moultonboro tax rate

[phoenix]

Did the selectmen approve a 2025 tax rate last night?

[tummyman]

$5.33 per thousand...approved by State.

[thinkxingu]

Originally Posted by tummyman

$5.33 per thousand...approved by State.

Happen to know what it was last year? I can look it up later, if not.

Sent from my SM-S931U using Tapatalk

[fatlazyless]

Originally Posted by thinkxingu

Happen to know what it was last year? I can look it up later, if not.

Sent from my SM-S931U using Tapatalk

Last year in 2024 the Moultonborough combined total tax rate was $5.65 per thousand assessed value ..... according to ...

http://www.revenue.nh.gov/sites/g/fi...-tax-rates.pdf .... which is a totally wicked LOW RATE for a N.H. town and must make all the other N.H. towns extremely jealous on Moultonborough.

So, how does Moultonborough do it, to have such an incredibly LOW fabulous tax rate of 5.33/thousand for this year, 2025? ......

And, no wonder the Moultonborough Thrift Store has such good stuff - cheap ...... M-boro residents pay next to nuth'n in property taxes!

[LIforrelaxin]

Well this is some good news.... of course not as good as it could have been because the valuation of my property continues to climb... so in reality the town has a lower tax rate but likely the same if not more revenue.....

[TomC]

M'boro has tons of shoreline, both island and mainland, on exclusive Winni and Squam, plus more on Kanasatka, Lees Pond, Wakonda, and so on... Those high value parcels push the total assessed value in town way up. Thus the rate can be lower of course...

see for yourself: https://www.revenue.nh.gov/sites/g/f...king-order.pdf

[John Mercier]

Originally Posted by LIforrelaxin

Well this is some good news.... of course not as good as it could have been because the valuation of my property continues to climb... so in reality the town has a lower tax rate but likely the same if not more revenue.....

Doesn't work that way.

The budget is decided by the voters locally, and representatives at the county level.

The rate is based on what the voters and their representatives have decided to spend.

[longislander]

Tax bill = assessment X tax rate

2025 rate is the second lowest in 37 years!

Moultonborough Tax Rates
Total = Muni + County +State Ed. +Local Ed.

2025 $5.33 $1.68 $0.75 $1.05 $1.85
2024 $5.65 $1.92 $0.77 $1.15 $1.81
2023 $5.70 $1.86 $0.88 $1.19 $1.77
2022 $4.78 $1.25 $0.80 $0.97 $1.76
2021 $6.98 $2.33 $1.01 $1.67 $1.97
2020 $7.13 $2.11 $1.15 $1.78 $2.09
2019 $7.15 $2.18 $1.10 $1.96 $1.91
2018 $7.72 $2.44 $1.23 $2.10 $1.95
2017 $8.22 $2.46 $1.35 $2.29 $2.12
2016 $8.74 $2.77 $1.43 $2.28 $2.26
2015 $9.01 $2.85 $1.42 $2.54 $2.20
2014 $8.86 $2.85 $1.22 $2.53 $2.26
2013 $8.69 $2.77 $1.13 $2.66 $2.13
2012 $8.56 $2.73 $1.11 $2.52 $2.20
2011 $8.33 $2.77 $1.06 $1.97 $2.53
2010 $8.12 $2.63 $1.05 $2.32 $2.12
2009 $7.70 $2.22 $1.03 $2.31 $2.14
2008 $7.66 $2.32 $0.97 $2.21 $2.16
2007 $6.99 $2.07 $0.79 $2.01 $2.12
2006 $6.71 $1.89 $0.75 $2.34 $1.73
2005 $6.79 $2.05 $0.77 $2.58 $1.39
2004 $7.99 $1.66 $0.78 $2.87 $2.68
2003 $12.18 $2.35 $1.14 $5.15 $3.54
2002 $12.11 $2.33 $0.89 $5.55 $3.34
2001 $10.06 $1.99 $0.74 $4.63 $2.70
2000 $9.55 $1.89 $0.61 $4.69 $2.36
1999 $14.58 $2.72 $0.92 $3.80 $7.14
1998 $10.24 $2.92 $0.94 $6.38
1997 $9.69 $2.66 $0.94 $6.09
1996 $9.24 $2.57 $0.90 $5.77
1995 $10.80 $3.20 $0.98 $6.62
1994 $10.56 $3.14 $0.99 $6.43
1993 $10.24 $3.14 $0.98 $6.12
1992 $9.70 $2.64 $1.06 $6.00
1991 $9.37 $2.75 $0.91 $5.71
1990 $9.67 $2.91 $0.91 $5.85
1989 $8.61 $2.56 $0.87 $5.18

[AC2717]

rate does not matter until valuations come in

[Biggd]

Originally Posted by AC2717

rate does not matter until valuations come in

One thing you can be sure of, waterfront properties will pay the bulk of the taxes. The value of those properties has climbed at a faster pace than off lake properties.

[longislander]

rate does not matter until valuations come in

... and when do valuations/assessments come in? Moultonborough uses the 20% per year method, not every 5 years.

https://gc.nh.gov/rsa/html/V/75/75-8-a.htm

There are pros and cons to either method.

[LIforrelaxin]

Originally Posted by John Mercier

Doesn't work that way.

The budget is decided by the voters locally, and representatives at the county level.

The rate is based on what the voters and their representatives have decided to spend.

John, Yes I know exactly what goes into setting the tax rate..... But it doesn't negate what I stated.... because when you distill the entire picture you see this equality:

(Total Assed Property Values X tax Rate) = Money available to spend

(Town Budget + School Budget + County Budget + State Budget) = Money needed

Money Needed == Money Available to Spend.....

With that said if

current year Total Assed Property Values > Prior year Total Assed Property Values
and
Money Needed < (current year total Assed Property Value * Previous Year Tax Rate)

than

Previous year Tax Rate > Current Year Tax Rate

so it is possible

(Previous year Property Value * Previous year tax Rate) =< (current year Property Value * current year tax Rate)

You are focused on the process of how it all works..... Which is great, but the Mathematics of it all are a different story.... a lower Tax Rate doesn't mean that your taxes have gone down....

What the lakes region continues to rid on, is over inflated home values allowing for lower tax rates......

[VitaBene]

Originally Posted by Biggd

One thing you can be sure of, waterfront properties will pay the bulk of the taxes. The value of those properties has climbed at a faster pace than off lake properties.

I thank all of you hard working waterfront property owners!

[ITD]

Originally Posted by VitaBene

I thank all of you hard working waterfront property owners!

You're welcome.

It's all about what the town meeting levies. Tax rate is the result of that and the total assessed property value.

[longislander]

I thank all of you hard working waterfront property owners!

Especially those that cannot vote at NH town meetings!!!

[John Mercier]

Originally Posted by LIforrelaxin

John, Yes I know exactly what goes into setting the tax rate..... But it doesn't negate what I stated.... because when you distill the entire picture you see this equality:

(Total Assed Property Values X tax Rate) = Money available to spend

(Town Budget + School Budget + County Budget + State Budget) = Money needed

Money Needed == Money Available to Spend.....

With that said if

current year Total Assed Property Values > Prior year Total Assed Property Values
and
Money Needed < (current year total Assed Property Value * Previous Year Tax Rate)

than

Previous year Tax Rate > Current Year Tax Rate

so it is possible

(Previous year Property Value * Previous year tax Rate) =< (current year Property Value * current year tax Rate)

You are focused on the process of how it all works..... Which is great, but the Mathematics of it all are a different story.... a lower Tax Rate doesn't mean that your taxes have gone down....

What the lakes region continues to rid on, is over inflated home values allowing for lower tax rates......

We don't use money available to spend except in cities with tax caps.
In a town, that number is as high or low as the voters decide.

[fatlazyless]

Located in White River Junction, Vermont ..... www.uvacswim.org ..... across the Connecticut River from Lebanon, New Hampshire, there's no indoor swim facility like this in central N.H.

Would be nice for the new Laconia Village construction to include a swim facility because the voters in Moultonborough have voted NO on two different warrant articles in two different years.

Just think ...... on a cold January morning you could attend a lesson ... www.youtube.com/watch?v=8pafO09hasE ..... on the elementary back stroke in a 82-degree Olympic sized 25-meter swim pool!

[LIforrelaxin]

Originally Posted by fatlazyless

Just think ...... on a cold January morning you could attend a lesson ... www.youtube.com/watch?v=8pafO09hasE ..... on the elementary back stroke in a 82-degree Olympic sized 25-meter swim pool!

As I spoke up about the proposed Moultonborough pool once before I will do so again here.... it was most definitely not a "Olympic" sized pool.....

- it was only 5 lanes, what that isn't even a short course competition sized pool for High School where 6 lanes is the standard...... let alone to be considered "Olympic"

- It was a short course 25m Pool.... The Olympics and most big competitions are long course 50m Pools...

- Some of the claims the planning committee made regarding the pool where wrong and misleading,

Anyways I just went

Sorry FLL you hit a sore spot

[rander7823]

Originally Posted by AC2717

rate does not matter until valuations come in

1/2 the rate double the valuation. You need both numbers to see if your taxes are going up.

[longislander]

You need both numbers to see if your taxes are going up.

Correct!

Tax bill = (Muni rate + County rate +State Ed. rate +Local Ed.rate) X Assesment

The towns control the municipal rate.
The county controls the county rate.
The school district controls the Local education rate
The state controls the State Education rate.

NH DRA

Equalization
Equalization is a process carried out annually by municipalities and the New Hampshire Department of Revenue Administration (DRA) to ensure common property tax burdens are apportioned fairly and equitably among taxpayers. Through the equalization and ratio study processes, the total equalized valuation of each municipality is determined and used to apportion county taxes, cooperative school taxes, if applicable, and the state education property tax.

[tummyman]

And if you want to see how much the local schools are impacting your taxes and tax rate, add the local education and state tax rates together, as the local school rate is their local total expenses LESS the money from the state. The combined total of the two rates is the actual cost of education in your community, as the local education rate is net of the state money. It is all about the math !!

[John Mercier]

That may not work in the future as the Legislature is looking to adjust to the court ruling on education.

[phoenix]

i just got my tax bill but what was interesting is they stratified taxes paid by home size. 28% of homes are assessed at 1M+ and that group pays 75% of taxes. Bernie would be happy

[John Mercier]

Sort of lost me.
We always have counted home size and number of rooms as a way to determine valuation.