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Laconia property tax burden rises 2.2% for 2013

LACONIA — The New Hampshire Department of Revenue Administration has set the 2013 property tax rate at $22.08 per $1,000 of assessed value, and increase of $1.08, or 5.1 percent, over the 2012 rate.

The amount to be raised by property taxes rose by $831,733, or 2.2 percent, from $38,479,735 to $39,311,468, while the total assessed valuation fell by $53,649,580, or 2.9 percent, from $1,857,853,703 to $1,804,204,123.

The city tax increased from $8.14 to $8.55, the local school tax from $8.81 to $9.40, the state education tax from $2.59 to $2.66 and the county tax from $1.46 to $1.47.

The city's tax cap, enacted by voters in 2005, limits the increase in the total amount of property taxes collected to the previous year's number times an official measure of inflation. An extra allowance for increase due to the value of new building permits is also allowed.

 
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