Much discussion on assessments, but liittle talk on total tax rates. The two give the tax bill (semi-annual) that hits the wallet.
In Moultonborough, the tax rate went from $6.98/1000 to $4.78/1000 thanks in part to the $1.8 million returned (municipal) to the taxpayers. Thanks to Tummyman for being the "tip of the spear" that got that going. The select board finally followed town policy #32 keeping 12.5% for unassigned funds and still gave the $1.8 million back to the taxpayers.
https://www.moultonboroughnh.gov/sit...alance2015.pdf
Will the tax rate go up next year ... maybe. Will the Lakes Region real estate prices come down after this crazy year and bring assessments down... who knows.
The four components of the total tax rate all went down this last billing cycle:
Moultonborough:
2021 2022 $ change % change
Municipal $2.23 $1.25 -$1.08 -46.4%
County $1.01 $ .80 -$ .21 - 20.8%
Local Edu. $1.97 $1.76 -$ .21 -10.7%
State Edu. $1.67 $ .97 -$ .70 -41.9%
Total
Tax rate $6.98 $4.78 -$2.20 - 31.5%
https://www.moultonboroughnh.gov/sit...ory_-_2022.pdf
Now ... for The Hub!