Quote:
Originally Posted by longislander
Moultonborough's present tax rate, 5.65, is the second lowest in 36 years.
The previous tax rate, 5.70, was the second lowest in 36 years.
The lowest tax rate in 36 years was the 4.78 which was prior to the 5.70 rate.
There are pros and cons to assessments. Sellers are smiling, and probably downsizing, here or wherever.
Tax bills ...
|
That sounds good but is misleading. It may be the lowest rate in 36 years but the assessment is the highest in forever. Each town and school votes to spend so much money and need to collect that amount no matter how they call it.