Meredith tax rate set with increases
December 16, 2009
MEREDITH — The town's tax rate has been set after some delays, reflecting increases due to decreased property values.
Meredith's tax rate was released on Monday following some delay as Administrative Services Director Brenda Vittner was also acting as co-interim Town Manager.
The total tax rate for 2009 is $12.54 per $1,000 valuation, a $1.12 increase from last year's $11.46.
This year's town tax rate is $4.23, 26 cents up from last year's $3.97.
Local school reflects the largest increase with $4.54 this year after being $4.02 last year, State school also increased to $2.40 in 2009 after being $2.17 in 2008.
The portion going to Belknap County is $1.37, a seven cent increase from last year's $1.30
"While the town rate has increased from $3.97 in 2008, the goal of the Board of Selectmen to raise no more funds from local taxation from current levels has been met," said Town Manager Phillip Warren in a statement, "the increase in the rate is a function of declining real estate values, not an increase in local taxation."
Tax bills were mailed on Dec. 16 with a due date of Jan. 18.