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Old 12-07-2018, 11:26 AM   #2
MAXUM
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IF you can make heads or tails out of this.... first the RSA that explains how this is calculated - followed by the amounts due from both Laconia and Wakefield.

I. (a) The commissioner shall annually determine a municipality's tax base for the education tax by subtracting from the total equalized valuation of all property, as determined under RSA 21-J:3, XIII for the preceding year, property that was then taxable under RSA 82 and RSA 83-F. In determining the tax base, the value of any utility property that is included in the total equalized valuation upon which the statewide education property tax is computed, and is also taxable under RSA 83-F for that year, shall also be subtracted from the tax base, provided the sum value of the utility property represents at least 5 percent of the total equalized value of all property, except property taxable under RSA 82 or RSA 83-F in the preceding year.
(b) The commissioner shall calculate the portion of the education tax to be raised by each municipality by multiplying the uniform education property tax rate by the municipality's tax base.
II. The commissioner shall issue a warrant under the commissioner's hand and official seal for the amount computed in paragraph I to the selectmen or assessors of each municipality by December 15 directing them to assess such sum and pay it to the municipality for the use of the school district or districts. Such sums shall be assessed at such times as may be prescribed for other taxes assessed by such selectmen or assessors of the municipality.
II-a. At the time the warrant is issued pursuant to paragraph II, the commissioner shall report to the governor, the speaker of the house of representatives, the president of the senate, and the commissioner of education, a statement of the education tax warrants to be issued for the tax year commencing April 1 of the succeeding year.
III. Municipalities are authorized to assess local property taxes necessary to fund school district appropriations not funded by the education tax, by distributions from the education trust fund under RSA 198:39, or by other revenue sources.


Far as Wakefield goes -

To the Selectmen or Assessors of WAKEFIELD
In accordance with the provisions of RSA 76:8 II, you are hereby required to assess the sum of $2,153,645 for the 2018 Education Tax. Per RSA 76:3, this amount is based on a uniform rate of $2.170/1000 of the 2016 equalized valuation without utilities in the amount of $992,463,297

And Laconia

To the Selectmen or Assessors of LACONIA
In accordance with the provisions of RSA 76:8 II, you are hereby required to assess the sum of $4,458,870 for the 2018 Education Tax. Per RSA 76:3, this amount is based on a uniform rate of $2.170/1000 of the 2016 equalized valuation without utilities in the amount of $2,054,778,972.
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