| FISCAL IMPACT |    |
Taintor & Associates, Inc., the Town’s consultant, commissioned an independent fiscal impact report to study the effects of the Village on the Town’s finances. In summary, the Town’s study determined the following:
| Village's Annual Gross Revenue (Real estate taxes & excise taxes): | $834,000 |
| Village's Annual Municipal Service Costs | |
| - General Government | $24,000 |
| - Public Safety | $86,000 |
| - Public Works | $41,000 |
| - Health & Human Services | $5,200 |
| - Culture & Recreation | $3,000 |
| - Fixed/Shared Costs | $41,000 |
| - Public Schools | $192,000 |
| Total Cost of Services | $392,000 |
| Total Net Revenue | $441,800 |
Therefore, according to the Town’s consultant, the Town will gain $441,800 per year after all expenses incurred for the Village. To read the Town’s detailed study please visit http://www.taintorassociates.com/documents/newbury/FiscalImpactReport.pdf