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Old 12-30-2023, 01:39 PM   #11
John Mercier
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If the average base assessment was 63% increase, and your assessment was a 97% increase, then your taxes should have gone to $17.6K

If you paid half of the $13.1K in July, roughly $6550, your current bill would be for the remaining $11K

Your annual taxes would be $17.6K

The July is an estimate base on previous assessment and budget.

Your new annual tax would be $17.6K, old $13.1K, with an actual increase of $4.5K

Not that this should make you feel better... but that is the math.

Barring a new assessment, a failure of the Legislature to fix the State ED, or some new expenditure at the town/county that is extraordinary... the July bill should be about $8.8K

The property would be assessed around $1.76M
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