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Old 10-24-2022, 08:33 PM   #5
John Mercier
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Quote:
Originally Posted by WinnisquamZ View Post
New assessments in Laconia this past spring did lead to a 11% rise in taxes. Unsure why center harbor would be any different


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Because the assessment is only the means to determine what each property owners share of the total annual budget will be.

If every property assessment increases/decreases the exact same percentage, and the annual budget is flat... the actual property taxes stay exactly the same.

An 11% rise in total taxation could only be because of an 11% rise in the annual budget, or lower secondary revenues.

The assessment would not be a factor.
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