It’s been a reality evident to homeowners for decades: New Hampshire public services are overwhelmingly driven by property taxes. Now, a new analysis by the New Hampshire Fiscal Policy Institute has quantified that dependency. In 2022, New Hampshire cities and towns relied on property taxes for 61% of their total revenues, the highest proportion of […]
Even as home price growth has slowed and now trails inflation, property tax bills are still climbing across much of the U.S. as assessments catch up to the sharp appreciation of the early 2020s. A new Construction Coverage analysis finds property taxes are now the fastest-growing source of state and local revenue, rising by more than $96 billion (+13.7%) from 2022 to 2024—far outpacing sales and corporate income taxes. The report breaks down effective property tax rates and median taxes paid at the state, county, and city level, revealing stark regional and local disparities.
While practicing real estate in the Lakes Region during the past 48 years, I’ve always had an interest in studying why people move to our stat…
LACONIA — The Downtown Tax Increment Financing District advisory board is considering a color-coded system for city streets among other improv…
New Hampshire’s energy industry got the first look Wednesday at a study that could guide how the state governs small-scale renewable energy ge…
This week, President Joe Biden attempted to inject life into his ailing presidency by dragging out of the closet the hoariest of political cli…
LACONIA — The city is pushing the state, after 53 years, to live up to its pledge to share 40 percent of the revenue from the Meals and Rooms …