Quote:
Originally Posted by longislander
Assessment's are based on market values, no matter whom your town utilizes or contracts to determine those values.
Assessments x tax rate = Tax
Should be easy to understand.
Tax rates do go up and down. Take another look at the 35 year MoBo history. Facts, not opinion.
NH DRA sets the tax rate. The town voters set the appropriations.
The MoBo history included, has the 35 year relevant history for all 4 elements of the tax rate:
Municipal + County + State Ed. + Local Ed. = total tax rate
Shouldn't be that difficult to comprehend.
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Ok, apparently this is difficult to understand. How is the tax rate calculated, what determines how much tax is collected? Let's start with the town and then work our way up the chain.