Quote:
Originally Posted by jetskier
Laconia calculates the tax bill as follows:
July tax = Valuation x 1/2 prior year's rate
December = Valuation x current rate less amount of July bill
July Rate = 8.48
December Rate = 18.04
So the net increase in the rate was 6%
They increased my valuation by 17%...Interesting view of the real estate market since everything has gone down.
Jetskier  |
I didn't think that your tax rate had doubled as you said in your first post. 6% net increase makes more sense.
I wonder why your valuation went up 17%. Did you do some renovations?