Volume 1 - Revenue |
Provides an overview of Town revenue sources and how the tax levy, our largest source of revenue is calculated. (Jan 14, 2020)
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Volume 2 - Local Receipts |
Explores Local Receipts, which make up about 10% of total Town revenue and include motor vehicle excise tax, ambulance revenue, investment income, and more. (Jan 20, 2021)
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Volume 3 - Excluded Debt |
Outlines how excluded debt works and explains how the Town uses these temporary tax increases to finance large school and municipal projects. (Jan 26, 2021)
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Volume 4 - Property Tax Bills |
75% of Hingham’s revenue comes from property taxes, which are paid quarterly. Check out Volume 4 of Inside Town Finances on the Board of Selectmen website to learn how the Town calculates your property tax bill. (Feb 2, 2021)
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Coming Soon! |
Volume 5 - Proposition 2 1/2 and the Impact of Voter-Authorized Tax Increases |
NEW! Delves into operating overrides and debt exclusions to explore how voter-authorized tax increases impact property tax bills over time. (Feb 9, 2021) |
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Coming Soon! |
Volume 6 - Fund Balance |
Explores how Fund Balance (also known as Free Cash or Available Reserves) is calculated and how it can be used according to the Town’s financial policy. |
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Coming Soon! |