M4 1 maw? t3 7011 18 0 VOW I e, ON%, 11111 0.01 1 Lai qMM Estimated Lev, i k, mS K`111111iA 78 2B!t0 4. ut Mo M no um a 4 WO WA IT" IMMONs 44 Z I I R MY 64 AT AM M 1, 'MM Single Tax Rate t of"I'l P-)I a, TA,05111")C 0 41110041 "a VIA 11, u 1,:v� IMSMA 5-11",IGO R MOM "M mi "0 382 1801 Wool M hl", 10CM291 OM, 1 4 M sclamli `�,C�,'gA 1961 �T 14 IVD, T 1,1f3_`,, a 11 7111'�i lo"I"I'l Note: Au" 0" 'XI 10 1"a I U- ,14 This toble shocild be ctsml for PhMning I 't Purposes only,Aclus;calcuhvlions irray I A I vXd MKI moo -0 VMS- ICONS,, j, Uf 4mamv 4 N"O differsfight,f),Mitt to rponding,For, c0cotations,camoch;Ruc p A vataps n mn cxze,,,� I""z�,'��O quaw 4 at I W Mai M_v M__j —M A V.t A a am I us N" 44 men Q qw-4, JIMA d 0 kl�O1_ m-0 1 To 0 0401 M ON; A%I I I=-M-0,11 W—K-0-01 01 q _q o 0 e,r-,4 M%j wre 1 W.1 ley,, WM to 4", SAA so, vow 1 0-4, ANA Share Percentages Ujvy AL-_upU Estlffgtqd TaX Rates CIP Res What If..Scenario Worksheet ShIft factor Res Os Corn Ind IMP Total Res Os Cam Ind pp Total Res CIS Cam )ad pp 1.26 93,3186 74.24D6 0 ODDO 10.7131 10.3812 4.6651 100MOO 32.869,291 0 4,743.102 4,595,177 2,085.442 44,274.012 14.78. 1015 19.95 1995 1.27 93.0517 74.D362 0 ODOO 10.7981 10.4636 4.7022 100,ODDO 32,778.777 0 4,78a.748 4.632,655 2,081,034 44,274,012 14,73 20.11 20A 1 20.11 1.28 92,aN7 73.8317 0,0000 10.8a3l 10,5460 4.7392 100.0000 32.688,264 0 4,618,389 4.669,13? 2.098,227 44,274.012 14.69 2027 2027 20.27 1.20 92.5477 73.6273 U,ODOO 10,W81 10.6284 4.7762 100.DDOO 32.597.7-50 0 4.&%,033 4.705.610 2.114,619 44.274.012 14.65 2042 2042 20.42 1.3D 92,2907 73A229 0 ODW 11.0532 10.7108 4.8132 100,ODDO 32,507,236 0 4.893,677 4,742,087 2.131.011 ",274.012 14.81 20.50 20.5a 20.56 1.31 92,0338 73.2184 OMW IMW 10.7932 4,B503 1 OD OWO 32.410.723 0 4,911,320 4,778,%5 2,147,404 ".274,02 14.57 20.74 70,14 20.74 1.32 91,77613 73.014D O.ODOD 11.2232 108756 4.8873 1W0000 32.326.209 0 4,968.984 4,815,043 2,163.796 44.274,012 14.53 20.00 20.90 20.90 1,33 91,6198 7Z8095 O.00DD 11.30112 109579 4.9243 100.00DO 32,235.695 0 5.005.608 4.a5l,520 2.180,189 44.274,M 14,49 21.06 21.06 21.06 1.34 91.2628 726051 O.00DO 11.3933 11,0403 4.9613 10D.00DO 32.145,182 0 5,04,4.251 4.8B7,998 2.196,581 44.274,012 14.45 21.22 21.22 21.22 1.35 91 rOO58 724006 O.00DD 11.4783 11.1227 4.99114 10D.0000 32.054.668 0 5,081.895 4,924,476 2.212,973 44,274,012 14.41 21.37 21.37 21.37 1.36 901489 72APS2 O.00DD 11.5633 11.2051 5.0354 10D.0000 31,964.1,54 0 5,119.539 4,060,OS3 2,220.366 44,274.012 14.37 21.53 21.53 21,53 1.37 904919 7t9918 O.00W 11.6483 11,2075 5.0724 10D.00M 31,873,641 0 5.W.M2 4,997,431 2,245,758 44,274.012 14.33 21.69 21.60 21,69 1.30 002349 71.7873 O.ODDO 111334 113699 5.1094 100.0000 31.7&3,127 0 5.194.826 5,033,908 2,262,151 44,274.012 14,29 21 85 21.85 21.85 1.39 699779 71.5629 O.ODDO 11.8184 114523 5.1485 10D.00DO 31,692.613 0 5,232,470 5.a7O,3B6 2,278.543 44,274.012 14,25 22�01 22.01 2ZO1 1,40 89.7210 71.3784 0.0000 11.9034 11.5347 5.1835 100.00DO 31,602.100 0 5,27D,113 5.106,063 2,294,935 44,274.012 1421 22,17 22,17 22.17 1,41 89.4640 71.1740 O.ODDO 11.98M 11.6171 5.22DS IDD.ODDO 31,511,586 0 5.307,757 5,143.341 2,311,328 44,274,012 14A6 22,32 22.32 22.32 1,42 0,2070 70,9695 O.ODDO 12.0735 11.6995 5.2575 10D.ODOO 31,421.072 0 5.345,401 6.179.819 2.327.720 44.274,012 1412 22,48 22.48 22.40 1.43 B&O500 70,7651 0.0001) 12.15$� 111,71116 Zi.2946 I DD 0000 31,330,559 0 �.383,0" 5.216,296 2.344,113 44.274,012 14.08 22r64 2Z64 2264 1.44 OB.6931 70.5607 0.0000 12.2435 11.8642 5,131G i OD WOO 31,240.045 0 5.420,6M 5,252,774 2.360,505 ",274,012 14.D4 22,$0 2180 22.80 1.45 811.4361 7D.3562 0.0000 12.3285 11.9466 5.36M 100.00DO 31,149.531 0 5,458,332 6.289.251 2.376,897 44,274.012 1400 22.96 22.96 2196 1.46 88.1791 70.1518 O.ODOO 112AM 12.0290 5.4056 10D.ODOO 31,059.018 0 5,495,975 5,325,729 2,393,290 44,274,012 1196 23.12 23.12 23.12 1.47 87.9221 69.9474 ODOOD 12 49M 12.1114 5.4427 1100.0DOO 30,9W.504 0 6,533,619 5,3152,207 2,09,682 44,274,012 1192 23.27 23,27 23.27 1.48 87.6652 69.7429 ODOOD 12,5836 12.1938 5.4797 100.ODDO 30,877,OW 0 5,571,263 5,398,684 2,426,0-16 ",274,012 13.88 23.43 23.43 23.43 149 87.4082 69.5385 00000 12.66M 12.2762 5.5167 IOD.00W 30.787,4771 0 5.608MG 5.43,5.162 2-442,467 ".274 012 13-84 13-59 23,59 2359 ODW' 5.646,550' 5.471, 23751 151 87A512 89.3340 0 ODOD 21538 2.35M 5.5537 1W. 30,M 01 r,391 2 58,8W 1 44.2740121 13.80 23.75 23.751 Page 2 of 4 1 MOM 9:38 AM fill full omit 19MMI No 18100 fill 141MI INOWN fill INOWN OWN fill fill Not fill loop fill milk What If scenario Work sheet VA aF �N'' I—, 1 0 M 0 11MMU oil PRIDWAMIM.0 NOW KV �x 10 C-1 9 A I 'M 0 M'At 4414012, o6 aw bmi-1 low "'oah 2�'YCXII NMI I amq j Nq sapm awat I ow: mm 150579 b TISSIV MUM4 10 n,%at I 5WIALK NNW b3h, A J i WKIP hai,,"""xI i o"', I.W 44-1-M-0-1 1— & womm owan y"M Owl SUN, N "Vop"It, va""'A al"It"I"i 4W� i l 13 �a "It" It,C, am �'k to"'XII f,AV,"'; sm-mm M, o—mv MAI k se "J Ram% MA na non swabl"ateml W,M Ban W N27 NMJ _V J A RZA, Von 0, JS On ?AW 44140% 1321 who Val Tom wow BMW &MR 13 Mp BMW,morM ""T MW CV, 'ot'4% Aw SAW, IN Nd 0 MR, P"'lo"I V4"'i a mwxqd ww M A" I=ps III vw"'o 0� "M wpm %N153 'MA yusn, a 1 13110 1 taB,,�,,4�H """'Voe�'V'kq or$ i 01 Aw A"a' Qol"' Da" Nam assm uWas "MW 'Mw.; N,1, A� 1 0 s q w—U, 1 102 'n 01 2my AS 2614 noxxv I A— "n a I S,in, IV'�".""'B"D"'V I J to�"Vo�"ta4'In 01 600=5 6059001 2 M4 M as2m OL 1 X'; NO,I a ',"V" 3 I'111_10�1 Ao,'09 Voo, 0 zx""ix� tA,'t'�al I",l F""At"'R 6 IM IN 03 NJ 'N"AnOwn wo T".0- bw'w I w4nmz a I"Mal ;a wa It VolvoTh, MIJAM, 0 mm s I owl n, "MI a�"W!4, SOIAA I s?Not 44 annul U0 "'M"J o It "I mm=' TAIT P 44' VW* ME= 0 a *1 1A Zoak"I'l VAIN 110F 1 6""" 449t 0 0(li ",I 1V I sk I—'s wo I n +1 Pot; ww'n sym crow ,MOV 14 WE U 7m""" at""',S'lfto'�J�' C"I"KH lo A w4vj a ya M P""91 Y T""s WNW, &I'm "Wen Q yq M mVpAoq "no MW I RV.11 TAR, D 1XXY'a I —0 It A sw 14-0 bs"o"0 RM MA JKN owl 004 In" 4 4 ell"KmV S'45, P-1,"A3 homm us, 4 4VI 40 N a I"'o :1, 143MMI INS toml N4 4 sd ALI van 1 N to 1 a W" 1A, ANA TK am, W! Mq wwwl 4188 1 AS 6 sm! is BID 9A L"alm ------ Pap A 0 91 AGAWAM 2010 Jurisdiction Fiscal Year 2010 ITO� LA4VALUES FFCV PERCENTS Residential 2,224,622.388 Res'/o 79.5560 MRF 87.1512 Open Space 0 OS % 0.0000 175% Shift 80,7268 Commercial 237.753,135 COM %8.5024 Chapter 3 0,0000 Industrial 230,388,360 Ind % 8.2391 Historic Low% 59.3317 Pers Prop 103.532,513 P P % 3.7025 Prior Res% 64,8162 Total 2,796,296,393 Total % 100-0000 Lowest RIF 80.726B INPUT OPTIONS OPEN SPACE DISCOUNT Estimated Levy 0 Resid Factor 0.817547 Selected 0 S 0.0000 Selected Discount% CIP Shift 1.71000 0 S Factor 1.00000000 Single TR 0 SHIFT PERCENTS Res % 65.0408 Res TR 0 OS % 0.0000 OSTRO COM % 14.5391 Corn TR 0 Ind % 14.0888 Ind TR 0 P P %6.3313 PP TR 0 Total % 100,0000 RESIDENTIAL EXEMPTION Total Res Value 2,224.622,388 Total Res D Avg Res Value 0 Parcel Count Avg Res Value 0 X Selected Res 0.0000 Residen.tial 0 Exemption % Exemption No.Eligible Res 0.0000000 Tot Res Value 0 Parcels minus Exempt SMALL COMMERCIAL EXEMPTION No.Eligible Corn 0 Parcels Selected Corn 0.0000 X Total Value of 0 Total Value to 0 Exem% Eligible PcIs be Exempt Total C &I Value 4 8,141.4 5 minus Exemption Signatures Signatures for LA5 (Board of Assessors) (Date) Comments: LA5 Certification I hereby attest that notice was given to taxpayers that a public hearing on the issue of adopting the tax levy percentages for https://disgate,A,ay.dor.state.ma.tis/gateway/Private/"/ebFornis,rFaxRate/LaSOptions.aspx 12/9/2009 Page 2 of 3 fiscal year 2010 would be held on 12/9/2009 (date), 7:00 RM (time), at Agawam Middle School (place), by Legal Advertisement in Local Newspaper (describe type of notice). (Clerk) (Date) Comments: We hereby attest that on 12/1W2000 (date). 7:00 PM (time), at Agawam Middle School (place) a public hearing on the issue of adopting the percentages for the fiscal year 2010, that the Board of Assessors presented information and data relevant to making such determination and the fiscal effect of the available alternatives at the hearing and that the percentages set forlh above were duly adopted in public session on 1219/2009 (date). The LA-5 excess capacity is calculated as 5,102,275.98 We have been informed by the Assessors of excess levy capacity 5,102,275,98 Signatures for LA5 Certification For cities: City Councilors, Aldermen, Mayor For towns: Board of Selectmen For districts� Prudential Committee or Commissioners (Authorized Signature) (Date) Comments: 'k. - (Authorized Signatur (Date) 7 Commentsi 1'� c' C2"\ (Authorized Signature) (Date) Comments: (Authorized Signatu Comments: (Authorized Signature) (Date) C� Comments: (Authorized Signat Comments: fittps://dlsgateway-dor.state.nia.us/gateway/Private/WebForms/TaxRate/La5Options.aspx 12/9/2009 Page 3 of 3) (Authorized Signature) (Date) Comments: (Authorized Signature) (Date) Comments: View Edit List No Errors found Status of TaxRate Forms, i'View More View Lost Ugdater Information Dav�e E76ni hitps://disoateway.dor,state.ma.us/gatewav/Private/WebForms/1'axRateYLa5Options.aspx 12/9/2009 Z I INTEROFFICE MEMORANDUM TO: CHRIS JOHNSON, CITY SOLICITOR FROM: ROBERT ROSSI, CITY COUNCILOR SUBJECT: TO-2009-48 (TAX FACrOR) DATE: 12/4/2009 To my fellow councilors- At the onset, I would like to apologize for not being present at such an important meeting as setting the tax factor. I had scheduled a holiday at a time when I was unaware that our regularly scheduled meeting on Monday, December 7'h would be moved to Wednesday, December 9"' due to the state primary election, I would however, like to offer the following statement and have it read into the minutes of the meeting for your consideration. While I don't agree with the level of tax increase created by this year's budget, an argument previously made, I do support setting the tax factor which is necessary to maintain our city's cash flow and I do support the proposed shift of 1.71. 1 believe that our Assessor, Kevin Baldini has established a fair and equitable balance between our residential and business community. It is my belief that reducing the residential factor while increasing the business factor as some have suggested, would not be prudent given the current economic climate. I think we all can agree that the next few years are going to be extremely challenging to say the least. If we are to recover our economic stability, the small businesses are going to be a necessary tool in that recovery process. While offering our residents a lower tax rate may give way to immediate relief, I believe it will be much more costly in the long run. First, this added increase would be passed on to the consumer for goods and services and those increases are likely to be far greater than the initial tax reduction they receive. Secondly, the additional tax increase added to the cost of doing business; meeting obligations and maintaining staffing, could make the difference to a business that is barely hanging on. When a business fails, we all lose, tax revenues are lost, foreclosures and forfeitures increase and unemployment rises; hardly a scenario we would want to encourage. Now is the time to embrace Our small businesses and encourage their growth, not throw out speed bumps; for it's their growth that will inevitably lead to the path of our recovery. I know this is a difficult decision. However, we must consider increasing our revenue base as a necessary first step; this along with turning our budgeting philosophies around to include "getting more with less", only then can we begin to relieve the pressures of future property tax assessments on the homeowner. Thank you for your consideration. Fraternal]), yours, Bob Rossi, City Councilor INTEROFFICE MEMORANDUM TO: C14RIS JOHNSON, CI-1-Y SOLICIT01t FROM: ROBERTROSSI, CI'I'Y COUNCILOR SUBJECT: TO-2009-48 (TAX FACTOR) DATE: 12/4/2009 To my fellow councilors: At the onset, I would like to apologize for not being present at such an important meeting as setting the tax factor. I had scheduled a holiday at a time when I was unaware that our regularly scheduled meeting on Monday, December 7"' would be moved to Wednesday, December 91h due to the state primary election. I would however, like to offer the following statement and have it read into the minutes of the meeting for your consideration. While I don't agree with the level of tax increase created by this year's budget, an argument previously made, I do support setting the tax factor which is necessary to maintain our city's cash flow and I do support the proposed shift of 1,71. 1 believe that our Assessor, Kevin Baldini has established a fair and equitable balance between our residential and business community. It is my belief that reducing the residential factor while increasing the business factor as some have suggested, would not be prudent given the current economic climate. I think we all can agree that the next few years are going to be extremely challenging to say the least. If we are to recover our economic stability, the small businesses are going to be a necessary tool in that recovery process. While offering our residents a lower tax rate may give way to immediate refief, I believe it will be much more costly in the long run. First, this added increase would be passed on to the consumer for goods and services and those increases are likely to be far greater than the initial tax reduction they receive. Secondly, the additional tax increase added to the cost of doing business; meeting obligations and maintaining staffing, could make the difference to a business that is barely hanging on. When a business fails, we all lose, tax revenues are lost, foreclosures and fort'eitures increase and unemployment rises; hardly a scenario we would want to encourage, Now is the tin-te to embrace our small businesses and encourage their growth, not throw out speed burrips; for it's their growth that will, inevitably lead to the path of our recovery. I know this is a difficult decision. However, -we must consider increasing our revenue base as a necessary first step; this along with turning our budgeting philosophies around to include "getting more with less", only then can we begin to relieve the pressures of future property tax assessments on the homeowner. Thank you for Your consideration, Fraternally yours, Bob Rossi, City Councilor