TROY \u2014 Rising bills for both the Monadnock Regional School District and Cheshire County hiked Troy\u2019s tax rate this year.<\/p>\n
The N.H. Department of Revenue Administration has set Troy\u2019s tax rate at $29.03 per $1,000 of assessed value. This rate is $4.56, or 18.6 percent higher, than last year\u2019s rate of $24.47.<\/p>\n
Troy\u2019s ratio of assessment is 76.1 percent, according to town Administrative Assistant Cynthia N. Satas. This means that a property with a market value of $200,000 would likely be assessed at $152,200 and owners would pay taxes on this amount.<\/p>\n
The total amount Troy taxpayers will pay to the Monadnock Regional School District will rise about 31.8 percent, from $1,192,094 to $1,570,874.<\/p>\n
Earl Wammack, the district\u2019s business manager, has been unavailable for comment on the increases affecting the district\u2019s seven towns, Fitzwilliam, Gilsum, Richmond, Roxbury, Sullivan, Swanzey and Troy. But the high percentage increase reflects the fact that every town in the district \u2014 with the exception of Roxbury \u2014 saw a dip last year in their local education taxes.<\/p>\n
Katherine E.L. Chambers, the business manager at the time, attributed this, in part, to hundreds of thousands of dollars in unanticipated revenue, which helped to offset taxes.<\/p>\n
While Monadnock district voters shot down the proposed 2008-09 operating budget in March, the default budget of $31,115,261 was $179,436 more than the default budget for the year before. Voters also approved several warrant articles \u2014 including a contract for support staff workers \u2014 and later approved a new teachers contract at a September special meeting.<\/p>\n
Meanwhile, the total amount Troy taxpayers will contribute to Cheshire County rose 48.1 percent, from $242,465 to $359,198.<\/p>\n
In October, Cheshire County Finance Director Sheryl A. Trombly told The Sentinel the county needed to raise about $5 million more in taxes this year.<\/p>\n
Much of the increase, she said, is for the county\u2019s new jail, which is being built off Route 101 in Keene.<\/p>\n
Trombly told The Sentinel that this year Troy also saw an increase in its equalized valuation, which is a measure of the fair market value of commercial and residential properties.<\/p>\n
The result?<\/p>\n
Troy taxpayers are paying a bigger piece of an increasingly expensive county pie.<\/p>\n
Troy also saw a more modest rise in the town portion of its tax rate.<\/p>\n
This, board of selectmen Chairman Aaron K. Patt said, was due, in part, to two factors \u2014 bond payments for water and sewer upgrades and a $75,000 road repavement project voters approved at March\u2019s town meeting.<\/p>\n
Of every $29.03 Troy collects in taxes:<\/p>\n
– $9.22 will go to the town government, up 46 cents, or about 5.3 percent, from last year\u2019s rate of $8.76. This tax will raise $1,033,131.<\/p>\n
– $14.02 will go to the Monadnock Regional School District, up $3.33, or 31.2 percent, from last year\u2019s rate of $10.69. This tax will raise $1,570,874.<\/p>\n
– $2.58 will go to the state education tax, down 27 cents, or about 9.5 percent, from last year\u2019s rate of $2.85. This tax will raise $273,680.<\/p>\n
– $3.21 will go to support Cheshire County government, up $1.04, or about 48 percent from last year\u2019s rate of $2.17. This tax \u2014 which will raise $359,198 \u2014 will support county facilities such as Maplewood Nursing Home and the Cheshire County jail.<\/p>\n
Troy tax bills were sent out Nov. 7 and are due Dec. 9, according to Satas.<\/p>\n","protected":false},"excerpt":{"rendered":"
TROY \u2014 Rising bills for both the Monadnock Regional School District and Cheshire County hiked Troy\u2019s tax rate this year. The N.H. Department of Revenue Administration has set Troy\u2019s tax rate at $29.03 per $1,000 of assessed value. This rate is $4.56, or 18.6 percent higher, than last year\u2019s rate of $24.47. Troy\u2019s ratio of […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3,5,50],"tags":[],"class_list":["post-410","post","type-post","status-publish","format-standard","hentry","category-articles-nh","category-assessing","category-taxes"],"_links":{"self":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts\/410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/comments?post=410"}],"version-history":[{"count":1,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts\/410\/revisions"}],"predecessor-version":[{"id":7149,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/posts\/410\/revisions\/7149"}],"wp:attachment":[{"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/media?parent=410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/categories?post=410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cnht.org\/news\/wp-json\/wp\/v2\/tags?post=410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}