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Old 09-26-2018, 07:19 AM   #14
jeffk
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Quote:
Originally Posted by MAXUM View Post
Whoa hold on a sec, the towns are the ones that come up with the budgets, those are voted on and approved by the residents. How is that not fair?
My apologies for not being accurate. It is not the taxation that needs to be fair or equal, it is the appraisal process and valuation of individual properties. A town cannot say, "Hey, here's a rich guy's house. Let's triple the valuation so we can tax him more.". The valuation is supposed to approximate actual market value as determined by uniform (across the state) methods.

My point was that I believe putting a property into current use is a state policy and a town cannot deny a property owner that option. I think the adjustment to valuation is also set at the state level. The RSA says the appraisals shall be set at "at valuations based upon the current use values established by the {state} board".

The tax rate is based on the spending of the town spread over the available tax base of property. If a town wants to spend itself into high taxation, that is certainly the right of its residents to decide that.
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