Bridgewater and Raynham will be paying more in FY2006 to Bridgewater-Raynham
March 11, 2005
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Joseph Gillis Jr.

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March 11, Bridgewater and Raynham will be paying more in FY2006 to Bridgewater-Raynham

  Without even considering the large request from the B-R Schools, both town would be paying additional funds in FY2006 vs. FY2005.

                                fy2005        fy2006
Bridgewater  Net Minimum     $12,677,614   $13,414,890 set by state
             Transportation      885,086     1,154,282
             Bldg/Mod Lease      265,720       159,180
                             $13,830,425   $14,730,358
             Capital debt        201,970     1,125,335 approved projects


Raynham      Net Minimum      $7,969,190    $8,470,075 set by state
             Transportation      480,787       657,778
             Bldg/Mod Lease       49,280        50,820
                              $8,499,257    $9,178,673
             Capital Debt        286,965       715,769 approved projects

  Note that for FY2005, Bridgewater voted through Town Meeting to fund the Bldg/Mod Lease via a request for funds from a Capital Account.  At this time, it is unclear if this approach will ultimately be successful, or if it would be tried for FY2006.
   Capital Debt is the cost for approved school projects, voted by the voters (examples: new High School, Williams re-construction, new Raynham Middle, etc..).  These shown costs, NET of State Reimbursement, do not need to be included in Spring 2005 Town Meeting vote on funding.  These will be separately figured into next year's tax bills by the respective Town Tax Treasurer/Collectors.  For Bridgewater taxpayers (who are seeing the largest increase in this line item), your property tax bill will increase by about 4.2% for this line item.
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