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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!
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Category | Ranking | Number/Amount |
| 1997 Net Grand List | 123 | 342,262,038 |
| Mill Rate 1998/99 | 112 | 22.50 |
| 1998/1999 Grand Levies | 122 | 7,700,896 |
Unreserved General Fund Balance
As a percent of total Expenditures | 45 | 11.5% |
Property Taxes as a percent of
Total revenue 1998/1999 | 166 | 31.63% |
| Per Capita Property Taxes 98/99 | 160 | 744.1 |
State Aid as a percent of total
Revenue 1998/1999 | 13 | 50.86% |
| Per Capita Municipal Expenditures | 48 | 2,352.16 |
1998 Fire Expenditures per
$1 million of assessed value | 41 | 687.54 |
1998-1999 per capita
Public works
Expenditures | 164 | 96.71 |
1998-1999 per Capita
Education
Expenditures | 26 | 1,598.63 |
1998-1999 per pupil
Education
Expenditures | 75 | 7,959.00 |
1998-1999 Education Expenditures
as a percent of total expenditures | 45 | 67.96% |
| Average Professional Staff Salary | 152 | 46,501.00 |
Debt Service as a percent
of
Total Expenditures | 14 | 12.07% |
| Per Capita Personal Income | 160 | 23,890.00 |
Per Capita personal Income as
a
Percent of State Average | 160 | 63.37% |
| * Data last updated August 2002 |
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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