Windham Tax Rate Increases by 40 Cents per $1K

October 31, 2014
 

by Barbara O’Brien

Windham’s Tax Rate has gone up by 40 cents per $1,000 assessed property valuation, an increase that translates into about $380 on the typical home. In the Town of Windham, a typical home is currently assessed at a value of about $350,000. This is down from about $400,000 several years ago, prior to the onset of the recession in 2008.

Town Administrator David Sullivan made the announcement earlier this month, commenting that the higher tax rate is actually less than had been anticipated. The increase was not as bad as originally thought, Sullivan said, due to the influx of additional revenue.

For 2013, Windham’s overall tax rate was $23.60 per $1,000 assessed property valuation. This year, the New Hampshire Department of Revenue has set the 2014 tax rate at $24 per $1,000 assessed property valuation, an increase of 40 cents overall. The two areas of increase are town and school district. The town portion of the Windham Tax Rate has gone up by 17 cents (4%) per $1,000 assessed property valuation, while the school district share has risen 23 cents (1.4%) per $1,000 assessed property valuation over 2013.

The second of the two semi-annual tax bills will go out shortly, with payment due within 30 days of the date of the bill.