Center Harbor Assessments

[WinnisquamZ]

New assessments in Laconia this past spring did lead to a 11% rise in taxes. Unsure why center harbor would be any different


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[tummyman]

Moultonborough total overall assessed valuations for as of April 1st for 2022 just increased 24% over last year (2021), with waterfront land generally up 30.7% across the board. All driven by a super hot real estate market and a small population of sales that are extrapolated across the entire tax base.

[John Mercier]

Originally Posted by tummyman

Moultonborough total overall assessed valuations for as of April 1st for 2022 just increased 24% over last year (2021), with waterfront land generally up 30.7% across the board. All driven by a super hot real estate market and a small population of sales that are extrapolated across the entire tax base.

24% general with a 30.7% specific should transfer more of the budget cost to the lakefront properties.

[John Mercier]

Originally Posted by WinnisquamZ

New assessments in Laconia this past spring did lead to a 11% rise in taxes. Unsure why center harbor would be any different


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Because the assessment is only the means to determine what each property owners share of the total annual budget will be.

If every property assessment increases/decreases the exact same percentage, and the annual budget is flat... the actual property taxes stay exactly the same.

An 11% rise in total taxation could only be because of an 11% rise in the annual budget, or lower secondary revenues.

The assessment would not be a factor.