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CAPITAL EXPENDITURES COMMITTEE REPORT TO 2022 ATM& STMs 2022-1 & -2
<br /> surcharge. (That will increase the total to 10 municipalities initially eligible for that supplemental as the 9
<br /> adopters the year before are now also eligible.) The original State supplement "matched" the total of each
<br /> municipality's surcharge receipts,but as more municipalities opted into the program,the supplement level
<br /> to each has diminished. When the initial distribution to adopted municipalities was less than a 100%
<br /> surcharge collection match, the State began a proportional distribution. For those communities that have
<br /> adopted the maximum 3% surcharge, a second- and a third-round distribution is also calculated to
<br /> determine their final supplemental funding
<br /> See the Table below for the lifetime history of supplemental distributions to Lexington, including the
<br /> projection for FY2023. The footnotes include those years in which there was an added State Community
<br /> Preservation Act Trust Fund (CPATF) distribution because of an allocation of a portion of any surplus in
<br /> the State's budget at its close. (See more details following the table.)
<br /> Year in which Prior-Year's CPA State Supplement Percentage Total
<br /> Surcharge supplement Supplement
<br /> �
<br /> received Collected 1st Round nd Round 3rd Round Total Amount TSA
<br /> FY2008 Actual $2,556,362 100.0% N/A N/A 100.0% $2,556,362
<br /> FY2009 Actual $2,777,882 67.6% 1.8% N/A 69.4% $1,927,708
<br /> FY2010 Actual $2,931,678 34.8% 0.9% 1 0.5% 36.2% $1,060,390
<br /> FY2011 Actual $3,042,587 27.2% 0.6% 0.4% 28.2% $858,729
<br /> FY2012 Actual $3,206,117 26.6% 0.6% 0.4% 27.6% $885,463
<br /> FY2013 (Actual)2 $3,344,371 26.8% 0.6% 0.4% 27.8% $929,507
<br /> FY2014 Actual $3,572,460 52.2% 1.1% 0.7% 54.1% $1,932,347
<br /> FY2015(Actual)4 $3,777,676 31.5% 0.7% 0.4% 32.6% $1,230,116
<br /> FY2016 Actuals $4,012,883 29.7% 0.6% 0.4% 30.7% $1,229,774
<br /> FY2017 Actuals $4,217,305 20.6% 0.4% 0.3% 21.3% $897,243
<br /> FY2018 (Actual)7 $4,442,893 17.2% 0.4% 0.2% 17.8% $789,905
<br /> FY2019 Actuals $4,659,786 19.0% 0.5% 0.3% 19.8% $922,256
<br /> FY2020 Actuals $4,911,223 23.9% 0.6% 0.4% 24.8% $1,219,950
<br /> FY2021 Actual $5,214,556 28.6% 0.7% 0.4% 29.7% $1,549,955
<br /> FY2022 (Actual)10 $5,492,511 39.4% 0.9% 0.6% 45.5% $2,500,261
<br /> Total Actual: $58,160,290 Received to date: 35.2% $20,489,966
<br /> FY2023 (Projected)'1 $5,700,000 TBD TBD TBD 38.0% $2,166,000
<br /> otals including rojected: $63,860,290 1 35.5% $22,655,966
<br /> 1 The "actuals"are the net amounts as used by the State; the "projected"is the Town's projection for the net
<br /> collection.
<br /> 2 The TSA includes $255 to correct an underpayment in FY2012 from an error with Phillipston's surcharge.
<br /> 3 TSA reflects additional supplement as $25 million added to the State's CPA Trust Fund as State finished
<br /> FY2013 with a surplus permitting the maximum amount authorized by the State Legislature to go into that Fund.
<br /> 4 TSA reflects additional supplement as $11.4 million added to the State's CPA Trust Fund as State finished
<br /> FY2014 with a surplus permitting the maximum amount authorized by the State Legislature to go into that Fund.
<br /> s TSA reflects additional supplement as $10 million added to the State's CPA Trust Fund as State finished
<br /> FY2015 with a surplus permitting the maximum amount authorized by the State Legislature to go into that Fund.
<br /> 6 There was no State budget surplus from FY2016 so, while the State Legislature authorized up to a$10 million
<br /> addition from any surplus, there was no subsequent State infusion into the State's CPA Trust Fund.
<br /> 7 TSA includes $168 deduction due to an update to FY2017 data after last year's distribution was made.
<br /> 8 TSA reflects additional supplement as $10 million added to the State's CPA Trust Fund as the State finished
<br /> FY2018 with a surplus permitting the maximum amount authorized by the State Legislature to go into that Fund.
<br /> 9 TSA reflects additional supplement as $20 million added to the State's CPA Trust Fund as the State finished
<br /> FY2019 with a surplus permitting the maximum amount authorized by the State Legislature to go into that Fund.
<br /> 10 TSA reflects additional supplement as $10 million added to the State's CPA Trust Fund as the State finished
<br /> FY2021 with a surplus permitting the maximum amount authorized by the State Legislature to go into that Fund.
<br /> 11 Not included would be any further increase resulting from the State deciding to infuse the State's DPA Trust
<br /> Fund with additional funding from a prior-year budget surplus, if any.
<br /> 8
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