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Report of the <br /> Board of Assessors <br /> iy <br /> To the Honorable Board of Selectmen <br /> and the Citizens of the Town of Mashpee: <br /> As this fiscal year 1992 annual report is being prepared <br /> the office of the Board of Assessors is completing the <br /> fiscal year 1993 triennial revaluation. This revaluation <br /> has been accomplished by "in-house" staff with <br /> supplemental assistance from a professional consulting <br /> revaluation firm. The entire process has been <br /> accomplished according to prescribed state guidelines F <br /> and monitoring by the Department of Revenue <br /> personnel. The fiscal year 1993 revaluation cost will be <br /> less than $65,000, whereas the fiscal year 1990 <br /> revaluation cost was approximately $235,000. <br /> In addition to the fiscal year 1993 revaluation, the <br /> Assessing Department has committed 9,331 motor <br /> vehicle excise tax bills, 11,689 real estate tax bills, 3,735 <br /> personal property, 784 boat excise tax bills, 55 <br /> apportioned street betterments, and 211 unapportioned <br /> street betterments. <br /> Assessed Percent of Tax Levy by <br /> Class value Total Value Rate Class <br /> I Residential $11326713255,650 89.9404 10.75 $13,623,105.74 <br /> II Open Space 199235700 0.1365 10.75 $205679.78 <br /> III Commercial 82,194,974 5.8335 10.75 8831,595.97 <br /> IV Industrial 189886,200 1.3404 10.75 203,026.65 <br /> V Personal Property 38,735,355 2.7492 10.75 4159415.82 <br /> Total $194099006,879 100% $15,145,823.96 <br /> Appropriations and Sources of Revenues Fiscal Year 1992 <br /> Total Appropriations: $199223,041.11 <br /> Revenues: <br /> Local Receipts: $1,700,000.00 i <br /> State Aid and Reimbursements: $ ,Re im 1 73 199.00 <br /> , <br /> "Free Cash": 479,696.15 i <br /> (Surplus from prior year) <br /> "Other Available Funds": $5239322.00 <br /> Local Property Taxes: $15,1469823.96 <br /> Total Revenues: $193,2239041.11 <br /> Respectfully submitted, , <br /> Leslie M. Greig, Chairman <br /> Kenneth A. Porter, Vice Chairman <br /> Robert R. DeLory, Clerk <br /> Town of Mashpee Board of Assessors <br /> I <br /> -33- <br />