Monday, November 17, 2008

I know it was too good to be true.

I should have known it was too good to be true. We received our property tax bill and our taxes went up 500 dollars. We figured with the cut in the education tax rate we would be paying less taxes. But no.... our assessment went up 160%. Absolutely amazing! The explanation we received is as follows.

"Their explanation to us was that they have changed the building lot valuation from $55,000 to $110,000. per lot, for the area that includes Winter, Pinnacle, Glidden, Barton, Croydon TP from Winter to the 4 Corners and Lovering Hill Roads. Also they have raised the land valuations on Old Springfield Rd.. I'm told that the land/building lot valuations in those areas were $55,000 for first acre and $2,000 for each additional acre in the building lots. Large tracts are handled a bit differently.

So apparently the new formula is now $110,000 up from $55,000. Their explanation to us was that this change occurred due to several recent high priced land sales that have occurred in the area described above. Some of these were land exchanges involved in settling the Ruger Estate, sold by the Ruger Company and land sold by the Ruger et al to abutters."

So look out Croydon. They were told to expect would think that appeals would not be expected if something fishy were not going on. Also those assessed first get to pay two years higher taxes before everyone else. It is amazing that the assessors and the various governments in their infinite wisdom thought raising taxes in the current state of the economy was a good idea. What a bunch of greedy socialist schmucks.

To fight your assessment

Go on line to the State of NH Board of Tax and Land Appeals

Once on the site click Forms then click " Abatement Application to Municipality" and follow the instructions.

After the review by the Board of Selectmen and their decision, if you are still dissatisfied with the decision you can down load the form " Appeal Form to BTLA"


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