Go Back   Winnipesaukee Forum > Lake Issues > General Issues
Home Forums Gallery Blogs YouTube Channel Classifieds Links Calendar Register FAQDonate Members List Search Today's Posts Mark Forums Read

Thread Tools Display Modes
Old 11-22-2011, 07:43 PM   #1
Senior Member
Join Date: Apr 2004
Location: winter harbor
Posts: 189
Thanks: 4
Thanked 30 Times in 17 Posts
Default Skyrocketing taxes

I recently received my Wolfeboro tax bill and was astonished at the tax rate increase. The rate increased by 10.5 %. This is incredible!!!!! Does anyone know what reasoning the town has used to justify this outrageous increase? My assessed value did not decrease so there was no trade off there. Is this even legal? Any thoughts???
nightrider is offline   Reply With Quote
Old 11-27-2011, 07:16 PM   #2
Mink Islander
Senior Member
Join Date: Apr 2004
Location: Norwell, MA
Posts: 674
Thanks: 40
Thanked 215 Times in 99 Posts
Default Tax rate alone doesn't tell you much

The tax rate is simply the product of your town budget (and other state assessments) divided into the total assessed real estate value for the town. If the rate changed, it could be that the value of the tax base declined (possible for non waterfront property given current real estate values) or the total budget went up. Town meeting approves the budget so if that went up, the voters did it. That's how town government works. The state assessment is another matter.

My point is only that the tax rate is simply the way the town's total tax burden is spread around. Whether it goes up or down does necessarily mean anything. The better question is how much did Wolfboro's total tax burden go up and why.

Then it's a question of how much the value of your home changed RELATIVE to all other properties in town.

Those two figures are really what drive your taxes. Not the rate per se.

Just my 2cents.
Mink Islander is offline   Reply With Quote
Old 01-20-2014, 07:31 PM   #3
minni on winni
Senior Member
minni on winni's Avatar
Join Date: Nov 2013
Posts: 105
Thanks: 184
Thanked 21 Times in 16 Posts
Cool laconia taxes

Our most recent tax assessment was $30,000 more than the July assessment!!!! Doesn't make any sense since 4 properties surrounding us are for sale and are listed for less than the July assessments. The only thing we can do is file for an abatement. And make sure it is filed on time!
minni on winni is offline   Reply With Quote


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump

All times are GMT -5. The time now is 12:16 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2020, vBulletin Solutions Inc.

This page was generated in 0.23237 seconds