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22 Hartford Business Journal • April 15, 2019 • www.HartfordBusiness.com Government Total revenue (2016) $42,323,060 Per capita tax $2,167 Total expenditures $47,367,764 Total indebtedness $38,326,782 as % of expenditures 80.9% Annual debt service $7,489,662 Moody's bond rating A1 Actual mill rate 33.37 Net Grand List $769,249,636 Housing stock Existing units 5,195 % single unit 71.6% New permits (2017) 9 as % of existing units 0.2% Residential sales 117 Median price $193,400 Median rent $960 Top 5 grand list Company Amount The Conn Light+Power Co. $12,823,690 Big Y Foods Inc. $5,797,970 Athena Stafford Springs Landlord LLC $5,738,110 CT Water Co. $5,324,060 TTM Printed Circuit Group Inc. $5,146,750 Town Profile Stafford Town Hall address: 1 Main St., Stafford Springs, CT, 06076 (860) 684-1777 News Around Town ■ ■ The town of Stafford in March recieved part of a $480,000 grant from the state Department of Housing to assist residents in town dealing with crumbling home foundations. ■ ■ Johnson Memorial Hospital, one of the biggest employers in town, will lose a portion of its Medicare reimbursement payments this year due to having high rates of patients being readmitted. ■ ■ The town of Stafford is celebrating its 300th birthday this year. General Land area (sq. miles) 58 Households 4,588 Median household income $63,681 Poverty rate 11.2% Crime rate (per 100,000 residents) 455 Population 2000 11,307 Projected 2020 12,172 Median age 42 Largest age demographic 45-64, (32%) Educational attainment (2016) Persons age 25 or older 67% of population High school graduate 35% Associate degree 10% Bachelor's or more 22% Labor Force (Residence) Employed 6,423 Unemployed 369 Unemployment rate 5.4% Places of work Total employers 256 Total employed 3,600 Economics Business profile Sector Units Employ- ment Construction 33 183 Manufacturing 16 1,068 Retail trade 35 354 Accommodation/food services 14 177 Health care/social assistance 16 878 Total government 17 491 Major Employers • Johnson Memorial Hospital • TTM Technologies • WIllington Name Plate • Evergreen Healthcare Center • 3M Purification Inc. Source: Connecticut Economic Resource Center www.cocommunications.com What does your website say about your brand?