Moultonborough Taxes

[John Mercier]

Originally Posted by tis

Then can you explain why the school portion of our tax bill is broken into two parts-state tax and local tax? I don't have a tax bill in front of me but I am pretty sure that is the cases.

That is the case... as explained above.

Each school district based on the number of pupils and specified modifiers in the law is to receive a State grant equal to that number. In a school where the State Ed rate raises enough, or more than enough, money... the school is sent no grant.
In a school where the State Ed rate does not raise enough money, the State sends a grant from other sources.

The State Ed grants are used to offset the Local School portion of the tax. In a school where the State Ed rate raises more than necessary... the money is retained and further offsets the Local School portion.

There is two ongoing lawsuits over the current method as the change in 2011 was found to be unconstitutional; and the current adequacy levels are being challenged as to whether they cover the mandates.

The State of NH lost the first round in both. The NHSC heard the case, but deferred it back to the lower court.

https://fairfundingnh.org/lawsuit-conval/