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Old 12-01-2022, 08:33 PM   #137
longislander
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Join Date: Jun 2007
Location: Moultonborough
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Quote:
The tax rate is absolutely meaningless. What is this year's tax levy versus last year's?
Tax Levy:IRS :
"A levy is a legal seizure of your property to satisfy a tax debt. Levies are different from liens. A lien is a legal claim against property to secure payment of the tax debt, while a levy actually takes the property to satisfy the tax debt."

tax rate X assessement = tax ... thank you! Keeps away the tax collector when paid.

Quote:
A more honest number would be to publish what the average value home will pay in taxes this year versus last year. I suspect the average tax bill increased this year unless something radical happened. The tax rate is meaningless.
When paying the town tax, most don't care about average tax bill. They care about their tax.
RE: Moultonborough, why not wait till the moultonborough taxes are sent out. Then see if tax went down. Then the conversations can begin on how "dumb" it was for the select board to return money back to the taxpayer, rather than spend on non-budgeted items.
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