LACONIA Tax Increases

[ITD]

Originally Posted by TiltonBB

My assessed value on a Laconia waterfront property went up about 21%. The tax rate in Laconia declined from $22.20 in 2015 and 2016 to 21.03 in 2017. The net result was still an increase of several thousand dollars per year in real estate taxes on this one property.

The assessors office said that they were aware that waterfront sales amounts were substantially higher than what the city had them assessed for so they made the changes. Non waterfront values did not change much at all.

They use a process called equalization. Equalization is a process carried out annually by Municipal Assessing Jurisdictions and the New Hampshire Department of Revenue Administration which ensures that common property tax burdens are apportioned fairly and equitably among taxpayers.

So you became more equal than everyone else. I don't know how we ended up with property taxes for local government. A head tax would be more fair and assure everyone had skin in the game.