HUB status in Moultonborough

tummyman · 12-20-2022, 06:09 PM

In my opinion, it might be good for this blog to get back to the real topic...the HUB instead of debating absentee voting that would not apply to this project. Just saying...

longislander · 12-20-2022, 07:46 PM

Just finished supper (stir-fry) and took another look at my calculation for my assessment. I must have been dazed before supper with the calcualtions. My bill would come in at an increase of 6.09% of the 2022 tax bill, not 21.3%.

Sue Doe-Nym · 12-20-2022, 08:36 PM

I am not sure of your calculations, but don’t forget the 13%+/- rebate we got from the town in 2022 for tax overpayments returned to the taxpayers. If you figure that 13% + your 7%, the amount is roughly your original amount. Don’t forget….that tax rebate was a one time event.

longislander · 12-20-2022, 09:25 PM

The $1.8 million returned to the taxpayers was what brought the rate down to $4.78/$1000. That was part of the unassigned funds and the select board still had enough money for the 12.5% that is supposed to be kept for unexpected expense, according to town policy #32. I was part of that debate at the select board meeting, arguing for returning the $1.8 mllion to the taxpayers. Some of the 5 select board members wanted to put into capital reserves. One of the capital reserve funds is CR148. It happens to be the capital reserve fund for a Community/recreation center! The board vote was 3-2 to give back the $1.8 miillion to the taxpayers. Yes there are strong Hub supporters on the select board.

https://www.moultonboroughnh.gov/sit...alance2015.pdf

longislander · 12-20-2022, 09:53 PM

Quote:

Sue Doe-Nym

Quote:

a property assessed at $1,000,000

$1,000,000 X $.00478 = $4780
$1,000,000 X $.00507 = $5070

$5070 - $4780 = $290

$290 is what percent of $4780
$290 = y/100 X $4780
6.1% = Y or the percentage increase in the 2022 tax bill
or
29000 divided by 4780 = 6.1

12-20-2022, 06:09 PM	#1
tummyman Senior Member Join Date: Aug 2009 Location: Moultonborough Posts: 843 Thanks: 259 Thanked 687 Times in 244 Posts	In my opinion, it might be good for this blog to get back to the real topic...the HUB instead of debating absentee voting that would not apply to this project. Just saying...

The Following User Says Thank You to tummyman For This Useful Post:
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12-20-2022, 07:46 PM	#2
longislander Senior Member Join Date: Jun 2007 Location: Moultonborough Posts: 547 Thanks: 49 Thanked 101 Times in 76 Posts	Just finished supper (stir-fry) and took another look at my calculation for my assessment. I must have been dazed before supper with the calcualtions. My bill would come in at an increase of 6.09% of the 2022 tax bill, not 21.3%.

12-20-2022, 08:36 PM	#3
Sue Doe-Nym Senior Member Join Date: Jul 2009 Posts: 1,435 Thanks: 751 Thanked 792 Times in 415 Posts	I am not sure of your calculations, but don’t forget the 13%+/- rebate we got from the town in 2022 for tax overpayments returned to the taxpayers. If you figure that 13% + your 7%, the amount is roughly your original amount. Don’t forget….that tax rebate was a one time event.

12-20-2022, 09:25 PM	#4
longislander Senior Member Join Date: Jun 2007 Location: Moultonborough Posts: 547 Thanks: 49 Thanked 101 Times in 76 Posts	The $1.8 million returned to the taxpayers was what brought the rate down to $4.78/$1000. That was part of the unassigned funds and the select board still had enough money for the 12.5% that is supposed to be kept for unexpected expense, according to town policy #32. I was part of that debate at the select board meeting, arguing for returning the $1.8 mllion to the taxpayers. Some of the 5 select board members wanted to put into capital reserves. One of the capital reserve funds is CR148. It happens to be the capital reserve fund for a Community/recreation center! The board vote was 3-2 to give back the $1.8 miillion to the taxpayers. Yes there are strong Hub supporters on the select board. https://www.moultonboroughnh.gov/sit...alance2015.pdf