All the different town have to submit their assessments to the State for certification. The State now requires that the assesse values should be between 90 and 110% of the fair market value. Also the towns are required to reassess at least once every our years or more freqently. The assessing process is supposed to be part of a state wide tax system that is equal all across the state just like the 8% hotel & meals tax is the same 8% all across the State.
Here's a not too related tax question for anyone. At the Super Market in Centre Harbor, how come a $1.09 chocolate whoopie pie does not get this 8% tax while a chicken salad sandwich does. Both are wrapped in plastic, and are labeled but just the sandwich gets taxed. Seriously here, no foolin' aroun here; capice(!), this is a very serious business, so WHY is that? What is what, like how come?
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