February 25, 2010

Property taxes to go up minimum of 12.37%
Could be as high as 21.87%, depending on voting results

GOFFSTOWN - No matter what happens on March 9th, Goffstown's property owners will be seeing a sizeable increase in their property taxes.

The minimum increase taxpayers will face is 12.37%.  That's if all appropriation articles on both the town and school warrants fail, and if both proposed budgets pass.  This equates to an increase of $670.00 on a home assessed at $250,000.

But the worst-case scenario would almost double that amount.  

If taxpayers vote NO on the proposed town and school budgets, then the higher default budgets would kick in, resulting in an increase of 15.78%.  And if all appropriation articles on both warrants pass as well, the total property tax increase will be 21.87%.  This means taxes for a $250,000 home will go up another $1,185.00 over this year.

To assist Goffstown taxpayers in determining how various warrant articles will directly affect their taxes, we have prepared a Property Tax Calculator.

The calculator allows you to enter your current assessed property value, then vote Yes or No on all the appropriation articles that will appear on the Town and School warrants.  The resulting increase in YOUR personal property taxes are then instantly displayed.

To use the Property Tax Calculator, click here.

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