lunenburgbudgetproject.org — written by the Lunenburg Budget Project, an independent tool for residents. Not affiliated with the Town of Lunenburg, the School Committee or the school district. The data this page is computed from: /data/topics/development-needed.json
Growth alone would need $2,153,441 of new levy a year (ours); the best year on record added $630,220.
New growth added to the levy
Certified new growth
FY2003
$314,966
FY2004
$341,785
FY2005
$452,710
FY2006
$325,484
FY2007
$295,074
FY2008
$211,735
FY2009
$138,168
FY2010
$130,170
FY2011
$188,732
FY2012
$448,111
FY2013
$321,862
FY2014
$297,571
FY2015
$262,484
FY2016
$360,856
FY2017
$487,955
FY2018
$481,496
FY2019
$472,536
FY2020
$366,231
FY2021
$308,732
FY2022
$430,254
FY2023
$234,383
FY2024
$630,220
FY2025
$527,289
FY2026
$518,650
The state’s certified new growth, every class of property. The line is our estimate of what would hold the gap.
1 · The facts
$2,153,441
new growth a year, to hold the gap (ours)
our estimate
$400,000
a year, already in the projection (ours)
our estimate
$518,650
new growth certified, FY2026
$630,220
the most in any year, FY2024
3.4 times
the need, against the best year
our estimate
$121,851,367
new assessed value a year, beyond that (ours)
our estimate
40.5 a year
developments, at our mixed archetype
our estimate
$3,005,000
our archetype development’s value
our estimate
53.2%
of each new tax dollar that reaches the schools (ours)
our estimate
2 · What it shows
1
The schools keep 53.2% of each new tax dollar, so growth works at about half its face.
2
$2,153,441 a year is 3.4 times the best year on record, FY2024.
3
That is $121,851,367 of new value a year, about 40.5 developments at $3,005,000 each.