Tag Archives: Property Tax Rate

Alton, N.H. Property Tax Rate For 2016 – 2017 Is 14.15, Down 0.12.

by Anura Guruge


altontaxrate


The good news is that it did NOT go up!

As far as I know there are no new property valuations afoot either.

So property taxes will come down, in Alton, a TAD.

But, the bad news. The way that New Hampshire property tax is ‘posted’ and paid, i.e., 1/2 year in arrears (so to speak), most of us will get a tax bill for December 2016 than we not be that different to what we had in July 2016. So, be prepared. Do not expect a big drop. You will be dissapointed.

Alton taxes will be due by December 14, 2016.


Related Posts:
>> Alton, N.H. 2015 – 2016 property tax rate.
>> Alton tax rates highest ever.
>>  Alton, N.H. 2014-2015 rate.

++++ Search on ‘tax’ for other posts >>>>


by Anura Guruge

Alton, N. H. Property Taxes Due (For Those That Pay It) On July 1, 2013. No Change In Rates As Is Always The Convoluted Case.

Anura Guruge, June 8, 2013.

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by
Anura Guruge


Related posts:
++++ Do a SEARCH on ‘Tax’ from
Sidebar search trench for other related posts >>>>>


If you pay Alton property taxes and do so directly as opposed to having it paid from escrow by a mortgage company, the tax bill is due on July 1, 2013 — or you face a 12% (per year) interest charge (though I know that the Tax Collector kindly enough allows a few days leeway on this, assuming of course that you actually believe in paying Alton property taxes).

Those of you who thought that you will see a drop in your tax bill now that the $18 million Alton Central School renovation bond was quite rightly rejected by the voters might be in for a surprise. This ‘July’ tax bill is still based on the old, i.e., 2012-2013, rate. So it is by default and definition 1/2 of the December 2012 bill (even if you in December paid more than 1/2 of it, which you would have).

This is yet another arcaneness (and possibly even outright stupidity) in the way NH Property Taxes are worked out — some of it has to do with when the State approves its budget in the Summer etc.

Hopefully, if the State & Belknap County does not whack us with a huge tax increase we should see the Alton rate go down ‘slightly’ since the $0.68 per $1,000 assessed value that we had been paying for the Prospect Mountain School bond was retired in December 2012. Then what we paid in July gets applied against it — which in theory could lead to a lower tax bill in December, though to be honest I am not counting on that.

This from the Alton Town Tax Collector explains, quite well, the very confusing and convoluted way that our tax bills are calculated and collected.


Right click to ENLARGE this image or click on the link below to access the original, without my emphasis, at the Alton Town's (very slow) website.

Right click and follow options there to ENLARGE this image or just click on it to go the original, without my emphasis, at the Alton Town’s (very slow) website.

Click here to access original at ‘alton.nh.gov’ website.


New Hampshire (NH) Comes In Fourth For States With Highest Homeowner Property Tax.


Anura Guruge, laughing, picture November 16, 2011.

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by Anura Guruge


Related posts:
>>
NH 2012 – 2013 Property Tax Rate Comparison — Nov. 26, 2012.
>> Alton, NH Property Tax Rate: 23rd Lowest In State! — Nov. 26, 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.


Click to read entire article by  'The Motley Fool'.

Click to read entire article by ‘The Motley Fool’.


The article to my delight and relief mentions that NH does have a 5% tax on income and dividends  -- that many people don't realize because they either don't pay that tax or just choose to ignore it.

The article to my delight and relief mentions that NH does have a 5% tax on income and dividends — that many people don’t realize because they either don’t pay that tax or just choose to ignore it.


Alton, NH Property Tax ‘Impact’ Has Gone Up 4% Since Last Year, 14.2% Since 2007.


Anura Guruge, laughing, picture November 16, 2011.

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by Anura Guruge


Related post:
>> 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:

Click to ENLARGE.

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.

New Hampshire (NH) 2012 – 2013 Property Tax Rate Comparison. Highest & Free ‘Sortable’ Spreadsheet


Anura Guruge, laughing, picture November 16, 2011.

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by Anura Guruge



This post now OBSOLETE.

For latest 2013 – 2014 rates, comparison, lowest, highest & spreadsheet.



Related post:
>> Alton, NH Property Tax Rate: 23rd Lowest In State! — Nov. 26, 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.


pleaseread

For list of the lowest 25 towns in terms of NH property tax.

The higest 10 towns in New Hampshire for 2012 – 2013 property tax.
Towns with highest property taxes in NH for 2012 by Anura Guruge

Click to ENLARGE.



See this June 3, 2013 post about how you MIGHT be able to get
NH Property Tax RELIEF.



If you want my Excel spreadsheet,
with no macros and free of viruses or hooks,
download it directly from here.



Alton, NH Property Tax Rate: 23rd Lowest In State! I Am Humbled But Still Distressed.


Anura Guruge, laughing, picture November 16, 2011.

….
by Anura Guruge


Related post:
>> 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.


For 2013 – 2013 Alton standing
click here.

For 2013 – 2014 N.H. rates click here.



Well I went looking to see what the new 2012 NH State property tax rates were.

The State, i.e., The NH Department of Revenue Administration, very kindly and thoughtfully provide the list.

They do have an Excel spreadsheet, though it appears to be one that indicates the status of where the State stands in terms of setting the tax rate for each town.
Plus the Spreadsheet has ‘macros enabled‘. Well I was not going to take any chances with such a spreadsheet — even from the State.
[Having ‘macros enabled’ in Excel has long been a potential security threat.]

So, I created my own, ultra safe, Excel spread sheet from their latest, i.e., Nov. 20, 2012, PDF.

pleaseread


I then did a couple of quick sorts. Wow. I did not expect to find Alton towards the bottom.

But, to be fair (and realistic), Wolfeboro, Center Harbor, Meredith, Tuftonboro and Moultonborough have lower rates not to mention Sandwich and Wakefield.

So here is the bottom [i.e., LOWEST rates] 25.

NH lowest property tax towns for 2012 by Anura Guruge

Click to ENLARGE


If you want my Excel spreadsheet, with no macros and free of viruses or hooks, download it directly from here.