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2013 Belmont property tax burden increases by 3.7%

BELMONT — The New Hampshire Department of Revenue Administration has set the 2013 property tax rate at $22.44 per $1,000 of assessed value, an increase of 74 cents, or 3.4 percent, over the 2012 rate.

The amount to be raised by property taxes rose by $576,369, or 3.7 percent, from $15,602,578 to $16,178,947. The total assessed valuation grew by $1,418,214, or 0.2 percent, from $730,952,949 to $732,371,163.

The town tax increased from $7.42 to $7.53, and the local school tax from $10.93 to $11.67 while the state education tax decreased from $2.16 to $2.11 and the county tax from $1.19 to $1.11.

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