…by Anura Guruge
>> Alton, NH Property Tax Rate: 23rd Lowest In State! … — Nov. 26, 2012.
>> Alton, NH Property Tax Rate: Highest It Has Been In Last 5 Years.
>> 29.4% Rise Since 2007 — Nov. 19, 2012.
>> Alton, NH Property Tax Rate ‘2012’: $13.68/1000 Assessed Value
>>— Nov. 14, 2012.
>> Did All Alton Property Assessments Go Up 7% — August 11, 2012.
Here are the actual numbers:
What I wanted to establish, for Alton, was the real tax impact, i.e., the increased total tax rate against the change in property values.
That, as anybody who follows NH property tax will tell you is the only way to get a true read.
For 2012 – 2013, following the latest reevaluation of property prices, the total taxable property value base for Alton went down; albeit it, at -0.6%, by not that much, though it is the lowest it has been since 2007.
So, realistically the total tax rate had to go up to compensate for that. That is how it works. That meant the total tax rate had to go up at least 0.6% to maintain par.
The problem is that the Total Tax Rate went up 4.7% — the town portion & the school portion both going up.
Compared to 2007, the tax impact in Alton has gone up 14.2%.
On our road, THE best maintained dirt road in NH, the 21 properties saw an average tax increase (per property) of $352.34 from 2007 to 2012. Maybe that is par for the course. All I know is that my taxes have gone up. I guess most people in Alton don’t really care. It is but mere bagatelle to them no doubt given that Alton is a rich town. I just wanted to see how things stacked up. Since I do it all in Excel, cutting and pasting the data from the State Website, it doesn’t take me long and it makes sure that I keep my Excel skills polished.
The one thing I really would like to find out is how Alton lost $9.2 million in overall property value when most values, as far as I can see, went up. It could be that the default rate has increased. IF I can muster enough courage I will try to broach the subject when I take in my check for the taxes in a couple of weeks. Happy holidays.