Quote:
Originally Posted by longislander
On the ultimate result, not on the commentary.
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Yes that's what I thought, I couldn't really understand what your meaning was. My point is that except for the state and county portion, the town tax rate is meaningless in that changes due to adjustments in valuation do not lower your tax as a rule. The amount of tax is decided at town meeting (Moultonboro), the tax rate is calculated from this total levy divided by the total town valuation, giving the town portion tax rate. The the state and county are added to that number.
Bottom line, increasing property values ( note the plural here) do not increase your real estate taxes.