$323,275,000 Massachusetts Bay Transportation Authority Senior Sales Tax Bonds 2004 Series C pptx

NEW ISSUE - BOOK-ENTRY ONLY Ratings: Standard & Poor’s: Moody’s: (See “Ratings” herein) AAA Aa2 In the opinion of Bond Counsel, under existing law, assuming continued compliance with certain provisions of the Internal Revenue Code of 1986, as amended, interest on the Bonds will not be included in the gross income of holders of the Bonds for federal income tax purposes Interest on the Bonds will not constitute a preference item for the purposes of computation of the alternative minimum tax imposed on certain individuals and corporations, although interest on the Bonds will be taken into account in computing the alternative minimum tax applicable to certain corporations In the opinion of Bond Counsel, interest on the Bonds and any profit made on the sale thereof are exempt from Massachusetts personal income taxes, and the Bonds are exempt from Massachusetts personal property taxes See “TAX EXEMPTION” herein $323,275,000 Massachusetts Bay Transportation Authority Senior Sales Tax Bonds 2004 Series C Due: July 1, as shown on the inside cover Dated: Date of Delivery The Bonds will be issued by means of a book-entry only system evidencing ownership and transfer of the Bonds on the records of The Depository Trust Company (“DTC”) and its participants Details of payment of the Bonds are more fully described in this Official Statement The Bonds will bear interest from the date of initial delivery thereof and interest will be payable on July 1, 2005 and semiannually thereafter on each January and July 1, calculated on the basis of a 360-day year of twelve 30-day months The Bonds are not subject to optional redemption prior to maturity The Bonds will constitute special obligations of the Massachusetts Bay Transportation Authority (the “Authority”) payable solely from and secured by a pledge of Pledged Revenues and funds and accounts established under the Sales Tax Bond Trust Agreement dated as of July 1, 2000 between the Authority and U.S Bank National Association, Boston, Massachusetts, as successor trustee (the “Trustee”), as supplemented by the Tenth Supplemental Trust Agreement authorizing the issuance of the Bonds dated as of October 1, 2004 between the Authority and the Trustee The Authority has no taxing power Neither the Commonwealth of Massachusetts (the “Commonwealth”) nor any political subdivision thereof shall be obligated to pay the Bonds and neither the faith and credit nor the taxing power of the Commonwealth or any political subdivision thereof (other than the Authority) is pledged to such payment, except as described herein The Bonds are offered when, as and if issued and received by the Underwriters, subject to the unqualified approval of legality by Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., Boston, Massachusetts, Bond Counsel to the Authority, and certain other conditions Certain legal matters will be passed upon for the Underwriters by Palmer & Dodge LLP, Boston, Massachusetts The Bonds are expected to be available for delivery on or about December 22, 2004 at or through DTC in New York, New York UBS Financial Services Inc Bear, Stearns & Co Inc Lehman Brothers Raymond James & Associates, Inc Banc of America Securities LLC Morgan Stanley Siebert Brandford Shank & Co., LLC Carolan & Co Citigroup Division of Oppenheimer & Co Inc Corby Capital Markets, Inc Goldman, Sachs & Co JPMorgan M.R Beal & Company Merrill Lynch & Co RBC Dain Rauscher Inc November 18, 2004 Massachusetts Bay Transportation Authority Senior Sales Tax Bonds 2004 Series C Dated: Date of Delivery Due: July 1, as shown below Maturity Amount Rate Yield 2013 2013 2014 2014 2015 2015 2016 2017 2018 2018 2019 2020 2021 2022 2023 2024 $ 1,455,000 22,750,000 6,430,000 18,905,000 1,235,000 48,190,000 60,355,000 49,520,000 1,520,000 32,280,000 21,380,000 12,480,000 10,840,000 9,360,000 8,685,000 17,890,000 3.50% 5.25 4.50 5.25 3.75 5.50 5.50 5.50 4.00 5.50 5.50 5.50 5.50 5.50 5.50 5.50 3.58% 3.58 3.71 3.71 3.82 3.82 3.93 4.01 4.07 4.07 4.12 4.17 4.22 4.27 4.33 4.37 CUSIP* 575579FV4 575579FW2 575579FX0 575579FY8 575579FZ5 575579GA9 575579GB7 575579GC5 575579GD3 575579GE1 575579GF8 575579GG6 575579GH4 575579GJ0 575579GK7 575579GL5 * Copyright 2004, American Bankers Association CUSIP data herein are provided by Standard & Poor’s, CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc The CUSIP numbers listed above are being provided solely for the convenience of Bondowners only at the time of issuance of the Bonds and the Authority does not make any representation with respect to such numbers or undertake any responsibility for their accuracy now or at any time in the future The CUSIP number for a specific maturity is subject to being changed after the issuance of the Bonds as a result of various subsequent actions including, but not limited to, a refunding in whole or in part of such maturity or as a result of the procurement of secondary market portfolio insurance or other similar enhancement by investors that is applicable to all or a portion of certain maturities of the Bonds MASSACHUSETTS BAY TRANSPORTATION AUTHORITY BOARD OF DIRECTORS DANIEL GRABAUSKAS, CHAIRMAN MARY E BURKE ANTHONY M CAMPO FRANK F CHIN WILLIE J DAVIS JANICE LOUX BARON H MARTIN JOSEPH M TROLLA RICHARD C WALKER, III SENIOR MANAGEMENT MICHAEL H MULHERN, GENERAL MANAGER STEPHEN A BERRANG Assistant General Manager for Strategic Planning JOSEPH C CARTER Chief of Police JONATHAN R DAVIS .Deputy General Manager and Chief Financial Officer DENNIS A DIZOGLIO Assistant General Manager for Planning and Real Estate BRIAN DONOHOE Assistant General Manager for Labor Relations and Occupational Health Services ANNE Y HERZENBERG Chief Operating Officer WILLIAM A MITCHELL, JR General Counsel ROSS J RODINO Assistant General Manager for Intergovernmental Affairs and Public Relations DAVID W RYAN Assistant General Manager for Design and Construction GERALDINE SCOLL Assistant General Manager for Environmental Affairs PORTIA E SCOTT Assistant General Manager for Human Resources and Chief of Staff WESLEY G WALLACE, JR Treasurer-Controller IN CONNECTION WITH THE OFFERING OF THE BONDS, THE UNDERWRITERS MAY OVER ALLOT OR EFFECT TRANSACTIONS WHICH STABILIZE OR MAINTAIN THE MARKET PRICE OF SUCH BONDS AT LEVELS ABOVE THOSE WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET SUCH STABILIZING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME The information set forth herein has been obtained from the Authority and other sources which are believed to be reliable, but, as to information from other than the Authority, it is not to be construed as a representation by the Authority or the Underwriters The information and expressions of opinion herein are subject to change without notice and neither the delivery of this Official Statement nor any sale made hereunder shall, under any circumstances, create any implication that there has been no change in the affairs of the Authority since the date hereof, except as expressly set forth herein The various tables may not add due to rounding of figures The Underwriters have provided the following sentence for inclusion in this Official Statement The Underwriters have reviewed the information in this Official Statement in accordance with, and as part of, their responsibilities to investors under the federal securities laws as applied to the facts and circumstances of this transaction, but the Underwriters not guarantee the accuracy or completeness of such information No dealer, broker, salesperson or other person has been authorized to give any information or to make any representation other than those contained in this Official Statement, and, if given or made, such other information or representations must not be relied upon as having been authorized by the Authority This Official Statement does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the Bonds offered hereby by any person in any jurisdiction in which it is unlawful for such person to make such offer, solicitation or sale All quotations from and summaries and explanations of provisions of laws, resolutions, the Bonds and other documents herein not purport to be complete; reference is made to said laws, resolutions, the Bonds and other documents for full and complete statements of their provisions Copies of the above are available for inspection at the offices of the Authority and the Trustee TABLE OF CONTENTS Page INTRODUCTION The Bonds Background Forward Funding Official Statement .4 THE AUTHORITY Board of Directors .5 Administration General Operations Indebtedness Capital Investment Program .13 APPLICATION OF PROCEEDS AND OTHER AVAILABLE FUNDS 14 PLAN OF REFUNDING 15 THE BONDS 15 General 15 Redemption Provisions 15 Book-Entry Only System 15 Transfer and Exchange 18 DEBT SERVICE REQUIREMENTS ON SENIOR SALES TAX BONDS 19 SECURITY FOR THE SALES TAX BONDS 20 Pledge Under the Sales Tax Bond Trust Agreement 20 Flow of Funds 21 Provision for the Payment of Prior Obligations .24 Pledge of Amounts Payable Under the Assessment Bond Trust Agreement 24 Pledge Under Sales Tax Bond Trust Agreement to Assessment Bonds 24 Senior Debt Service Reserve Fund 24 Deficiency Fund and Capital Maintenance Fund .25 Additional Indebtedness .25 Statutory Covenant .26 DEDICATED SALES TAX 27 ASSESSMENT BOND TRUST AGREEMENT AND ASSESSMENTS .29 Page Pledge Under the Assessment Bond Trust Agreement 29 Flow of Funds 30 Indebtedness Under the Assessment Bond Trust Agreement 31 Statutory Covenant 31 Assessments 31 Other Withholding of Local Aid 33 Potential Local Aid Intercepts 33 Legal Obligations of Assessed Cities and Towns 34 Proposition 2½ 35 Local Aid 36 LEGAL INVESTMENTS AND SECURITY FOR DEPOSITS 36 LITIGATION 37 LEGISLATION 37 TAX EXEMPTION 38 RATINGS 39 CERTAIN LEGAL MATTERS 39 UNDERWRITING 39 VERIFICATION OF MATHEMATICAL COMPUTATIONS 39 CONTINUING DISCLOSURE 40 MISCELLANEOUS 40 APPENDIX A Summary of Certain Provisions of the Sales Tax Bond Trust Agreement APPENDIX B Summary of Certain Provisions of the Assessment Bond Trust Agreement APPENDIX C Proposed Form of Opinion of Bond Counsel APPENDIX D Continuing Disclosure Undertaking APPENDIX E Information Regarding Assessments and Local Aid APPENDIX F List of Refunded Bonds A-1 B-1 C-1 D-1 E-1 F-1 OFFICIAL STATEMENT OF THE MASSACHUSETTS BAY TRANSPORTATION AUTHORITY PERTAINING TO ITS SENIOR SALES TAX BONDS 2004 SERIES C INTRODUCTION The purpose of this Official Statement, which includes the cover page and the Appendices hereto, is to furnish information in connection with the sale by the Massachusetts Bay Transportation Authority (the “Authority” or “MBTA”) of its $323,275,000 Senior Sales Tax Bonds, 2004 Series C (the “Bonds”) Unless otherwise defined herein, certain capitalized terms used herein shall have the meanings set forth in APPENDIX A – “SUMMARY OF CERTAIN PROVISIONS OF THE SALES TAX BOND TRUST AGREEMENT – Definitions” or, in the case of capitalized terms related to the Assessment Bond Trust Agreement (hereinafter defined), the meanings set forth in APPENDIX B – “SUMMARY OF CERTAIN PROVISIONS OF THE ASSESSMENT BOND TRUST AGREEMENT.” The Bonds The Bonds are authorized to be issued pursuant to the Enabling Act (hereinafter defined), and are to be issued under the Sales Tax Bond Trust Agreement dated as of July 1, 2000 between the Authority and U.S Bank National Association, Boston, Massachusetts, as successor trustee (the “Trustee”), as amended (the “Trust Agreement”) and as supplemented by the Tenth Supplemental Trust Agreement authorizing the issuance of the Bonds (the “Tenth Supplemental Trust Agreement”) dated as of October 1, 2004 between the Authority and the Trustee (together with the Trust Agreement, the “Sales Tax Bond Trust Agreement”) The Bonds are being issued for the purpose of (i) financing capital projects of the Authority, (ii) refunding the Authority’s outstanding bonds identified in APPENDIX F (the “Refunded Bonds”), including making a termination payment under a hedge agreement related to certain of the Refunded Bonds, (iii) funding a portion of the Senior Debt Service Reserve Fund for the Bonds and (iv) paying the costs of issuing the Bonds See “APPLICATION OF PROCEEDS” and “PLAN OF REFUNDING.” As used herein, the term “Senior Sales Tax Bonds” means the Bonds and all other Senior Sales Tax Bonds previously or hereafter issued under the Trust Agreement on parity with the Bonds The Trust Agreement provides for the issuance of additional Senior Sales Tax Bonds and Subordinated Sales Tax Bonds (collectively, the “Sales Tax Bonds”), and the Authority expects to issue additional Sales Tax Bonds in the future See “THE AUTHORITY – Capital Investment Program.” The Bonds constitute special obligations of the Authority, secured as to the payment of principal and Redemption Price, if any, of and interest thereon by a pledge of certain revenues and other moneys received or derived under the Enabling Act thereof for the purposes and on the terms and conditions provided therein, including without limitation, the greater of the base revenue amount or the dedicated sales tax revenue amount, both as defined in the Enabling Act (“Dedicated Sales Tax”) See “DEDICATED SALES TAX.” The Bonds constitute the ninth series of Sales Tax Bonds to be issued under the Trust Agreement See “SECURITY FOR THE SALES TAX BONDS” and APPENDIX A – “SUMMARY OF CERTAIN PROVISIONS OF THE SALES TAX BOND TRUST AGREEMENT.” The Authority has no taxing power Neither the Commonwealth of Massachusetts (the “Commonwealth”) nor any political subdivision thereof (other than the Authority) shall be obligated to pay the Bonds and neither the faith and credit nor the taxing power of the Commonwealth or any such political subdivision thereof is pledged to such payment, except as described herein Background The Authority was originally created in 1964 pursuant to Chapter 161A of Massachusetts General Laws, as in effect prior to July 1, 2000 (the “Prior Act”), as a body politic and corporate and a political subdivision of the Commonwealth to finance and operate mass transportation facilities within (and to a certain extent, outside) its territory The territorial area of the Authority consisted of 78 cities and towns in the greater Boston metropolitan area Under the Prior Act, the Commonwealth provided various forms of financial assistance to offset the Authority’s operating deficit In order to finance its capital program, the Authority was authorized to issue indebtedness secured by its general obligation If the Authority lacked funds to pay such indebtedness, the Commonwealth was obligated to pay such amount, to which obligation the Commonwealth’s full faith and credit was pledged (the “Commonwealth Guaranty”) In addition, the Commonwealth entered into a contract for financial assistance with the Authority pursuant to which the Commonwealth agreed to pay a portion of the debt service on such indebtedness (“Section 28 Assistance”) Furthermore, the Commonwealth paid to the Authority the total amount of expenses in excess of revenues (“Net Cost of Service”) Net Cost of Service was paid in arrears upon certification by the Authority to the Commonwealth In order to meet current costs, the Authority received advances of the Net Cost of Service or issued operating notes The Commonwealth recovered a portion of the Net Cost of Service paid to the Authority through amounts assessed on cities and towns in the Authority’s territory Pursuant to the Prior Act and in order to fund a portion of its capital program, the Authority periodically issued bonds under the General Bond Resolution of the Authority adopted February 15, 1967, as amended, and notes and entered into certain leases and other obligations, each of which was secured by a combination of the Commonwealth Guaranty, Section 28 Assistance and the Commonwealth’s payment of Net Cost of Service Such bonds, notes, leases and other obligations outstanding as of July 1, 2000 are collectively referred to herein as the “Prior Obligations.” For information regarding the outstanding principal amount of Prior Obligations, see “THE AUTHORITY – Indebtedness.” Forward Funding As part of its 2000 fiscal year annual appropriations act, Chapter 127 of the Acts of 1999 of the Commonwealth, as amended (“Chapter 127” or the “Forward Funding Legislation”), the Commonwealth repealed and restated the Prior Act, effective July 1, 2000 The Prior Act as restated by Section 151 of Chapter 127, together with Section 35T of Chapter 10 of Massachusetts General Laws, also enacted as part of Chapter 127, are collectively referred to herein as the “Enabling Act.” Commencing July 1, 2000, the Authority no longer received Net Cost of Service, which had been unlimited, or Section 28 Assistance Instead, under the Enabling Act, the Authority receives a dedicated revenue stream consisting of the amounts assessed on cities and towns of the Authority in accordance with the Enabling Act (“Assessments”) and the Dedicated Sales Tax (collectively, the “Dedicated Revenues”) The Dedicated Sales Tax is equal to the greater of the amount raised by a 1% statewide sales tax, which equals 20% of the existing statewide 5% sales tax, or, as of July 1, 2000, $645,000,000, in either case to be funded from existing sales tax receipts, subject to upward adjustment under certain circumstances set forth in the Enabling Act See “DEDICATED SALES TAX.” The Enabling Act and the new financing mechanism for the Authority established thereunder have been referred to as “Forward Funding” to reflect the fact that the Authority’s costs are no longer funded in arrears The Enabling Act expanded the territory of the Authority to 175 cities and towns, but aggregate annual Assessments payable by such cities and towns are reduced in five equal amounts from approximately $144 million in Fiscal Year 2001 to approximately $136 million in Fiscal Year 2006 After 2006, aggregate Assessments will be adjusted annually for inflation but will not be permitted to increase by more than 2.5% per year For further information regarding Assessments, see “ASSESSMENT BOND TRUST AGREEMENT AND ASSESSMENTS.” The Dedicated Revenues are credited upon receipt, without appropriation, to the Commonwealth’s State and Local Contribution Fund (the “Fund” or the “State and Local Contribution Fund”) Such amounts shall be disbursed upon the request of the General Manager to the Authority so long as the Authority shall certify that it has provided in its budget each year for the payment of the Prior Obligations due during such year In connection with its Fiscal Year 2005 budget, the Authority has certified that it has provided for the payment of Prior Obligations during Fiscal Year 2005 in such annual budget See “SECURITY FOR THE SALES TAX BONDS – Provision for the Payment of Prior Obligations” and “ASSESSMENT BOND TRUST AGREEMENT AND ASSESSMENTS.” In order to clarify certain procedural provisions in the Enabling Act, the Authority entered into a Memorandum of Understanding dated as of July 1, 2000 with the Executive Office for Administration and Finance, the Office of the State Treasurer, the Office of the Comptroller and the Department of Revenue (the “MOU”) In accordance with the MOU, the Dedicated Sales Tax is deposited to the Fund upon the issuance by the Department of Revenue of the Monthly Report of Collections and Refunds (the so-called “blue book”) Under Massachusetts law, the blue book shall be issued not later than the last business day of each month with respect to the prior month, except with respect to June of each year For each June, pursuant to the MOU, 90% of the estimated Dedicated Sales Tax shall be deposited on or about the 14th Business Day of July, with the remainder to be deposited in accordance with applicable law Assessments are deposited to the Fund quarterly, on September 30, December 31, March 31 and June 30 Under the Enabling Act, the Dedicated Revenues are impressed with a trust for the benefit of Authority bondholders Furthermore, the Commonwealth covenants that while any Authority bonds or notes secured by the Dedicated Revenues are outstanding and remain unpaid, the Dedicated Revenues shall not be diverted, and, so long as the Dedicated Revenues are necessary for the purpose for which they have been pledged, the rate of the sales tax shall not be reduced below the amount of the Dedicated Sales Tax and annual aggregate Assessments shall not be reduced below $136,026,868 See “DEDICATED SALES TAX” and “ASSESSMENT BOND TRUST AGREEMENT AND ASSESSMENTS.” To the extent that the Dedicated Revenues are insufficient in any year to provide for the payment of the Prior Obligations in such year, the Commonwealth shall remain liable to pay such Prior Obligations to the same extent as under the Prior Act, provided, however, that any such payment by the Commonwealth shall be repayable within five years by the Authority, without interest, from the Dedicated Revenues Under the Enabling Act, the Authority is no longer authorized to issue indebtedness supported by the Commonwealth Guaranty Furthermore, the Commonwealth no longer shall pay Net Cost of Service or Section 28 Assistance Instead, in general, Authority indebtedness may be a general obligation of the Authority or may be secured by a pledge or conveyance of all or a portion of revenues, receipts or other assets or funds of the Authority, including without limitation, the Dedicated Sales Tax and Assessments Pursuant to the Sales Tax Bond Trust Agreement, the Bonds are secured by a pledge of the Dedicated Sales Tax and, after meeting the obligations under an Assessment Bond Trust Agreement dated as of July 1, 2000, as amended and supplemented (the “Assessment Bond Trust Agreement”) between the Authority and U.S Bank National Association, as successor trustee (the “Assessment Bond Trustee”), the Assessments, along with other Authority revenues as described under “SECURITY FOR THE SALES TAX BONDS – Pledge Under the Sales Tax Bond Trust Agreement to the Assessment Bonds.” Pursuant to special legislation, the Authority may issue bonds in accordance with the Enabling Act secured by appropriations from the Commonwealth, the proceeds of such bonds to be used solely to finance or refinance the extension of commuter rail service to Fall River and New Bedford Under the Enabling Act, the Authority is required to meet all of its operating and capital expenditures from Dedicated Revenues, federal assistance and revenues generated from operation of the Authority’s system, including without limitation fare revenues and non-fare revenues (e.g., parking and advertising revenues) The Authority has identified cost containment and revenue enhancement initiatives, which it believes to be necessary to provide for the long-term operation and maintenance of the Authority’s transportation system without additional financial assistance from the Commonwealth There can be no assurance that such initiatives will provide sufficient financial resources to sustain the operation and maintenance of the Authority’s transportation system, particularly in the short-term However, under the Enabling Act, the pledge and receipt of Dedicated Sales Tax is not contingent upon the Authority’s provision of transportation services Subject to the limitations with respect to the Assessments described under “ASSESSMENT BOND TRUST AGREEMENT AND ASSESSMENTS,” the Authority’s failure to provide transportation services at current levels would not affect the Commonwealth’s or the assessed cities’ and towns’ obligation or ability to provide the Dedicated Revenues See “THE AUTHORITY – Operations.” Official Statement There follows in this Official Statement a description of the Authority, together with summaries of the terms of the Bonds and certain provisions of the Enabling Act, the Forward Funding Legislation, the Sales Tax Bond Trust Agreement and the Assessment Bond Trust Agreement All references herein to the Enabling Act, the Forward Funding Legislation, the Sales Tax Bond Trust Agreement and the Assessment Bond Trust Agreement are qualified in their entirety by reference to such law and documents, copies of which are available from the Authority or the Trustee, and all references to the Bonds are qualified in their entirety by reference to the definitive forms thereof and the information with respect thereto contained in the Sales Tax Bond Trust Agreement Appendix A is a summary of certain provisions of the Sales Tax Bond Trust Agreement Appendix B is a summary of certain provisions of the Assessment Bond Trust Agreement Appendix C sets forth the proposed form of opinion of Bond Counsel Appendix D sets forth the proposed Form of Continuing Disclosure Agreement to be executed by the Authority and the Trustee Appendix E sets forth certain information regarding Assessments and Local Aid Appendix F contains a list of bonds to be refunded with the proceeds of the Bonds This Official Statement does not contain the audited financial statements of the Authority or general financial and operating information about the Authority because the Bonds are secured by a first lien on Dedicated Sales Tax and other Pledged Revenues (hereinafter defined) under the Sales Tax Bond Trust Agreement and, as described herein, amounts available under the Assessment Bond Trust Agreement, and not by the general obligation of the Authority, and the Dedicated Sales Tax is not derived from or otherwise related to the Authority’s operations See “THE AUTHORITY – Operations.” For further information about the Authority, reference is made to the Authority’s most recent annual report filed with each Nationally Recognized Municipal Securities Information Repository (“NRMSIR”) pursuant to the Authority’s continuing disclosure undertaking for certain Prior Obligations, which report includes audited financial statements, among other information THE AUTHORITY The Authority was created in 1964 by the Prior Act and is a body politic and corporate and a political subdivision of the Commonwealth Under the Enabling Act, the territorial area of the Authority consists generally of 175 cities and towns directly or indirectly receiving Authority service The 175 cities and towns are grouped into three categories, based upon the weighting of each member’s allocable percentage of Assessments: (i) the 14 cities and towns; (ii) the 51 cities and towns; and (iii) the other served communities The Authority finances and operates mass transportation facilities within its territory and to a limited extent outside its territory and is authorized to enter into agreements for providing mass transportation service by private companies, including railroads Board of Directors The Enabling Act provides that the affairs of the Authority shall be managed by a board of nine directors (the “Board of Directors” or “Board”) The Secretary of the Executive Office of Transportation of the Commonwealth (hereinafter called the “Secretary”) serves ex officio as the Chairman of the Board Eight directors are appointed by the Governor of the Commonwealth to serve two-year terms and are eligible for reappointment The directors appointed by the Governor shall consist of one selected from a list provided by the Mayor of Boston, one selected from a list provided by the chief executive officers of each of the 14 cities and towns, excluding Boston, and one selected from a list provided by the metropolitan area planning council on behalf of the 51 cities and towns and other served communities Of the appointees of the Governor, one shall be experienced in transportation, one shall be a member of a national or international labor organization, one shall be experienced in environmental protection, one shall be experienced in administration and finance and one shall be experienced in consumer protection No more than five of the nine directors shall be members of the same political party No fewer than seven of the directors shall be residents of the Authority’s territory Under the Enabling Act, the Board has the power to appoint and employ a General Manager and other officers The Enabling Act also provides that the Advisory Board, consisting of a representative of each of the cities and towns paying Assessments, shall have certain specified powers, including the power to approve the Authority’s long term capital program and annual operating budget or to subject the operating budget to itemized reductions The Enabling Act does not provide for the Authority to be a debtor under the federal bankruptcy code The Authority’s directors are: DANIEL GRABAUSKAS, Chairman, Ipswich, Massachusetts, ex officio Former Republican Party nominee for State Treasurer; former Registrar of Motor Vehicles; former Director, Massachusetts Office of Consumer Affairs and Business Regulation; former Chief of Staff, Department of Economic Development; former trainer and election observer for non-profit International Republican Institute; former Chief of Staff, Executive Office of Health and Human Services; former Deputy Secretary, Executive Office of Communities and Development MARY E BURKE, Director, Worcester, Massachusetts, term expires June 30, 2005 Educator and community volunteer; Research Associate, Worcester Regional Research Bureau; co-founder and Chair of Board of Directors, Abby Kelley Foster Regional Charter Schools; former professor at Assumption College ANTHONY M CAMPO, Director, Milton, Massachusetts, term expires June 30, 2006 Practicing attorney, Boyle, Morrissey & Campo, member of Massachusetts and New York Bar Associations, member of American Arbitration Association, former Vice Chairman and Treasurer of the Milton Housing Authority FRANK F CHIN, Director, Boston, Massachusetts, term expires June 30, 2005 Chairman of Chinatown Community, Incorporated; Member of Empowerment Zone Board; former Purchasing Agent of the City of Boston; has served Chinatown/South Cove Neighborhood Council and Board of Directors of the South Cove YMCA and New England Aquarium WILLIE J DAVIS, Director, Newton, Massachusetts, term expires June 30, 2005 Practicing attorney; board member of the Committee for Public Counsel Services; former United States Magistrate Judge; former Assistant United States Attorney for the District of Massachusetts; and former Assistant Attorney General of the Commonwealth of Massachusetts JANICE LOUX, Director, Boston, Massachusetts, term expires June 30, 2006 President of Greater Boston Hotel Employees Local 26 Union; Treasurer of the Local 26 Trust Funds; former Vice-President and Benefits Officer of Local 26 BARON H MARTIN, Director, East Wareham, Massachusetts, term expires June 30, 2006 Mediator for the Appeals Court for the Commonwealth of Massachusetts; Arbitrator; former First Justice of the Wareham District Court; former First Justice of the Appellate Division of the District Court Southern Division; former Special Justice of the Roxbury District Court; former Adjunct Professor of Law at Southern New England Law School; and former First Assistant General Counsel of the Metropolitan Transit Authority, the predecessor to the Authority JOSEPH M TROLLA, Director, Marlborough, Massachusetts, term expires June 30, 2006 Vice President of Construction at Fafard Real Estate Development, Inc., of Ashland; formerly held positions at the Marlborough Planning Department and at Brook Realty Trust; and former Superintendent at Flatley Construction RICHARD C WALKER, III, Director, Newton Corner, Massachusetts, term expires June 30, 2005 Vice President and Community Affairs Officer of the Public and Community Affairs Department of the Federal Reserve Bank of Boston; served in executive positions at the Massachusetts Housing Partnership; the Lincoln Filene Center for Citizenship and Public Affairs at Tufts University and the Greater Roxbury Development Corporation the Commonwealth once the Fiduciary has complied with the publication and reporting requirements as prescribed in accordance with the laws of the Commonwealth; provided, however, if no provision of Commonwealth law shall require that such funds be paid to the Commonwealth, such moneys shall, at the written request of the Authority, be repaid by the Fiduciary to the Authority, as its absolute property and free from trust, and the Fiduciary shall thereupon be released and discharged with respect thereto and the Bondowners shall look only to the Commonwealth, if paid to the Commonwealth, or the Authority, if paid to the Authority, for the payment of such Assessment Bonds; provided, however, that before being required to make any such payment to the Authority, the Fiduciary shall, at the expense of the Authority, cause to be published at least twice, at an interval of not less than days between publications, in an Authorized Newspaper, a notice that said moneys remain unclaimed and that, after a date named in said notice, which date shall be not less than 30 days after the date of the first publication of such notice, the balance of such moneys then unclaimed will be returned to the Authority (Section 1004) TRA 1915270v1 B-35 APPENDIX C Upon the delivery of the 2004 Series C Bonds, Bond Counsel proposes to deliver to the Underwriters an opinion in substantially the following form: MINTZ LEVIN COHN FERRIS GLOVSKY AND POPEO PC Boston Washington Reston New York New Haven Los Angeles London One Financial Center Boston, Massachusetts 02111 617 542 6000 617 542 2241 fax www.mintz.com Massachusetts Bay Transportation Authority 10 Park Plaza Boston, Massachusetts 02116 We have acted as bond counsel to the Massachusetts Bay Transportation Authority (the “Authority”) in connection with the issuance by the Authority of Senior Sales Tax Bonds, 2004 Series C, dated the date of initial delivery thereof (the “Bonds”) The Bonds are being issued pursuant to Chapter 161A of the Massachusetts General Laws, as amended (the “Act”), and the Sales Tax Bond Trust Agreement dated as of July 1, 2000 by and between the Authority and U.S Bank National Association, as successor trustee (the “Trustee”), as supplemented by the Tenth Supplemental Trust Agreement dated as of October 1, 2004 by and between the Authority and the Trustee (as supplemented, the “Trust Agreement”) In such capacity, we have examined such law and such certified proceedings and other documents as we have deemed necessary to render this opinion As to questions of fact material to our opinion, we have relied upon the certified proceedings and other certifications of public officials and others furnished to us without undertaking to verify the same by independent investigation Unless otherwise defined herein, certain capitalized terms used herein shall have the meanings set forth in the Trust Agreement Based upon the foregoing, we are of the opinion that, under existing law: (a) The Authority is duly created and validly existing as a body politic and corporate and a political subdivision of the Commonwealth of Massachusetts (the “Commonwealth”) with the corporate power to enter into the Trust Agreement, perform the agreements on its part contained therein and issue the Bonds (b) The Bonds have been duly authorized, executed and delivered by the Authority and are valid and binding special obligations of the Authority enforceable in accordance with their terms The Bonds are secured by the Trust Agreement and a pledge of the Pledged Revenues (as defined therein) received by or for the account of the Authority and amounts on deposit in the funds and accounts pledged as security therefor under the Trust Agreement The Trust Agreement creates the valid pledge and lien which it purports to create for the benefit of the holders of the Bonds, subject to the application of such Pledged Revenues and amounts to the purposes and on the conditions permitted by the Trust Agreement C-1 MINTZ, LEVIN, COHN, FERRIS, GLOVSKY AND POPEO, P.C (c) The Trust Agreement and the Assessment Bond Trust Agreement have been duly and lawfully authorized, executed and delivered, are in full force and effect and are valid and binding agreements of the Authority enforceable upon the Authority in accordance with their respective terms (d) Interest on the Bonds will not be included in the gross income of the holders of the Bonds for federal income tax purposes This opinion is rendered subject to the condition that the Authority comply with certain requirements of the Internal Revenue Code of 1986, as amended, which must be satisfied subsequent to the issuance of the Bonds in order that interest thereon is and continues to be excluded from gross income for federal income tax purposes Failure to comply with certain of such requirements could cause interest on the Bonds to be included in the gross income of holders of the Bonds retroactive to the date of issuance of the Bonds While interest on the Bonds will not constitute a preference item for purposes of computation of the alternative minimum tax imposed on certain individuals and corporations, interest on the Bonds will be included in the “adjusted current earnings” of corporate holders of the Bonds and therefore will be taken into account in the computation of the alternative minimum tax applicable to certain corporations We express no opinion as to other federal tax consequences resulting from holding the Bonds (e) Interest on the Bonds, and any profit made on sale thereof are exempt from Massachusetts personal income taxes, and the Bonds are exempt from Massachusetts personal property taxes We express no opinion as to other Massachusetts tax consequences arising with respect to the Bonds nor as to the taxability of the Bonds or the income therefrom under the laws of any state other than Massachusetts (f) For federal and Massachusetts tax purposes, interest includes original issue discount Original issue discount with respect to the Bonds is equal to the excess, if any, of the stated redemption price at maturity of such Bonds over the initial offering price thereof to the public, excluding underwriters and other intermediaries, at which price a substantial amount of all Bonds with the same maturity were sold Original issue discount accrues actuarially over the term of the Bonds Holders should consult their own tax advisers with respect to the computation of original issue discount on such accruals of interest during the period in which any such Bond is held It should be understood that the rights of the holders of the Bonds, and the enforceability of the Bonds, the Trust Agreement and the Assessment Bond Trust Agreement may be subject to bankruptcy, insolvency, reorganization, moratorium and other similar laws affecting creditors’ rights heretofore or hereafter enacted to the extent constitutionally applicable and that their enforcement may also be subject to the exercise of judicial discretion in appropriate cases This opinion is given as of the date hereof, and we assume no obligation to revise or supplement this opinion to reflect any facts or circumstances that may hereafter come to our attention or any changes in law that may hereafter occur Very truly yours, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C C-2 TRA 1964588v1 APPENDIX D Massachusetts Bay Transportation Authority Senior Sales Tax Bonds, 2004 Series C (the “Bonds”) Continuing Disclosure Undertaking Prior to the issuance of the Bonds, the Authority and the Trustee will enter into a continuing disclosure agreement (the “Authority Disclosure Agreement”) setting forth the undertakings of the Authority regarding continuing disclosure with respect to the Bonds In the Authority Disclosure Agreement, the Authority will undertake for the benefit of the registered owners and beneficial owners (the “owners”) of the Bonds to provide to the Trustee, no later than 335 days after the end of each fiscal year, (i) the quantitative information for the preceding fiscal year of the type presented in the Official Statement for the Bonds regarding (a) the Dedicated Sales Tax, (b) Assessments, (c) outstanding indebtedness, (d) capital plan, (e) total revenues and operating expenses and (ii) audited financial statements of the Authority for such fiscal year (or unaudited financial statements if such audited financial statements are not then available), or (iii) notice of the Authority’s failure, if any, to provide such information The Trustee agrees to forward the information set forth above, no later than 350 days after the end of each fiscal year, to each nationally recognized municipal securities information repository (each, a “NRMSIR”) within the meaning of Rule 15c2-12 of the Securities and Exchange Commission (the “Rule”) and to the state information depository for the Commonwealth of Massachusetts, if any (the “SID”), within the meaning of the Rule If audited financial statements are not available from the Authority within the 335 day period described above, the Authority agrees to deliver to the Trustee such audited financial statements as soon as practicable after the audited financial statements become available and the Trustee undertakes to forward the audited financial statements to each NRMSIR and the SID as soon as practicable after the audited financial statements become available All of the information described above may be included by reference to other documents, including official statements pertaining to debt issued by the Authority, which have been submitted to each NRMSIR If the document incorporated by reference is a Final Official Statement within the meaning of the Rule, it will also be available from the Municipal Securities Rulemaking Board (“MSRB”) The Authority’s annual financial statements for each fiscal year shall consist of the balance sheet of the Authority and the related statements of revenue and expenses and cash flows prepared in accordance with generally accepted accounting principles in effect from time to time Such financial statements shall be audited by a firm of certified public accountants appointed by the Authority In the Authority Disclosure Agreement, the Authority also will undertake for the benefit of the owners of the Bonds to provide in a timely manner to the MSRB and to the SID notice of any of the following events with respect to the Bonds (numbered in accordance with the provisions of the Rule), if material: (i) principal and interest payment delinquencies; (ii) non-payment related defaults; (iii) unscheduled draws on debt service reserves reflecting financial difficulties; (iv) unscheduled draws on credit enhancements reflecting financial difficulties; (v) substitution of credit or liquidity providers, or their failure to perform; D-1 (vi) adverse tax opinions or events affecting the tax-exempt status of the security; (vii) modifications to rights of security holders; (viii) bond calls; (ix) defeasances; (x) release, substitution or sale of property securing repayment of the securities; and (xi) rating changes Nothing in the Authority Disclosure Agreement shall preclude the Authority from disseminating any information in addition to that required under the Authority Disclosure Agreement If the Authority disseminates any such additional information, nothing in the Authority Disclosure Agreement shall obligate the Authority to update such information or include it in any future materials disseminated To the extent permitted by law, the provisions of the Authority Disclosure Agreement shall be enforceable against the Authority in accordance with the terms thereof by any owner of a Bond, including any beneficial owner acting as a third-party beneficiary (upon proof of its status as a beneficial owner reasonably satisfactory to the Trustee) To the extent permitted by law, any such owner shall have the right, for the equal benefit and protection of all owners of the Bonds, by mandamus or other suit or proceeding at law or in equity, to enforce its rights against the Authority and to compel the Authority and any of its officers, agents or employees to perform and carry out their duties under the foregoing provisions as aforesaid, provided, however, that the sole remedy in connection with such undertakings shall be limited to an action to compel specific performance of the obligations of the Authority in connection with such undertakings and shall not include any rights to monetary damages The Authority’s obligations in respect of the Authority Disclosure Agreement shall terminate if no Bonds remain outstanding (without regard to an economic defeasance) or if the provisions of the Rule concerning continuing disclosure are no longer effective, whichever occurs first The provisions of the Authority Disclosure Agreement may be amended by the Authority and the Trustee, without the consent of, or notice to, any owners of the Bonds, (a) to comply with or conform to the provisions of the Rule or any amendments thereto or authoritative interpretations thereof by the Securities and Exchange Commission or its staff (whether required or optional), (b) to add a dissemination agent for the information required to be provided by such undertakings and to make any necessary or desirable provisions with respect thereto, (c) to add to the covenants of the Authority for the benefit of the owners of the Bonds, (d) to modify the contents, presentation and format of the annual financial information from time to time as a result of a change in circumstances that arises from a change in legal requirements, or (e) to otherwise modify the undertakings in a manner consistent with the provisions of state legislation establishing the SID or otherwise responding to the requirements of the Rule concerning continuing disclosure; provided, however, that in the case of any amendment pursuant to clause (d) or (e), (i) the undertaking, as amended, would have complied with the requirements of the Rule at the time of the offering of the Bonds, after taking into account any amendments or authoritative interpretations of the Rule, as well as any change in circumstances, and (ii) the amendment does not materially impair the interests of the owners of the Bonds, as determined either by a party unaffiliated with the Authority (such as Authority bond counsel) or by the vote or consent of owners of a majority in outstanding principal amount of the Bonds affected thereby at or prior to the time of such amendment D-2 APPENDIX E The table beginning on the following page contains a listing of the 175 assessed cities and towns and historical information about Local Aid and assessments (including Assessments) in Fiscal Years 1985, 1990 and 1998 through 2005 Beginning in Fiscal Year 2005 Local Aid as shown in the table does not include school building assistance grants, which are now payable by the Massachusetts School Building Authority rather than the Commonwealth The amount of such grants in Fiscal Year 2005 is approximately $396 million Under the Prior Act, specified cities and towns were assessed to reimburse the Commonwealth for cash advances made to pay the Authority’s Net Cost of Service on account of prior fiscal periods The amount of assessments for any particular period varied, depending on the amount of the Net Cost of Service for that period and offsetting state appropriations, among other things The Enabling Act increased the number of assessed cities and towns from 78 to 175 commencing in Fiscal Year 2002 Total Assessments shall be not less than $136,026,868 in Fiscal Year 2006, as adjusted in each year thereafter for inflation, provided that such amount shall not increase by more than 2.5% per year Under a transition provision, the Assessments paid by the previously assessed 78 cities or towns for Fiscal Year 2001 are frozen at the Fiscal Year 2000 level ($144,578,734) Beginning in Fiscal Year 2002 and each Fiscal Year thereafter through Fiscal Year 2006, Assessments are reduced in five equal installments, while, commencing with Fiscal Year 2002, the additional cities and towns (labeled “Other Served Communities” in the following table) are assessed and their portion of the Assessments are increased through Fiscal Year 2006 in five equal installments In each case, individual Assessments are determined according to a weighted population formula Total Assessments for Fiscal Year 2005 are $137,732,242 Beginning in Fiscal Year 2002, cities and towns that are also assessed for regional transit authority expenses received a dollar-for-dollar credit against the Assessments, but this will have no effect on the total amount assessed for the Authority, because the credited amounts will be re-assessed on the 14 cities and towns and the 51 cities and towns See “ASSESSMENTS.” E-1 Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY2005 Code Municipality Total Local Aid All Other Assessments FY2004 Assessment Net Local Total Aid Local Aid All Other Assessments FY2003 Assessment Net Local Aid Total Local Aid All Other Assessments Assessment Net Local Aid 1 1 1 1 1 1 1 FOURTEEN CITIES AND TOWNS ARLINGTON BELMONT BOSTON BROOKLINE CAMBRIDGE CHELSEA EVERETT MALDEN MEDFORD MILTON NEWTON REVERE SOMERVILLE WATERTOWN Total of Fourteen Cities and Towns 14,047 6,273 514,815 13,651 34,944 51,076 28,118 44,256 24,285 6,997 17,916 36,127 47,724 9,912 850,141 225 120 51,801 817 5,628 1,441 4,034 5,070 4,755 1,378 290 2,391 4,557 1,196 83,703 2,458 1,351 65,075 4,446 7,418 1,856 2,110 3,170 3,207 1,454 4,743 2,740 4,397 1,895 106,320 12,707 5,902 414,726 11,831 27,707 56,166 24,996 43,766 20,388 4,452 15,655 31,021 42,505 7,875 719,697 15,275 7,289 513,213 17,090 38,644 58,253 27,530 48,513 27,823 7,257 20,296 36,013 51,370 10,979 879,545 205 86 45,062 788 4,643 937 3,265 4,455 4,090 1,233 189 1,878 5,051 1,126 73,008 2,581 1,370 64,591 4,665 7,266 1,775 2,129 3,223 3,369 1,462 4,819 2,831 4,535 1,967 106,583 12,489 5,833 403,560 11,636 26,735 55,541 22,137 40,834 20,363 4,562 15,288 31,304 41,784 7,886 699,952 18,119 8,263 558,968 19,832 43,222 61,618 29,471 50,156 32,681 8,660 23,588 37,490 61,290 12,934 966,292 27 31 1,580 573 133 254 1,046 47 1,352 1,095 65 1,256 77 928 8,464 2,687 1,379 63,926 4,869 7,121 1,682 2,130 3,259 3,494 1,465 4,885 2,924 4,636 2,029 106,486 15,405 6,854 493,462 14,390 35,968 59,682 26,296 46,849 27,835 6,100 18,638 33,310 56,577 9,978 851,344 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 FIFTY-ONE CITIES AND TOWNS BEDFORD BEVERLY BRAINTREE BURLINGTON CANTON COHASSET CONCORD DANVERS DEDHAM DOVER FRAMINGHAM HAMILTON HINGHAM HOLBROOK HULL LEXINGTON LINCOLN LYNN LYNNFIELD MANCHESTER MARBLEHEAD MEDFIELD MELROSE MIDDLETON NAHANT NATICK NEEDHAM NORFOLK NORWOOD PEABODY QUINCY RANDOLPH READING SALEM SAUGUS SHARON STONEHAM SWAMPSCOTT TOPSFIELD WAKEFIELD WALPOLE WALTHAM WELLESLEY WENHAM WESTON WESTWOOD WEYMOUTH WILMINGTON WINCHESTER WINTHROP WOBURN Total of Fifty-One Cities and Towns 3,852 12,852 11,700 6,651 4,971 1,917 3,241 6,800 6,956 601 21,149 725 5,388 5,664 6,315 7,871 1,819 122,242 3,039 266 4,848 5,751 11,776 1,375 796 9,021 6,122 4,347 8,738 24,503 34,978 16,032 10,022 18,554 7,655 8,079 6,984 3,567 1,320 8,134 7,455 16,931 5,325 474 2,595 3,154 28,974 6,131 4,678 9,593 11,528 523,459 35 844 2,060 43 320 636 28 244 1,127 135 2,737 17 1,521 781 1,576 51 2,131 94 1,934 146 1,450 55 38 462 384 307 350 2,975 693 1,944 42 3,037 1,425 462 1,094 124 28 493 648 184 520 25 35 234 2,962 81 42 704 1,869 39,142 258 786 707 488 424 141 326 505 496 108 1,303 161 406 225 223 623 162 1,788 232 105 419 237 578 156 85 651 581 202 596 963 2,068 651 477 843 570 351 439 312 122 508 459 1,180 516 84 219 280 1,137 407 424 378 763 26,123 4,202 13,165 8,933 6,382 4,703 1,644 3,035 6,945 5,333 1,144 19,916 547 5,759 4,658 4,516 7,385 2,264 126,341 2,713 153 2,495 6,022 10,352 1,461 673 9,277 5,665 4,400 7,792 20,565 33,482 14,268 11,183 20,237 6,427 8,413 7,351 3,131 1,713 8,231 6,650 15,566 4,654 365 3,554 2,865 24,875 7,811 5,251 9,408 8,897 502,772 4,338 14,727 11,564 6,883 5,401 2,394 3,272 7,669 6,949 1,375 22,769 693 7,465 5,610 6,157 7,895 2,302 126,771 2,988 266 4,066 6,023 11,968 1,650 794 10,086 7,038 4,802 8,717 23,681 36,088 16,697 11,636 23,257 8,347 8,774 8,820 3,538 1,836 9,073 7,593 16,907 6,218 469 3,686 3,435 28,724 8,256 5,688 10,209 11,435 556,999 38 778 1,731 51 293 647 58 206 972 132 2,150 35 1,213 746 1,612 46 1,430 588 1,336 146 1,085 79 39 141 390 238 440 2,451 672 1,572 55 2,032 1,209 337 832 151 42 416 528 174 473 24 16 218 2,491 82 60 535 1,453 32,458 281 821 784 551 446 146 337 536 560 110 1,368 165 432 248 233 675 172 1,909 246 111 457 241 658 137 103 700 618 208 654 989 2,470 726 515 884 646 376 468 356 127 555 484 1,267 537 86 219 297 1,251 411 454 419 812 28,256 4,019 13,129 9,049 6,282 4,663 1,601 2,877 6,927 5,417 1,133 19,251 493 5,819 4,616 4,312 7,173 2,122 123,431 2,154 147 2,273 5,636 10,226 1,433 652 9,245 6,029 4,355 7,623 20,242 32,947 14,400 11,066 20,341 6,491 8,062 7,521 3,031 1,667 8,101 6,581 15,465 5,208 360 3,450 2,920 24,982 7,763 5,174 9,255 9,170 496,284 5,172 17,181 14,010 8,362 6,522 2,831 4,094 9,183 8,428 728 27,127 790 8,691 6,300 7,551 9,626 2,722 134,042 3,697 303 4,703 5,800 14,296 1,989 981 11,997 8,433 4,861 10,567 26,039 43,288 18,843 12,464 25,129 9,161 9,409 9,755 4,254 2,146 10,693 9,267 20,552 7,410 546 4,339 4,262 31,148 9,696 6,771 11,394 13,873 631,426 83 1,549 13 225 479 11 62 922 130 45 996 636 54 21 173 502 40 142 21 43 65 387 88 237 1,712 559 1,031 13 1,179 919 185 453 24 22 216 56 413 23 211 1,966 46 29 475 1,136 17,632 303 860 861 613 475 151 347 569 622 113 1,428 170 463 271 247 729 184 2,033 261 118 495 247 734 134 121 750 658 214 714 1,034 2,884 799 551 949 726 401 494 400 133 602 513 1,348 557 87 222 314 1,372 417 487 457 871 30,503 4,861 16,238 11,601 7,736 5,823 2,201 3,736 8,553 6,884 486 25,654 616 7,231 5,392 7,251 8,876 2,533 131,836 2,934 182 4,168 5,411 13,542 1,812 853 11,182 7,388 4,559 9,615 23,294 39,845 17,013 11,901 23,001 7,515 8,823 8,807 3,830 2,010 10,070 8,538 19,148 6,440 436 4,107 3,737 27,810 9,233 6,255 10,462 11,866 583,295 OTHER SERVED COMMUNITIES ABINGTON ACTON AMESBURY ANDOVER ASHBURNHAM ASHBY ASHLAND ATTLEBORO AUBURN AYER BELLINGHAM BERKLEY BILLERICA BOXBOROUGH BOXFORD BRIDGEWATER BROCKTON CARLISLE CARVER 8,830 4,057 11,207 7,341 669 382 4,054 32,612 5,555 5,725 9,336 5,465 19,662 1,544 1,993 3,478 128,409 1,033 10,697 137 115 2,292 1,566 24 143 2,050 747 413 538 207 2,219 46 15 279 3,573 25 197 66 76 44 15 139 21 73 26 23 38 105 23 32 8,626 4,952 10,325 7,627 630 366 4,602 34,704 4,802 5,290 11,154 6,676 17,435 1,849 2,320 3,915 128,233 1,687 11,526 8,060 5,095 12,585 9,199 653 373 4,812 35,721 5,462 5,735 11,464 6,720 19,447 1,910 2,339 4,267 131,415 1,649 11,322 79 105 2,262 1,400 24 123 1,766 623 445 481 174 1,587 44 15 270 3,271 225 47 51 0 10 186 0 12 54 17 17 28 73 17 18 7,934 4,939 10,323 7,799 623 355 4,503 33,955 4,839 5,278 10,929 6,529 17,860 1,849 2,296 3,924 128,144 1,628 11,079 8,830 4,432 13,771 11,110 760 438 5,394 35,472 6,696 5,441 13,361 6,793 23,199 2,109 2,870 4,858 142,731 1,899 11,850 62 70 559 1,306 22 31 587 149 33 148 85 1,038 33 258 1,956 95 30 28 0 236 0 36 10 11 19 42 11 8,738 4,334 13,213 9,805 738 431 5,127 34,885 6,547 5,403 13,177 6,697 22,161 2,065 2,849 4,559 140,775 1,885 11,749 Total Total 3 3 3 3 3 3 3 3 3 Italicized communities will pay a Regional Transportation Authority Assessment E-2 Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY2005 Total Municipality CHELMSFORD DRACUT DUXBURY EAST BRIDGEWATER EASTON ESSEX FITCHBURG FOXBOROUGH FRANKLIN FREETOWN GEORGETOWN GLOUCESTER GRAFTON GROTON GROVELAND HALIFAX HANOVER HANSON HARVARD HAVERHILL HOLDEN HOLLISTON HOPKINTON IPSWICH KINGSTON LAKEVILLE LANCASTER LAWRENCE LEICESTER LEOMINSTER LITTLETON LOWELL LUNENBURG MANSFIELD MARLBOROUGH MARSHFIELD MAYNARD MEDWAY MERRIMAC METHUEN MIDDLEBOROUGH MILLBURY MILLIS NEWBURY NEWBURYPORT NORTH ANDOVER NORTH ATTLEBOROUGH NORTH READING NORTHBOROUGH NORTHBRIDGE NORTON NORWELL PAXTON PEMBROKE PLYMOUTH PLYMPTON PRINCETON RAYNHAM REHOBOTH ROCHESTER ROCKLAND ROCKPORT ROWLEY SALISBURY SCITUATE SEEKONK SHERBORN SHIRLEY SHREWSBURY SOUTHBOROUGH STERLING STOUGHTON STOW SUDBURY SUTTON TAUNTON TEWKSBURY TOWNSEND TYNGSBOROUGH UPTON WAREHAM WAYLAND WEST BOYLSTON WEST BRIDGEWATER WEST NEWBURY WESTBOROUGH WESTFORD WESTMINSTER WHITMAN WORCESTER WRENTHAM Total Other Served Communities Total Local Aid 12,430 18,009 3,654 10,565 9,790 281 46,155 7,741 25,372 1,931 4,385 10,239 7,183 765 678 3,000 6,789 1,204 3,286 42,887 1,630 8,235 5,438 4,432 4,311 2,968 894 134,392 10,248 37,494 2,547 136,576 5,233 13,115 11,908 14,219 4,049 7,503 701 34,397 17,504 7,555 3,182 516 7,702 6,234 20,636 5,388 3,685 14,792 13,807 3,072 574 9,429 21,275 704 421 1,785 1,005 1,714 11,730 1,920 592 651 5,715 4,161 553 5,778 14,919 2,975 651 11,991 395 5,265 5,787 47,994 14,849 1,197 7,248 566 13,233 3,882 3,764 2,318 312 3,825 13,487 724 2,194 204,920 4,649 1,457,908 All Other Assessments 1,138 466 171 105 555 3,653 1,381 3,954 164 208 2,557 203 24 56 64 216 58 443 2,615 101 147 170 210 140 90 32 12,085 307 2,321 768 8,476 751 1,564 397 547 112 426 76 897 202 319 668 123 2,061 1,282 2,330 14 133 574 1,304 685 31 200 2,565 36 204 258 52 983 512 72 184 361 250 35 768 603 65 30 1,524 36 25 171 904 432 17 128 15 942 32 104 445 40 127 207 39 71 16,235 327 100,982 Grand Total Total 2,831,508 223,827 Code 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 FY2004 Assessment 111 129 47 106 14 77 141 41 24 70 29 29 36 121 46 22 10 66 65 58 38 41 17 0 28 24 68 133 219 49 60 0 65 21 68 32 67 49 127 45 63 50 93 21 149 179 13 16 53 39 23 157 26 161 31 40 15 91 40 23 43 29 150 26 39 33 43 28 35 120 25 20 79 86 12 59 51 5,282 137,725 Italicized communities will pay a Regional Transportation Authority Assessment Net Local Total Aid Local Aid 11,671 12,721 19,210 19,194 3,488 3,743 11,063 11,191 10,374 10,804 260 273 45,946 49,059 6,448 7,668 22,723 25,322 1,726 1,883 5,384 5,571 9,157 11,729 7,210 7,381 712 693 781 842 3,359 3,409 6,452 6,541 1,209 1,306 2,821 3,242 43,705 45,798 1,870 2,060 9,857 9,964 8,577 8,287 6,175 6,225 5,664 5,777 3,230 2,964 845 861 130,166 138,303 10,909 11,002 36,684 37,318 3,134 3,728 144,592 146,530 4,458 5,069 13,516 14,410 13,042 13,512 14,960 15,546 5,389 5,451 7,579 8,050 1,075 1,114 38,481 36,367 18,851 19,074 7,216 7,316 3,074 3,759 1,232 1,349 5,641 7,483 7,004 8,203 19,958 21,818 5,750 5,727 4,184 4,310 16,045 15,974 13,935 14,639 3,341 4,108 521 551 9,533 9,718 21,804 23,815 655 700 783 754 1,527 1,769 708 930 2,123 2,086 10,590 11,555 2,544 3,020 832 892 467 643 5,193 5,600 4,919 5,199 756 819 4,994 5,685 17,928 16,746 3,857 3,952 599 645 10,675 12,089 331 392 7,907 8,340 6,736 6,643 50,596 51,154 15,328 15,188 1,146 1,142 7,954 7,723 523 523 13,427 14,283 4,100 4,170 4,352 4,426 2,215 2,666 252 307 4,310 4,477 16,115 14,537 674 680 2,063 2,151 203,181 213,862 4,756 4,978 1,493,826 1,557,706 2,716,295 2,994,250 E-3 All Other Assessments 1,245 302 162 96 476 3,095 1,344 3,219 144 199 2,356 197 23 54 48 108 54 360 1,549 98 100 172 283 114 118 33 11,086 198 2,357 522 6,680 682 1,345 450 408 64 365 56 905 287 338 594 111 1,666 1,013 1,910 30 120 530 899 679 34 125 1,866 39 209 259 50 645 448 59 150 299 256 35 777 392 73 29 1,225 35 20 132 896 399 18 82 15 769 12 114 366 30 153 178 39 63 14,618 288 87,363 192,829 FY2003 Assessment 77 172 32 79 10 57 104 30 26 49 16 21 26 161 34 0 49 47 42 27 27 15 0 14 13 49 82 291 37 44 0 42 99 24 34 17 171 30 47 32 126 15 196 117 11 37 25 16 208 19 28 216 27 54 42 29 11 17 21 198 0 22 29 20 18 162 19 15 55 60 41 37 4,594 139,433 Net Local Total Local Aid Aid 11,476 15,684 18,815 19,936 3,409 4,706 11,063 11,325 10,250 10,930 256 310 45,964 50,471 6,267 8,977 21,998 24,953 1,710 2,327 5,346 5,399 9,373 13,539 7,136 7,229 653 817 766 1,040 3,334 3,817 6,272 6,958 1,219 1,446 2,873 4,495 44,249 50,042 1,963 2,354 9,816 11,125 8,068 8,474 5,900 6,876 5,636 5,894 2,819 3,302 813 1,030 127,217 141,930 10,804 11,957 34,961 37,572 3,192 2,896 139,849 156,088 4,374 4,957 13,015 15,163 12,980 15,506 14,847 16,256 5,350 5,066 7,641 8,118 1,058 1,234 35,463 36,924 18,744 18,472 6,973 7,427 3,065 4,223 1,214 1,442 5,817 7,093 7,156 9,773 19,891 21,657 5,526 6,095 4,160 5,200 15,398 16,105 13,708 14,696 3,303 3,814 501 583 9,397 12,081 21,832 29,047 651 885 734 851 1,523 1,763 646 1,104 2,019 2,102 10,702 13,296 2,573 3,142 814 1,055 465 756 5,085 6,916 4,917 6,282 730 954 4,901 5,905 16,312 12,680 3,850 3,882 605 752 10,847 13,656 335 457 8,122 8,529 6,504 6,946 50,258 49,911 14,789 16,154 1,102 1,326 7,611 8,452 488 612 13,496 15,524 3,996 5,022 4,312 4,310 2,281 3,220 263 350 4,269 5,446 14,298 16,274 639 795 2,047 2,442 199,244 220,381 4,653 5,044 1,465,747 1,644,021 2,661,983 3,241,739 All Other Assessments 247 56 126 74 316 551 151 855 124 43 1,267 31 20 26 38 78 47 182 421 92 52 51 97 84 74 21 1,717 69 545 43 828 61 356 88 137 13 102 29 332 145 94 320 101 124 741 961 88 43 244 560 38 90 382 24 178 239 48 525 200 49 62 116 237 30 17 184 57 28 961 30 11 38 792 254 13 14 13 622 13 28 302 103 72 35 52 2,042 111 27,336 53,432 Assessment 44 216 17 52 38 70 20 17 28 14 18 203 22 0 32 31 27 13 16 0 32 44 364 25 29 0 24 139 16 216 12 31 21 160 10 257 65 24 14 11 260 13 18 271 11 69 0 19 14 247 0 11 17 13 205 11 10 34 36 27 25 4,179 Net Local Aid 15,437 19,836 4,364 11,234 10,562 301 49,921 8,787 24,028 2,183 5,339 12,273 7,170 792 1,000 3,761 6,676 1,377 4,308 49,621 2,262 11,040 8,391 6,752 5,797 3,212 1,000 140,213 11,888 37,027 2,848 155,261 4,893 14,775 15,373 15,755 5,029 7,986 1,205 36,592 18,303 7,333 3,765 1,326 6,968 9,029 20,696 5,869 5,100 16,031 14,431 3,094 536 11,734 28,600 856 836 1,561 851 2,043 12,512 2,942 993 676 6,529 6,034 854 5,888 12,496 3,806 721 12,695 413 8,270 6,908 49,119 15,900 1,302 8,422 586 14,900 4,804 4,282 2,907 339 5,308 16,167 760 2,363 218,339 4,908 1,612,512 141,168 3,047,151 Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY2002 Municipality Total Local Aid All Other Assessments FY2001 Assessment Net Local Aid Total Local Aid All Other Assessments FY2000 Assessment Net Local Aid Total Local Aid All Other Assessments Assessment Net Local Aid FOURTEEN CITIES AND TOWNS ARLINGTON BELMONT BOSTON BROOKLINE CAMBRIDGE CHELSEA EVERETT MALDEN MEDFORD MILTON NEWTON REVERE SOMERVILLE WATERTOWN Total of Fourteen Cities and Towns 18,617 8,346 569,975 19,727 43,956 62,144 29,875 48,818 33,435 8,597 23,671 38,068 61,818 13,317 980,364 28 30 1,549 557 128 251 951 44 1,194 941 61 1,008 69 765 7,576 2,824 1,394 63,056 5,055 6,909 1,515 2,111 3,278 3,645 1,475 4,949 2,976 4,732 2,098 106,017 15,765 6,922 505,369 14,115 36,920 60,378 26,813 45,496 28,597 6,180 18,662 34,084 57,016 10,454 866,771 18,170 8,097 550,204 18,954 45,566 58,138 31,659 46,526 28,948 8,384 23,290 36,525 62,275 13,153 949,889 38 41 1,517 486 114 262 840 39 1,108 864 72 935 67 646 7,029 2,883 1,388 62,238 5,251 6,785 1,484 2,119 3,314 3,726 1,461 4,989 3,096 4,813 2,140 105,687 15,249 6,668 486,450 13,217 38,668 56,392 28,700 43,174 24,114 6,059 18,229 32,494 57,395 10,366 837,175 16,969 7,234 532,599 15,162 44,010 55,371 23,855 42,949 27,528 7,594 19,030 34,890 59,927 12,405 899,523 112 110 1,675 475 310 282 793 116 1,173 825 334 919 141 688 7,953 2,825 1,422 61,978 5,074 6,781 1,470 2,137 3,375 3,872 1,448 4,955 3,123 4,860 2,094 105,414 14,032 5,702 468,947 9,613 36,919 53,619 20,925 39,458 22,483 5,321 13,741 30,849 54,926 9,622 786,157 FIFTY-ONE CITIES AND TOWNS BEDFORD BEVERLY BRAINTREE BURLINGTON CANTON COHASSET CONCORD DANVERS DEDHAM DOVER FRAMINGHAM HAMILTON HINGHAM HOLBROOK HULL LEXINGTON LINCOLN LYNN LYNNFIELD MANCHESTER MARBLEHEAD MEDFIELD MELROSE MIDDLETON NAHANT NATICK NEEDHAM NORFOLK NORWOOD PEABODY QUINCY RANDOLPH READING SALEM SAUGUS SHARON STONEHAM SWAMPSCOTT TOPSFIELD WAKEFIELD WALPOLE WALTHAM WELLESLEY WENHAM WESTON WESTWOOD WEYMOUTH WILMINGTON WINCHESTER WINTHROP WOBURN Total of Fifty-One Cities and Towns 5,232 16,814 14,116 8,349 6,637 2,858 4,283 9,152 8,602 735 27,795 830 8,740 6,335 7,696 10,467 2,844 131,849 3,761 334 4,689 5,748 14,474 1,960 997 12,199 8,481 4,881 10,830 25,183 43,923 19,017 11,999 25,235 9,357 8,699 9,522 4,332 1,625 10,922 9,246 21,146 7,553 565 4,420 4,285 31,433 9,818 6,854 11,595 14,275 632,692 75 1,314 14 197 436 11 58 788 112 44 821 442 52 25 158 422 17 124 19 59 356 76 216 1,322 517 810 12 995 791 161 363 21 22 191 53 399 10 189 1,662 41 29 393 895 14,749 333 903 947 682 508 157 363 607 688 117 1,492 173 500 298 260 786 196 2,140 278 126 536 253 815 126 140 803 698 224 780 1,092 3,304 877 590 1,013 814 428 525 444 140 653 547 1,438 582 90 224 330 1,506 425 523 495 937 32,906 4,890 15,836 11,855 7,653 5,933 2,265 3,909 8,487 7,125 506 26,260 653 7,419 5,595 7,384 9,656 2,643 129,550 3,062 204 4,136 5,371 13,641 1,829 851 11,336 7,427 4,581 9,833 22,769 40,102 17,330 11,397 23,227 7,752 8,110 8,634 3,867 1,481 10,247 8,508 19,655 6,573 473 4,187 3,766 28,265 9,352 6,302 10,707 12,444 585,038 4,388 16,319 13,371 7,890 5,869 2,782 4,695 8,714 8,114 697 26,014 820 6,502 6,209 7,573 9,933 2,842 118,597 3,686 326 4,465 5,357 13,309 1,936 965 11,036 8,110 4,547 10,536 24,431 42,766 18,291 11,824 24,680 9,155 8,500 8,084 4,067 1,527 9,953 8,940 21,056 7,224 559 3,725 3,915 30,608 7,125 5,429 10,585 13,587 591,633 13 159 1,205 13 208 408 11 122 695 112 42 23 780 370 43 24 254 456 30 93 127 23 20 16 62 347 79 226 1,279 517 732 20 932 767 159 347 58 20 25 199 68 386 13 11 175 1,573 61 26 340 779 14,453 348 934 1,011 735 531 161 365 632 742 119 1,541 179 523 317 272 835 205 2,272 291 131 570 258 883 126 156 846 734 226 832 1,120 3,703 944 621 1,076 884 450 545 486 145 692 569 1,505 595 89 226 347 1,611 427 551 533 985 34,879 4,027 15,226 11,156 7,141 5,130 2,213 4,320 7,960 6,677 466 24,431 619 5,199 5,522 7,257 9,073 2,632 116,071 2,940 166 3,802 4,972 12,403 1,790 793 10,128 7,029 4,241 9,478 22,032 38,547 16,614 11,183 22,672 7,504 7,890 7,192 3,523 1,363 9,236 8,171 19,483 6,244 456 3,488 3,393 27,424 6,637 4,852 9,713 11,823 542,302 3,813 15,088 12,391 7,171 5,238 2,478 3,984 7,885 7,446 598 22,727 771 5,753 5,965 7,157 8,505 2,648 112,544 3,166 973 3,768 4,744 12,367 1,771 866 10,135 7,010 4,246 9,707 22,887 39,856 16,292 10,805 22,534 8,357 7,054 7,468 3,550 1,357 8,580 8,223 19,554 6,276 534 2,709 3,134 28,886 6,362 4,802 10,002 12,393 542,530 53 63 1,134 72 204 385 67 54 652 111 159 785 351 44 124 27 173 433 18 125 78 131 327 78 222 1,074 497 669 57 815 664 157 365 20 74 194 176 383 63 181 1,460 110 82 321 806 14,060 340 951 1,043 736 526 162 373 616 744 120 1,593 181 522 323 264 853 209 2,317 291 134 571 258 902 125 157 846 726 235 857 1,124 3,639 943 638 1,049 908 449 549 483 143 721 581 1,486 589 91 234 352 1,622 430 577 544 980 35,107 3,420 14,073 10,214 6,363 4,509 1,931 3,544 7,216 6,051 367 20,976 586 4,446 5,291 6,849 7,528 2,412 110,053 2,441 836 3,178 4,361 11,388 1,643 704 9,158 5,957 3,933 8,629 20,690 35,720 14,680 10,111 20,670 6,786 6,449 6,554 3,047 1,211 7,784 7,447 17,893 5,304 441 2,412 2,601 25,804 5,821 4,142 9,138 10,607 493,369 OTHER SERVED COMMUNITIES ABINGTON ACTON AMESBURY ANDOVER ASHBURNHAM ASHBY ASHLAND ATTLEBORO AUBURN AYER BELLINGHAM BERKLEY BILLERICA BOXBOROUGH BOXFORD BRIDGEWATER BROCKTON CARLISLE CARVER 8,903 4,335 13,844 11,331 791 461 5,319 33,920 6,719 5,471 12,909 6,274 23,542 2,107 2,858 5,009 143,361 1,978 11,873 59 65 433 1,081 20 28 572 143 30 130 83 958 29 209 1,907 91 15 0 285 0 20 11 11 8,828 4,266 13,411 10,250 770 456 5,006 33,348 6,575 5,441 12,760 6,186 22,584 2,072 2,843 4,789 141,454 1,968 11,782 8,623 4,213 13,692 10,671 802 497 4,971 32,943 6,167 5,368 10,395 6,033 22,481 2,065 2,742 5,023 128,611 1,815 11,639 62 30 397 1,120 17 29 546 98 34 132 74 745 18 26 212 1,881 76 0 0 0 335 0 0 0 0 0 0 8,561 4,183 13,295 9,552 785 495 4,608 32,397 6,069 5,334 10,263 5,959 21,736 2,047 2,717 4,810 126,730 1,812 11,563 8,055 3,643 13,041 9,474 767 455 4,497 31,242 5,613 5,056 9,781 4,828 20,941 1,920 2,415 4,679 119,294 1,485 11,182 58 74 393 950 17 52 535 87 42 120 69 676 28 200 1,807 18 83 0 0 0 339 0 0 0 0 0 0 7,998 3,569 12,648 8,524 750 451 4,105 30,707 5,526 5,014 9,661 4,760 20,266 1,892 2,412 4,480 117,487 1,467 11,099 Italicized communities will pay a Regional Transportation Authority Assessment E-4 Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY2002 Municipality CHELMSFORD DRACUT DUXBURY EAST BRIDGEWATER EASTON ESSEX FITCHBURG FOXBOROUGH FRANKLIN FREETOWN GEORGETOWN GLOUCESTER GRAFTON GROTON GROVELAND HALIFAX HANOVER HANSON HARVARD HAVERHILL HOLDEN HOLLISTON HOPKINTON IPSWICH KINGSTON LAKEVILLE LANCASTER LAWRENCE LEICESTER LEOMINSTER LITTLETON LOWELL LUNENBURG MANSFIELD MARLBOROUGH MARSHFIELD MAYNARD MEDWAY MERRIMAC METHUEN MIDDLEBOROUGH MILLBURY MILLIS NEWBURY NEWBURYPORT NORTH ANDOVER NORTH ATTLEBOROUGH NORTH READING NORTHBOROUGH NORTHBRIDGE NORTON NORWELL PAXTON PEMBROKE PLYMOUTH PLYMPTON PRINCETON RAYNHAM REHOBOTH ROCHESTER ROCKLAND ROCKPORT ROWLEY SALISBURY SCITUATE SEEKONK SHERBORN SHIRLEY SHREWSBURY SOUTHBOROUGH STERLING STOUGHTON STOW SUDBURY SUTTON TAUNTON TEWKSBURY TOWNSEND TYNGSBOROUGH UPTON WAREHAM WAYLAND WEST BOYLSTON WEST BRIDGEWATER WEST NEWBURY WESTBOROUGH WESTFORD WESTMINSTER WHITMAN WORCESTER WRENTHAM Total Other Served Communities Total Total Local Aid 16,082 19,762 4,765 11,125 10,974 350 50,447 8,995 23,959 2,382 5,445 13,729 7,243 859 1,068 3,857 7,040 1,477 4,506 50,389 2,428 11,170 8,382 6,925 5,792 3,323 1,096 137,168 12,010 37,627 2,848 156,853 5,009 14,288 15,745 16,300 5,138 7,983 1,250 36,867 18,599 7,426 4,265 1,488 7,258 9,658 20,473 6,121 5,078 14,111 13,962 3,872 627 7,325 29,350 884 920 1,703 1,148 2,130 13,383 3,145 1,093 784 6,811 6,330 970 5,368 11,649 3,766 773 13,780 474 8,431 6,903 48,677 16,294 1,393 8,459 677 15,623 5,071 4,281 3,268 361 5,499 16,071 868 2,504 211,862 5,157 1,619,784 All Other Assessments 236 53 121 70 309 539 131 728 120 39 1,076 31 20 23 36 75 44 148 418 90 47 86 80 70 19 1,383 68 530 39 804 57 347 84 130 13 89 29 258 137 90 294 88 118 552 885 83 40 238 436 38 86 365 22 173 230 45 451 190 43 54 111 231 27 18 177 53 27 793 27 11 37 767 247 12 13 12 601 13 50 260 101 65 34 48 1,989 94 24,791 3,232,840 47,116 FY2001 Assessment 13 263 27 20 36 11 10 10 246 12 15 0 17 14 12 5 0 0 0 13 439 13 15 0 170 0 261 18 195 310 3 10 313 327 84 0 0 296 0 248 11 12 11 13 3,959 142,882 Net Local Total Local Aid Aid 15,846 15,058 19,696 19,173 4,381 4,504 11,053 11,003 10,638 10,533 344 362 49,909 45,578 8,844 8,778 23,195 22,121 2,251 2,309 5,396 5,270 12,653 13,518 7,202 7,201 839 851 1,037 1,056 3,811 3,828 6,719 6,663 1,421 1,503 4,344 4,291 49,972 49,409 2,337 2,388 11,106 10,783 8,361 5,361 6,827 6,948 5,707 5,454 3,248 3,364 1,078 1,065 135,785 126,220 11,942 10,859 37,097 37,077 2,808 2,614 156,049 141,966 4,952 4,529 13,928 13,115 15,661 14,433 15,730 14,488 5,113 4,805 7,879 7,459 1,221 1,244 36,609 33,786 18,457 18,116 7,336 7,180 3,801 3,710 1,392 1,496 7,140 7,076 9,106 8,922 19,588 18,996 5,851 5,998 4,996 5,112 14,053 14,502 13,716 13,213 3,241 3,691 584 599 6,928 6,730 28,982 28,455 859 828 909 861 1,520 1,712 917 1,150 2,079 2,078 12,619 13,364 2,954 3,056 1,043 1,079 722 940 6,373 6,636 6,094 6,111 858 952 5,350 4,845 11,472 10,596 3,708 3,380 747 809 12,987 13,173 440 482 8,123 5,776 6,865 6,245 47,910 47,634 16,047 16,038 1,379 1,419 8,442 7,627 657 643 15,022 15,518 4,810 4,778 4,231 4,225 3,004 3,182 354 378 5,386 5,236 15,994 13,164 835 832 2,444 2,427 209,874 200,086 5,050 5,123 1,591,027 1,515,897 3,042,836 Italicized communities will pay a Regional Transportation Authority Assessment 3,057,419 E-5 All Other Assessments 217 70 113 66 284 13 533 139 663 115 52 1,063 34 19 33 33 73 42 105 476 90 37 116 72 65 19 1,387 72 521 42 709 69 304 114 123 13 92 36 316 128 85 257 96 156 515 826 79 18 197 408 34 82 355 20 159 222 41 376 199 53 71 103 222 28 21 180 66 33 749 25 13 34 742 203 12 14 12 551 10 38 229 11 101 58 34 47 1,834 96 23,706 45,188 FY2000 Assessment 0 305 0 0 0 0 0 0 287 0 0 0 0 0 0 0 0 0 512 0 0 0 200 0 0 306 0 228 362 0 0 0 363 0 381 99 0 0 0 346 0 0 0 290 0 0 0 0 4,014 144,580 Net Local Total Local Aid Aid 14,841 13,716 19,103 16,962 4,086 3,739 10,937 10,502 10,249 9,705 349 1,031 45,045 43,325 8,639 8,066 21,458 20,620 2,194 2,102 5,217 4,990 12,456 12,540 7,167 6,749 832 784 1,024 1,003 3,795 3,643 6,303 6,106 1,461 1,384 4,186 3,960 48,933 47,100 2,298 2,258 10,746 8,358 5,355 4,803 6,832 4,493 5,382 3,629 3,298 3,172 1,046 987 124,834 121,079 10,786 10,443 36,556 35,283 2,572 2,021 141,257 135,484 4,460 4,182 12,811 12,211 14,319 13,339 13,852 13,568 4,792 4,424 7,366 6,902 1,208 1,186 33,470 31,655 17,988 16,372 7,095 6,748 3,253 3,457 1,400 1,444 6,921 6,574 8,407 7,627 18,170 17,956 5,685 5,331 5,033 4,254 14,484 13,328 13,017 12,202 3,056 3,293 565 546 6,286 6,259 28,100 25,040 808 761 852 849 1,552 1,652 928 1,066 2,037 1,829 12,624 12,613 2,856 2,852 1,026 1,033 869 842 6,151 5,856 5,888 5,688 826 590 4,824 4,625 10,416 9,596 3,315 2,560 775 749 12,424 12,157 457 447 5,417 5,169 6,211 4,466 46,892 45,231 15,835 14,121 1,408 1,291 7,613 7,080 631 595 14,968 14,666 4,477 4,188 4,187 3,704 2,953 2,945 367 354 5,135 4,571 13,106 10,127 798 790 2,380 2,240 198,252 189,197 5,027 4,776 1,488,176 1,407,579 2,867,653 2,849,632 All Other Assessments 280 99 102 68 285 523 137 555 113 29 1,032 28 34 21 32 70 40 84 392 88 63 32 78 68 63 18 1,296 68 513 62 802 69 298 175 125 30 90 27 251 125 60 205 78 108 388 799 34 81 17 195 326 40 79 360 19 157 216 39 354 171 38 54 100 220 44 27 178 67 33 713 38 56 34 733 246 23 26 12 517 47 36 210 89 105 33 43 1,786 95 22,824 44,837 0 308 0 0 0 0 0 0 290 0 0 0 0 0 0 0 0 0 518 0 0 0 203 0 0 310 0 230 365 0 0 0 367 0 386 100 0 0 0 350 0 0 0 294 0 0 0 0 4,060 Net Local Aid 13,436 16,863 3,329 10,434 9,420 1,027 42,803 7,929 20,065 1,989 4,961 11,508 6,721 750 982 3,611 5,746 1,344 3,876 46,708 2,170 8,295 4,771 4,415 3,560 3,109 969 119,783 10,374 34,770 1,959 134,682 4,113 11,913 13,164 12,925 4,394 6,812 1,159 31,404 16,246 6,688 3,049 1,365 6,466 7,239 17,157 4,988 4,173 13,311 12,008 2,736 505 5,815 24,680 742 841 1,495 849 1,790 11,891 2,681 994 788 5,369 5,469 446 4,597 9,418 2,493 716 11,444 409 4,763 4,432 44,498 13,874 1,268 7,054 583 14,149 3,847 3,668 2,735 353 4,481 10,023 757 2,197 187,411 4,682 1,380,692 144,581 2,660,218 Assessment Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY1999 Municipality Total Local Aid All Other Assessments FY1998 Assessment Net Local Aid Total Local Aid All Other Assessments FY1990 Assessment Net Local Aid Total Local Aid All Other Assessments Assessment Net Local Aid FOURTEEN CITIES AND TOWNS ARLINGTON BELMONT BOSTON BROOKLINE CAMBRIDGE CHELSEA EVERETT MALDEN MEDFORD MILTON NEWTON REVERE SOMERVILLE WATERTOWN Total of Fourteen Cities and Towns 16,006 6,569 511,069 13,715 42,311 52,001 20,727 35,808 26,080 6,784 16,024 33,545 56,604 11,855 849,098 118 106 1,722 453 324 288 793 120 1,057 751 345 782 150 639 7,648 2,779 1,425 60,253 5,065 6,885 1,425 2,053 3,230 3,752 1,411 4,734 2,941 4,732 2,046 102,731 13,108 5,038 449,094 8,197 35,103 50,288 17,882 32,458 21,270 4,622 10,944 29,822 51,722 9,170 738,718 14,356 9,856 471,570 12,435 38,271 48,364 18,044 29,949 25,092 6,241 14,511 29,845 52,721 10,311 781,566 666 477 19,574 1,650 1,951 652 1,160 1,056 1,937 1,060 1,634 1,585 1,298 1,269 35,969 2,246 1,117 40,841 3,833 5,301 1,051 1,656 2,275 2,833 1,062 3,340 2,067 3,545 1,418 72,585 11,444 8,263 411,156 6,953 31,020 46,660 15,228 26,617 20,322 4,119 9,537 26,193 47,878 7,624 673,014 14,366 5,166 462,970 11,389 41,233 20,985 11,665 27,532 24,473 4,921 12,079 20,991 51,244 10,074 719,088 84 132 2,413 383 230 592 473 137 1,005 476 299 686 190 462 7,562 2,370 1,241 47,570 4,083 5,551 1,092 1,641 2,526 2,929 1,128 3,730 2,440 3,690 1,625 81,616 11,912 3,794 412,987 6,923 35,452 19,301 9,551 24,869 20,539 3,317 8,050 17,865 47,365 7,987 629,912 FIFTY-ONE CITIES AND TOWNS BEDFORD BEVERLY BRAINTREE BURLINGTON CANTON COHASSET CONCORD DANVERS DEDHAM DOVER FRAMINGHAM HAMILTON HINGHAM HOLBROOK HULL LEXINGTON LINCOLN LYNN LYNNFIELD MANCHESTER MARBLEHEAD MEDFIELD MELROSE MIDDLETON NAHANT NATICK NEEDHAM NORFOLK NORWOOD PEABODY QUINCY RANDOLPH READING SALEM SAUGUS SHARON STONEHAM SWAMPSCOTT TOPSFIELD WAKEFIELD WALPOLE WALTHAM WELLESLEY WENHAM WESTON WESTWOOD WEYMOUTH WILMINGTON WINCHESTER WINTHROP WOBURN Total of Fifty-One Cities and Towns 3,362 12,532 11,374 6,503 4,701 1,752 3,548 7,133 6,892 449 19,537 704 4,851 5,558 6,849 7,520 2,441 107,712 2,826 826 3,241 3,932 11,569 1,295 771 9,308 6,212 3,719 8,977 21,464 37,076 15,252 9,969 21,341 7,575 5,546 6,834 3,417 1,225 7,849 7,482 18,174 5,656 495 2,417 2,896 26,789 5,650 4,226 9,518 11,422 498,367 44 147 999 72 199 343 67 123 607 107 155 27 724 340 40 133 27 273 445 36 100 119 85 24 17 128 326 77 231 1,073 508 631 62 839 637 153 346 59 24 75 188 182 374 16 58 162 1,294 90 81 291 755 13,913 331 931 1,051 769 515 162 367 606 733 118 1,516 175 536 338 282 846 208 2,094 282 127 543 254 903 120 145 804 705 226 811 1,086 3,730 938 635 994 825 437 543 437 141 719 550 1,417 585 85 226 338 1,608 430 585 536 1,001 34,344 2,986 11,454 9,325 5,662 3,988 1,246 3,115 6,403 5,552 224 17,866 501 3,591 4,880 6,527 6,541 2,207 105,344 2,100 664 2,598 3,559 10,582 1,151 610 8,376 5,181 3,417 7,935 19,305 32,837 13,683 9,273 19,508 6,113 4,955 5,946 2,921 1,060 7,055 6,744 16,575 4,696 395 2,133 2,395 23,887 5,130 3,560 8,691 9,665 450,112 3,053 11,735 10,601 5,799 4,259 1,603 3,245 5,995 6,391 383 18,132 658 4,391 5,343 6,279 6,920 2,352 97,371 2,592 738 2,877 3,611 11,024 889 706 7,998 5,697 3,349 8,418 18,924 34,867 13,576 8,164 19,173 7,102 5,109 6,471 3,046 1,090 7,309 7,009 17,125 5,086 469 2,232 2,630 24,784 5,261 3,831 8,756 10,711 455,134 152 561 1,217 326 415 371 204 404 790 143 752 109 808 382 164 359 86 992 574 129 359 224 293 106 71 456 534 213 451 1,453 1,697 914 253 1,146 874 331 526 237 103 283 421 611 547 61 112 236 1,719 241 220 389 995 25,014 215 586 751 484 265 97 222 411 517 73 849 116 347 255 147 589 140 1,447 178 72 379 135 669 62 110 445 464 73 549 728 2,470 575 408 628 572 233 353 301 81 483 287 924 402 59 167 246 1,089 252 423 439 714 22,481 2,686 10,587 8,633 4,990 3,579 1,135 2,820 5,180 5,084 167 16,530 433 3,237 4,706 5,969 5,972 2,126 94,931 1,840 536 2,139 3,253 10,062 721 524 7,098 4,700 3,062 7,419 16,742 30,700 12,087 7,504 17,399 5,656 4,545 5,592 2,508 906 6,543 6,302 15,589 4,137 349 1,953 2,148 21,977 4,768 3,188 7,927 9,001 407,640 2,463 10,806 9,931 5,670 3,881 1,467 2,633 5,576 5,966 297 15,636 652 3,430 4,731 4,688 5,239 1,426 52,323 2,115 544 2,306 2,645 11,161 626 660 7,510 3,732 1,386 8,427 16,946 35,451 10,457 6,118 13,496 6,540 3,778 6,219 2,569 932 6,661 5,159 16,405 3,706 483 1,748 1,990 21,675 5,349 3,134 8,306 10,290 365,339 44 346 646 97 150 183 46 296 411 55 140 80 353 190 61 96 14 995 311 101 314 72 107 63 48 92 267 42 180 932 487 317 52 713 451 92 227 157 68 60 117 205 318 36 45 105 779 51 74 249 311 11,646 276 755 897 643 414 139 301 487 647 106 1,149 157 484 296 219 746 165 1,483 251 99 456 211 772 96 125 608 621 140 690 892 3,056 720 558 730 632 328 446 385 119 588 404 1,059 479 70 230 329 1,380 356 492 521 811 28,018 2,144 9,704 8,388 4,929 3,317 1,145 2,287 4,792 4,908 136 14,347 414 2,592 4,246 4,407 4,397 1,247 49,845 1,552 344 1,536 2,362 10,283 467 487 6,810 2,844 1,204 7,557 15,122 31,909 9,421 5,508 12,053 5,457 3,359 5,546 2,027 745 6,013 4,638 15,140 2,910 377 1,474 1,555 19,515 4,942 2,568 7,536 9,168 325,674 OTHER SERVED COMMUNITIES ABINGTON ACTON AMESBURY ANDOVER ASHBURNHAM ASHBY ASHLAND ATTLEBORO AUBURN AYER BELLINGHAM BERKLEY BILLERICA BOXBOROUGH BOXFORD BRIDGEWATER BROCKTON CARLISLE CARVER 7,503 3,101 11,881 8,508 694 413 3,906 29,375 5,094 4,827 9,220 4,545 19,632 945 1,878 4,289 109,317 1,346 10,606 53 73 386 929 16 52 518 79 41 116 67 575 26 31 169 1,803 18 76 0 0 0 331 0 0 0 0 0 0 7,450 3,028 11,495 7,579 677 407 3,522 28,857 5,015 4,786 9,104 4,478 19,057 919 1,847 4,120 107,514 1,329 10,530 7,124 2,735 9,950 7,794 627 376 2,771 26,353 4,704 4,709 8,404 3,734 18,232 460 1,697 3,974 100,925 1,249 9,433 49 73 430 1,003 23 218 508 80 39 116 69 575 26 69 197 1,749 18 71 0 0 0 147 0 0 0 0 0 0 7,075 2,662 9,520 6,791 604 370 2,405 25,845 4,624 4,670 8,288 3,665 17,657 434 1,628 3,777 99,176 1,232 9,362 5,597 2,158 6,618 4,934 468 221 2,055 15,310 4,195 4,210 6,649 1,732 13,540 284 892 5,817 58,748 968 2,725 25 49 293 749 10 27 402 68 25 70 31 357 11 86 132 1,742 29 0 0 0 257 0 0 0 0 0 0 5,572 2,110 6,325 4,185 458 219 1,771 14,908 4,127 4,185 6,579 1,701 13,183 273 806 5,685 57,006 959 2,696 Italicized communities will pay a Regional Transportation Authority Assessment E-6 Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY1999 Municipality CHELMSFORD DRACUT DUXBURY EAST BRIDGEWATER EASTON ESSEX FITCHBURG FOXBOROUGH FRANKLIN FREETOWN GEORGETOWN GLOUCESTER GRAFTON GROTON GROVELAND HALIFAX HANOVER HANSON HARVARD HAVERHILL HOLDEN HOLLISTON HOPKINTON IPSWICH KINGSTON LAKEVILLE LANCASTER LAWRENCE LEICESTER LEOMINSTER LITTLETON LOWELL LUNENBURG MANSFIELD MARLBOROUGH MARSHFIELD MAYNARD MEDWAY MERRIMAC METHUEN MIDDLEBOROUGH MILLBURY MILLIS NEWBURY NEWBURYPORT NORTH ANDOVER NORTH ATTLEBOROUGH NORTH READING NORTHBOROUGH NORTHBRIDGE NORTON NORWELL PAXTON PEMBROKE PLYMOUTH PLYMPTON PRINCETON RAYNHAM REHOBOTH ROCHESTER ROCKLAND ROCKPORT ROWLEY SALISBURY SCITUATE SEEKONK SHERBORN SHIRLEY SHREWSBURY SOUTHBOROUGH STERLING STOUGHTON STOW SUDBURY SUTTON TAUNTON TEWKSBURY TOWNSEND TYNGSBOROUGH UPTON WAREHAM WAYLAND WEST BOYLSTON WEST BRIDGEWATER WEST NEWBURY WESTBOROUGH WESTFORD WESTMINSTER WHITMAN WORCESTER WRENTHAM Total Other Served Communities Total Total Local Aid 12,466 16,030 3,214 9,923 9,011 953 37,701 7,318 17,360 1,844 3,272 11,513 5,852 709 940 3,447 5,741 1,522 3,657 43,776 1,954 6,738 3,411 4,052 3,252 3,062 892 110,464 9,415 30,958 1,760 130,287 3,839 10,521 10,735 12,580 4,203 6,248 1,122 29,197 16,162 6,268 3,063 1,386 6,163 6,842 15,707 4,912 3,251 12,066 10,143 2,982 482 5,873 23,445 744 798 1,545 970 1,519 11,594 2,533 980 749 5,285 4,338 509 4,286 8,694 1,154 678 11,290 403 4,420 4,144 40,283 12,296 1,139 6,307 541 13,393 3,667 2,770 2,737 324 3,983 7,597 700 2,030 172,805 4,205 1,278,174 All Other Assessments 265 104 94 64 264 16 493 132 458 110 43 991 27 34 29 30 67 38 88 483 83 64 32 102 59 58 18 1,177 60 479 51 811 68 290 166 113 28 86 31 316 111 52 159 87 169 401 714 34 73 18 183 253 34 74 295 18 148 206 36 345 170 14 60 94 216 41 23 154 54 31 663 38 56 33 702 242 23 25 12 429 50 36 191 14 84 105 29 40 1,821 84 21,907 2,625,639 43,468 FY1998 Assessment 0 296 0 0 0 0 0 0 282 0 0 0 0 0 0 0 0 0 508 0 0 0 197 0 0 303 0 226 360 0 0 0 360 0 381 99 0 0 0 346 0 0 0 289 0 0 0 0 3,978 141,053 Net Local Total Local Aid Aid 12,201 11,309 15,925 14,385 2,824 2,862 9,859 8,924 8,747 7,161 938 772 37,208 33,968 7,185 6,714 16,901 14,465 1,734 1,870 3,229 2,811 10,522 10,033 5,825 5,196 675 641 912 890 3,417 3,146 5,392 5,130 1,484 1,436 3,570 3,435 43,293 40,617 1,872 1,789 6,674 6,148 3,379 3,182 3,950 3,782 3,193 2,881 3,004 2,434 874 816 109,287 100,507 9,355 8,003 30,479 27,397 1,709 1,593 129,476 119,936 3,771 3,701 10,231 8,553 10,569 9,628 11,960 10,584 4,175 3,745 6,162 5,221 1,091 1,070 28,880 27,019 16,052 15,207 6,217 5,840 2,706 2,854 1,299 1,340 5,994 5,840 6,441 5,241 14,993 13,953 4,576 4,348 3,178 2,955 12,048 11,208 9,960 8,851 2,504 2,762 448 434 5,440 5,422 23,150 21,231 725 710 790 765 1,397 1,418 764 897 1,483 1,444 10,889 10,616 2,363 2,321 966 936 690 672 4,810 4,944 4,122 3,997 370 460 4,263 3,865 8,539 7,851 1,100 1,008 647 621 10,627 10,285 365 369 4,019 3,519 4,111 3,414 39,580 36,346 12,054 11,386 1,116 1,032 6,281 5,702 529 500 12,964 12,472 3,327 3,366 2,734 2,447 2,546 2,578 311 502 3,899 2,925 7,491 6,121 671 640 1,989 1,875 170,983 162,771 4,120 3,983 1,252,287 1,161,249 2,441,117 Italicized communities will pay a Regional Transportation Authority Assessment 2,397,949 E-7 All Other Assessments 259 106 265 52 255 32 482 126 434 112 64 1,009 26 27 44 28 176 36 91 561 92 58 34 150 65 67 18 1,251 67 460 59 804 66 278 166 356 -107 83 26 481 107 55 271 106 182 490 653 125 62 19 179 336 34 228 274 17 144 203 33 453 202 31 85 211 210 99 22 164 52 30 686 37 180 36 699 230 23 25 13 400 113 21 182 30 77 96 27 46 1,653 81 23,718 84,701 FY1990 Assessment 0 110 0 0 0 0 0 0 157 0 0 0 0 0 0 0 0 0 236 142 0 0 87 0 0 198 0 135 188 0 0 0 226 0 242 55 0 0 0 205 0 0 0 209 0 0 0 0 2,337 97,403 Net Local Total Local Aid Aid 11,050 8,983 14,279 8,058 2,487 2,707 8,873 4,409 6,906 5,282 740 532 33,487 21,060 6,588 4,251 14,031 6,806 1,758 1,557 2,748 1,965 9,025 7,779 5,169 3,452 615 782 846 1,187 3,118 1,798 4,797 4,371 1,400 3,261 3,344 3,014 40,055 21,882 1,697 3,168 6,090 4,071 3,149 1,584 3,632 3,041 2,816 1,461 2,368 1,647 797 1,961 99,256 52,902 7,936 4,989 26,938 14,670 1,533 1,270 119,132 57,298 3,635 2,795 8,275 3,743 9,462 9,328 9,992 6,744 3,709 3,520 5,138 2,938 1,045 1,456 26,537 12,463 15,100 8,187 5,785 4,879 2,496 2,014 1,235 769 5,658 5,607 4,751 3,820 13,300 8,327 4,025 3,196 2,893 2,222 11,189 6,517 8,672 5,718 2,291 2,352 399 685 5,005 3,186 20,957 4,555 693 416 757 529 1,274 2,993 694 575 1,411 1,124 9,937 7,983 2,119 1,721 906 1,249 587 1,411 4,492 4,154 3,788 3,268 307 409 3,844 2,465 7,686 5,463 957 762 591 1,088 9,599 8,707 332 738 3,134 2,837 3,378 3,060 35,647 25,635 11,156 8,653 1,009 799 5,677 2,135 487 492 12,072 6,098 3,043 2,600 2,426 1,464 2,396 2,019 472 731 2,848 2,091 6,025 3,924 613 479 1,830 4,975 161,118 101,080 3,902 1,951 1,135,201 719,418 2,215,855 1,803,845 All Other Assessments 185 67 66 29 230 39 448 73 277 70 62 897 31 22 39 10 27 28 27 663 60 31 16 132 25 27 12 960 63 308 53 688 200 113 57 19 47 28 475 40 45 95 60 220 368 380 44 42 15 130 139 30 45 161 93 130 191 210 36 94 56 142 25 94 15 15 341 14 28 715 134 19 25 220 26 15 96 32 32 56 32 1,270 41 16,786 35,994 0 223 0 0 0 0 0 0 213 0 0 0 0 0 0 0 0 0 421 0 0 0 159 0 0 251 0 209 296 0 0 0 290 0 332 92 0 0 0 288 0 0 0 284 0 0 0 0 3,315 Net Local Aid 8,798 7,990 2,418 4,380 5,052 493 20,612 4,178 6,529 1,486 1,903 6,883 3,421 760 1,148 1,787 4,130 3,233 2,987 21,219 3,108 4,039 1,568 2,909 1,437 1,620 1,949 51,941 4,927 14,362 1,217 56,610 2,787 3,543 9,215 6,266 3,501 2,891 1,428 11,988 8,148 4,834 1,760 709 5,387 3,452 7,946 2,901 2,180 6,502 5,588 2,004 655 2,845 4,394 408 527 2,900 445 1,116 7,502 1,510 1,213 1,317 3,766 3,126 292 2,458 5,370 747 1,073 8,366 724 2,520 3,051 24,920 8,519 780 2,110 490 5,878 2,290 1,449 1,923 699 2,059 3,867 470 4,943 99,810 1,910 699,314 112,949 1,654,900 Assessment Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY1985 Municipality Total Local Aid All Other Assessments Assessment Net Local Aid FOURTEEN CITIES AND TOWNS ARLINGTON BELMONT BOSTON BROOKLINE CAMBRIDGE CHELSEA EVERETT MALDEN MEDFORD MILTON NEWTON REVERE SOMERVILLE WATERTOWN Total of Fourteen Cities and Towns 11,791 3,962 354,242 10,627 35,358 13,661 8,080 20,059 16,301 3,898 13,708 17,525 36,906 8,897 555,015 2,247 1,555 7,544 3,013 3,759 837 2,622 1,970 2,870 1,371 5,447 1,445 2,817 1,826 39,323 2,273 1,134 42,103 3,883 5,270 1,059 1,671 2,285 2,851 1,080 3,391 2,090 3,583 1,437 74,110 7,271 1,274 304,595 3,730 26,328 11,765 3,787 15,804 10,581 1,447 4,870 13,990 30,506 5,633 441,581 FIFTY-ONE CITIES AND TOWNS BEDFORD BEVERLY BRAINTREE BURLINGTON CANTON COHASSET CONCORD DANVERS DEDHAM DOVER FRAMINGHAM HAMILTON HINGHAM HOLBROOK HULL LEXINGTON LINCOLN LYNN LYNNFIELD MANCHESTER MARBLEHEAD MEDFIELD MELROSE MIDDLETON NAHANT NATICK NEEDHAM NORFOLK NORWOOD PEABODY QUINCY RANDOLPH READING SALEM SAUGUS SHARON STONEHAM SWAMPSCOTT TOPSFIELD WAKEFIELD WALPOLE WALTHAM WELLESLEY WENHAM WESTON WESTWOOD WEYMOUTH WILMINGTON WINCHESTER WINTHROP WOBURN Total of Fifty-One Cities and Towns 2,383 7,947 8,460 6,171 4,085 1,513 2,895 4,914 5,175 531 12,747 683 3,866 3,791 4,274 5,316 1,231 36,841 2,177 786 2,739 2,835 8,670 683 533 6,655 4,407 1,171 6,288 13,595 29,549 8,775 4,952 10,633 5,718 3,626 5,106 2,539 977 5,038 4,655 12,419 4,780 459 2,377 2,447 17,019 4,324 3,984 6,261 8,303 307,303 525 858 1,644 904 896 212 484 615 1,064 287 1,972 203 957 246 225 1,700 206 1,573 389 229 843 180 1,347 120 183 904 1,487 102 1,218 1,101 3,605 723 682 933 1,156 255 1,144 554 185 1,186 498 3,306 1,498 82 776 671 1,823 530 1,177 725 1,458 45,641 222 606 768 493 285 101 230 427 537 77 887 119 356 262 154 610 146 1,477 187 75 393 141 690 65 113 468 483 77 573 762 2,560 593 425 649 587 248 370 314 85 500 302 949 417 62 176 258 1,127 262 439 440 736 23,283 1,636 6,484 6,049 4,774 2,903 1,200 2,181 3,872 3,574 167 9,888 361 2,554 3,282 3,896 3,005 879 33,791 1,601 481 1,502 2,514 6,633 499 236 5,283 2,437 991 4,497 11,732 23,384 7,458 3,846 9,051 3,975 3,123 3,592 1,671 707 3,352 3,855 8,165 2,864 315 1,425 1,518 14,069 3,532 2,369 5,096 6,109 238,378 OTHER SERVED COMMUNITIES ABINGTON ACTON AMESBURY ANDOVER ASHBURNHAM ASHBY ASHLAND ATTLEBORO AUBURN AYER BELLINGHAM BERKLEY BILLERICA BOXBOROUGH BOXFORD BRIDGEWATER BROCKTON CARLISLE CARVER 4,089 2,330 4,836 5,345 789 171 2,016 10,382 3,404 3,235 5,012 785 10,709 360 747 4,362 42,261 596 1,689 173 437 289 999 91 29 263 703 412 127 170 60 730 81 196 267 2,248 115 122 0 0 0 154 0 0 0 0 0 0 3,916 1,893 4,547 4,346 698 142 1,599 9,679 2,992 3,108 4,842 725 9,979 278 551 4,094 40,014 481 1,567 Italicized communities will pay a Regional Transportation Authority Assessment E-8 Data Provided by Massachusetts Department of Revenue - Division of Local Services - Local Aid Section FY1985 Municipality CHELMSFORD DRACUT DUXBURY EAST BRIDGEWATER EASTON ESSEX FITCHBURG FOXBOROUGH FRANKLIN FREETOWN GEORGETOWN GLOUCESTER GRAFTON GROTON GROVELAND HALIFAX HANOVER HANSON HARVARD HAVERHILL HOLDEN HOLLISTON HOPKINTON IPSWICH KINGSTON LAKEVILLE LANCASTER LAWRENCE LEICESTER LEOMINSTER LITTLETON LOWELL LUNENBURG MANSFIELD MARLBOROUGH MARSHFIELD MAYNARD MEDWAY MERRIMAC METHUEN MIDDLEBOROUGH MILLBURY MILLIS NEWBURY NEWBURYPORT NORTH ANDOVER NORTH ATTLEBOROUGH NORTH READING NORTHBOROUGH NORTHBRIDGE NORTON NORWELL PAXTON PEMBROKE PLYMOUTH PLYMPTON PRINCETON RAYNHAM REHOBOTH ROCHESTER ROCKLAND ROCKPORT ROWLEY SALISBURY SCITUATE SEEKONK SHERBORN SHIRLEY SHREWSBURY SOUTHBOROUGH STERLING STOUGHTON STOW SUDBURY SUTTON TAUNTON TEWKSBURY TOWNSEND TYNGSBOROUGH UPTON WAREHAM WAYLAND WEST BOYLSTON WEST BRIDGEWATER WEST NEWBURY WESTBOROUGH WESTFORD WESTMINSTER WHITMAN WORCESTER WRENTHAM Total Other Served Communities Total Italicized communities will pay a Regional Transportation Authority Assessment Total Local Aid 8,122 6,376 2,937 3,147 4,349 535 13,598 3,892 5,492 1,006 1,661 6,554 2,996 662 927 1,146 3,589 2,320 2,403 16,410 2,294 3,664 1,519 2,716 1,064 780 1,466 31,464 3,500 9,932 1,277 38,701 2,313 2,934 7,860 5,321 2,456 2,668 1,042 8,333 5,095 4,148 1,750 717 3,961 3,489 5,638 3,025 2,040 4,166 4,642 2,557 621 2,681 4,989 276 501 2,071 1,477 470 6,387 764 640 1,092 4,450 2,390 547 2,130 4,463 1,064 1,050 6,264 798 3,003 1,546 17,312 7,177 534 1,491 426 3,517 2,930 1,315 1,725 507 2,594 3,671 759 3,590 76,577 1,355 538,926 All Other Assessments 631 315 336 154 364 74 730 259 309 179 126 934 249 161 92 73 217 132 196 918 385 241 110 280 128 125 147 1,200 202 791 161 1,481 214 433 524 408 174 157 61 763 262 247 120 140 335 577 477 230 325 225 233 252 97 243 931 41 68 200 228 70 274 294 96 162 399 358 152 69 679 249 138 664 124 357 152 776 380 119 102 91 390 346 186 154 65 468 269 142 178 3,166 112 38,358 1,401,244 123,322 E-9 0 114 0 0 0 0 0 0 164 0 0 0 0 0 0 0 0 0 246 0 0 0 91 0 0 207 0 141 197 0 0 0 236 0 253 57 0 0 0 214 0 0 0 220 0 0 0 0 2,294 Net Local Aid 7,491 6,061 2,487 2,993 3,985 461 12,868 3,632 5,183 827 1,535 5,620 2,747 500 835 1,073 3,209 2,188 2,207 15,492 1,909 3,423 1,409 2,436 935 655 1,320 30,264 3,298 9,141 1,116 37,220 2,099 2,502 7,336 4,668 2,282 2,511 981 7,570 4,833 3,901 1,539 577 3,626 2,912 5,161 2,588 1,715 3,941 4,408 2,164 524 2,241 4,059 234 433 1,872 1,249 401 5,876 471 544 930 3,799 2,032 338 2,061 3,784 815 911 5,600 673 2,431 1,394 16,536 6,798 416 1,388 336 3,127 2,364 1,129 1,571 441 2,125 3,402 617 3,412 73,411 1,243 498,273 99,687 1,178,232 Assessment LIST OF REFUNDED BONDS APPENDIX F The bonds of the Authority to be refunded from the proceeds of the 2004 Series C Bonds are described below Maturity or Sinking Fund Installment Date 03/01/2013 03/01/2014 03/01/2015 03/01/2016 03/01/2017 03/01/2018 03/01/2019 03/01/2020 03/01/2021 03/01/2022 03/01/2023 03/01/2024 03/01/2025 Interest Rate 5.250% 5.250% 5.250% 5.250% 5.250% 5.375% 5.375% 5.375% 5.375% 5.375% 5.375% 5.375% 5.375% Par Amount 6,825,000 7,180,000 7,560,000 7,955,000 8,370,000 8,810,000 9,285,000 9,785,000 10,310,000 10,865,000 11,450,000 12,065,000 12,710,000 Redemption Date 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 03/01/2005 Redemption Price 101 101 101 101 101 101 101 101 101 101 101 101 101 General Transportation System Bonds, 1996 Series A 03/01/2016 03/01/2017 03/01/2018 03/01/2019 5.375% 5.375% 5.375% 5.375% 7,570,000 7,975,000 8,405,000 8,855,000 03/01/2006 03/01/2006 03/01/2006 03/01/2006 101 101 101 101 General Transportation System Bonds, 1996 Series B 03/01/2016 03/01/2017 03/01/2018 03/01/2019 03/01/2020 03/01/2025 03/01/2026 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 5.250% 7,610,000 8,010,000 4,680,000 8,875,000 9,340,000 12,065,000 12,700,000 03/01/2006 03/01/2006 03/01/2006 03/01/2006 03/01/2006 03/01/2006 03/01/2006 101 101 101 101 101 101 101 General Transportation System Bonds, 1998 Series B 03/01/2006 4.100% 2,960,000 * * Senior Sales Tax Bonds, Series 2000 A 07/01/2006 07/01/2007 4.500% 4.625% 3,435,000 11,465,000 * * * * Senior Sales Tax Bonds, Series 2002 A 07/01/2006 4.000% 7,145,000 * * Assessment Bonds, 2004 Series A 07/01/2015 07/01/2016 07/01/2017 07/01/2018 5.250% 5.250% 5.250% 5.250% 8,130,000 10,620,000 11,545,000 11,690,000 07/01/2014 07/01/2014 07/01/2014 07/01/2014 100 100 100 100 Bonds General Transportation System Bonds, 1995 Series B * Noncallable; escrowed to maturity ... Markets Clearing Corporation, (NSCC, GSCC, MBSCC, and EMCC, also subsidiaries of DTCC), as well as the New York Stock Exchange, Inc., the American Stock Exchange, LLC, and the National Association... Service Fund Interest Account Principal Account Senior Debt Service Fund (Includes CP Program) Interest Account DSRF Principal Account Senior DSRF Subordinated Debt Service Fund Interest Account... issuance of a Series of Sales Tax Bonds, with respect to such Sales Tax Bonds, income from Investment Obligations purchased from the proceeds of such Sales Tax Bonds held in the Bond Proceeds