Winnipesaukee Forum - View Single Post

John Mercier · 11-19-2023, 05:32 PM

The capital reserves come from taxation during the previous years.

If you add the 2021 to the 2022 rate and divide by two for the average, it is a little higher than the rate for 2023. Other variables could easily account for that difference.

11-19-2023, 05:32 PM	#87
John Mercier Senior Member Join Date: Jun 2021 Posts: 3,007 Thanks: 2 Thanked 529 Times in 435 Posts	The capital reserves come from taxation during the previous years. If you add the 2021 to the 2022 rate and divide by two for the average, it is a little higher than the rate for 2023. Other variables could easily account for that difference.