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Old 09-07-2011, 11:24 AM   #72
Ms Merge
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Join Date: Jul 2009
Location: Gilford, NH
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Default Where do the taxes go

In NH your property bill has 4 components. The first is the local government and yes the money goes right to them. The second is the local school district and yes the money goes right to them. The third is the county. The town actually cashes your check and writes the county a check. The last part of your tax bill goes to the state school fund and the town writes them a check. Based on the school funding formula some of the money may come back to your school district. So the property owners on Governor's Island together pay 1.1M directly to the town, 2.0 M to the Gilford school district and the last 1M goes to the county and state school fund.

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Ms Merge
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