Winnipesaukee Forum - View Single Post - Passage of SB 539-Donor Towns

Long Island Baba · 04-27-2008, 10:23 PM

Let's say it goes through. Simple math.

The last town doc I have shows the Total Property Tax Commitment at $20M

Donor Town potential impact at $3.7Mil would increase the $20M by 19%.

So, figure a 20% increase in your property tax bill should be a good sizing.

Tax rate of $6.99 then goes to $8.40 or another $1.40 per thousand.

04-27-2008, 10:23 PM	#4
Long Island Baba Senior Member Join Date: Apr 2006 Posts: 78 Thanks: 1 Thanked 14 Times in 11 Posts	Donor Tax Impact to Mboro Let's say it goes through. Simple math. The last town doc I have shows the Total Property Tax Commitment at $20M Donor Town potential impact at $3.7Mil would increase the $20M by 19%. So, figure a 20% increase in your property tax bill should be a good sizing. Tax rate of $6.99 then goes to $8.40 or another $1.40 per thousand.