Finance Department

 

 

How Does Griswold Compare to Municipalities Across the State

The following statistics are taken from a publication compiled by the Connecticut Policy and Economic Council, entitled "Connecticut Municipal Profiles". The publication ranks the 169 municipalities of the state in a number of categories from 1 to 169, with 1 being the highest and 169 being the lowest. In other words if they were ranking "team spirit" and Griswold was listed as number one, that would mean that Griswold had more team spirit than any other municipality in the state. They didn't rank that one!

 

 

Category

Ranking

Number/

Amount

2001 Net Grand List

116
438,982,216

2002/2003 Mill Rate

134
24.00

2002/2003 Grand Levies

119
10,535,573

FYE 2002 Unreserved General Fund Balance as a Percent of Total Expenditures

 119 6.4%

2002/2003 Property Taxes as a Percent of Total Revenue

167
38.17%

2002/2003 Per Capita Property Taxes

163
952.31

2002/2003 State Aid as a percent of Total Revenue

12
46.95%

2002/2003 Per Capita Municipal Expenditures

87
2,494.73

2002-2003 per Capita Education Expenditures

47
1,796.93

2002-2003 per Pupil Education Expenditures

111
8,983.00

2002-2003 Education Expenditures as a Percent of Total Expenditures

29
72.03%

2001-2002 Average Professional Staff Salary

122
48,714.00

2002-03 Debt Service as a percent of Total Expenditures

42
9.08%

Per Capita Personal Income

157
27,865.00

Per Capita personal Income as a Percent of State Average

159
63.37%

* Data last updated August 2010

 

It would be a mistake to try to take any one of these rankings and apply it to any decision making process, however, taken as a whole, they provide a useful analytical tool. A good example of a single statistic being a bad indicator would be that the City of Waterbury is ranked number one for tax collection rate at 100%. By itself, that statistic may lead you to believe that they have been doing a pretty good job there. We know that is not the case!

 

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