Land valuations for waterfront appear to be up 15% this year...just a tad less than the 17% last year. Don't expect any information to be forthcoming from the assessment oepration. They haven't even provided the qualified sales reports for last year. And there is no file that compares last years assessed valuations to this years. They just dump a file on to the web that gives the new assessments. Useless information. There is no analysis showing what the overall increases are for waterfront, non waterfront, commercial, etc. etc. Don't expect the data to be forthcoming....
Yes, the theory of the case is that increases in valuation can result in lower cost per thousand tax rate changes. But in Moultonborough, spending continues without constraint. As the waterfront increases more than other groups, the tax burden will continue to shift to those properties at a greater rate. People wil be in for a shock when they get the December tax bills this year due to the way NH sets the tax rate for the June semi annual bills at 50% last years rate. Last year there were some significant one time tax reductions that most likely will not occur again this year. As a result the tax rate per thousand will go up in December. Start saving your coins !!!
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