View Single Post
Old 11-17-2023, 03:02 PM   #74
Descant
Senior Member
 
Join Date: Mar 2006
Location: Merrimack and Welch Island
Posts: 4,050
Thanks: 1,218
Thanked 1,524 Times in 986 Posts
Default

Quote:
Originally Posted by LIforrelaxin View Post
So I just found some interesting reading , regarding the town of Moultonborough, expenditures and overall budget...

https://www.moultonboroughnh.gov/Doc...ant--Budgetpdf

https://www.moultonboroughnh.gov/Doc...Town-Budgetpdf

What did this help me understand?
- The School Budget is not accounted for as part of the Town Budget...
- A clear run done of all the proposals from last year... Not sure what was voted down, beyond the HUB... but I am sure I can find those results somewhere... all the the rest of it seemed reasonable....
- The town and school budgets combined come out to around $27M
- Already Known, amount of taxes to the County ~$5M
- Already known, amount of Tax Revenue from Property Tax is ~$34M

So at this point there is somewhere in the neighborhood of 1-2 Million dollars unaccounted for.... This is closer to what John M. has been trying to preach then I thought... But tells me our property Tax money isn't all accounted for at the local level...

Do I feel any better about the current situation, no absolutely not... I feel like there where parallel efforts going on, and the impact of both resulted in this issue. The effects of the Increase in valuations, was not fully understood before setting the Tax Rate.... It will be interesting to see what happens next year...
So, 27 for town and school and 5 for the county. How much for the state wide education fund? That should be the amount you're missing.
Descant is offline   Reply With Quote