Winnipesaukee Forum - View Single Post - Help for high property taxes

Argie's Wife · 12-07-2011, 08:09 AM

Let me rephrase my earlier post:

Just because you have 0% budget request increase, that doesn't mean your taxes will stay the same.

Taxes will go up or down based on the property owners' overall assessed values. The lower the values, the more money that will need to be raised.

[I'm posting those comments, above, to those posters who have associated a tax cap with a budget cap. They are NOT the same.]

Ms. Merge posted about a 0% tax increase and stated: "Time to stop the spending increases."

If you're saying that you're okay with paying $16.55/1000, I guess I get that, but can you see a decrease if the property assessments go up? Is this really a good time to freeze a tax rate when assessments are low and the rates are high?

By the way, I believe that in an SB-2 town the proposed budget articles can only be changed by 10% from the floor of a deliberative session. I don't have the RSA at hand to double check that now.

12-07-2011, 08:09 AM	#14
Argie's Wife Senior Member Join Date: Oct 2004 Location: Alton Posts: 1,908 Blog Entries: 1 Thanks: 533 Thanked 579 Times in 260 Posts	Sorry for the confusion in my earlier post.... Let me rephrase my earlier post: Just because you have 0% budget request increase, that doesn't mean your taxes will stay the same. Taxes will go up or down based on the property owners' overall assessed values. The lower the values, the more money that will need to be raised. [I'm posting those comments, above, to those posters who have associated a tax cap with a budget cap. They are NOT the same.] Ms. Merge posted about a 0% tax increase and stated: "Time to stop the spending increases." If you're saying that you're okay with paying $16.55/1000, I guess I get that, but can you see a decrease if the property assessments go up? Is this really a good time to freeze a tax rate when assessments are low and the rates are high? By the way, I believe that in an SB-2 town the proposed budget articles can only be changed by 10% from the floor of a deliberative session. I don't have the RSA at hand to double check that now.