Maintainer

Connecticut Data Collaborative

Denominator

For Current Year Adjusted Tax Levy per Capita, the denominator is the total Population for the selected municipality as of July 1 of the end year of the selected State Fiscal Year (eg July 1, 2013 for SFY 2012-2013). For Property Tax Revenue as Percent of Total Revenue and Ratio of Intergovernmental Revenue to Total Revenue, the denominator is the Total Revenue for the selected municipality and year. For the Ratio of Total Revenue to Total Expenditures and Other Sources, the denominator is the sum of Total Expenditures and Total Transfers from Other Sources for the selected municipality and year. For the Current Year Adjusted Tax Levy per Capita as Percent of State Average, the denominator is the quotient of a sum of Current Year Adjusted Taxes Collectible for all municipalities divided by a sum of their respective Total Populations (excluding Plymouth for SFY 2014-2015) for the selected fiscal year.

Description

Municipal Revenue and Expenditures reports indicators of Municipal revenue, taxes, and expenditures.

Domain

Civic Vitality

Frequency

Annual

Full Description Generally, indicators reported are related to a given municipality's General Fund, as reported to the Office of Policy and Management. Intergovernmental Revenue counts any revenue received from other governments, including state, federal, and other municipal governments. This income may be part of grants, shared taxes, advances, cooperative or joint financing funds, or repayment for services rendered by one government for another. Other Revenue includes items such as licensing and user fees, and is calculated here by subtracting Property Tax Revenue and Intergovernmental Revenue from the Total Revenue. Total Transfers into General Fund includes revenue items the town includes in the budgeting process. Items that are not included in the budget, such as debt proceeds or bond refunds, are not included in this indicator, but are included in the Total Revenue including Other Sources indicator. Non-Educational Expenditures are calculated by subtracting Educational Expenditures from the Total Expenditures. Net Revenue is the surplus (or deficit) left after subtracting a municipality's Total Expenditures from its Total Revenue. Current Year Adjusted Taxes collectible are used in the calculation of an Equalized Mill Rate. State Fiscal Years run from July 1 through the following June 30. Population estimates used to calculate Per Capita measures were derived using the Connecticut Department of Public Health estimates as of July 1 of the year ending the State Fiscal Year - ie. SFY 2012-2013 uses the population estimate for July 1, 2013.

Geography

Town

Latest Year Available from Source

SFY 2017-2018

Measure Type

Number;Percent

Numerator

For Current Year Adjusted Tax Levy per Capita, the numerator is the Current Year Adjusted Taxes Collectible for the selected municipality and year. For Property Tax Revenue as Percent of Total Revenue, the numerator is the Property Tax Revenue for the selected municipality and year. For the Ratio of Intergovernmental Revenue to Total Revenue, the numerator is the Intervovernmental Revenue for the selected municipality and year. For the Ratio of Total Revenue to Total Expenditures and Other Sources, the numerator is the Total Revenue for the selected municipality and year. For the Current Year Adjusted Tax Levy per Capita as Percent of State Average, the numerator is the Current Year Adjusted Tax Levy per Capita for the selected municipality and year.

Socrata

True

Socrata Dataset Name

Municipal Fiscal Indicators (2014-2018) MS Access database

Socrata Dataset URL

https://data.ct.gov/Local-Government/Municipal-Fiscal-Indicators-2014-2018-MS-Access-da/k2mn-ewcm

Source

Connecticut Office of Policy and Management

Subdomain

Public Finance

Suppression

Technical Notes

Variable

Current Year Adjusted Taxes Collectible;Current Year Adjusted Tax Levy per Capita;Educational Expenditures;Intergovernmental Revenue;Net Change in Operating Funds;Non-Educational Expenditures;Other Revenue;Property Tax Revenue;Total Expenditures;Total Revenue;Total Revenue including Other Sources;Total Transfers from General Fund;Total Transfers into General Fund;Current Year Adjusted Tax Levy per Capita as Percent of State Average;Property Tax Revenue as Percent of Total Revenue and Transfers into General Fund;Ratio of Intergovernmental Revenue to Total Revenue;Ratio of Total Revenue to Total Expenditures

Years in Catalog

SFY 2000-2001;SFY 2001-2002;SFY 2002-2003;SFY 2003-2004;SFY 2004-2005;SFY 2005-2006;SFY 2006-2007;SFY 2007-2008;SFY 2008-2009;SFY 2009-2010;SFY 2010-2011;SFY 2011-2012;SFY 2012-2013;SFY 2013-2014;SFY 2014-2015;SFY 2015-2016;SFY 2016-2017;SFY 2017-2018