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Tax rate up by 83 cents



Monadnock Ledger-Transcript
Tuesday, November 28, 2017

Both school and municipal tax rates are up slightly this year, accounting for most of the 3 percent increase to Wilton’s tax rate.

Wilton’s 2017 tax rate has been set at $27.17 per $1,000 of valuation, an increase of 83 cents from last year’s rate. Most of that increase is found in the town’s portion of the tax rate, which is set this year at $6.93, up 8.4 percent from last year’s rate of $6.39.

Among expenses this year included the purchase of a new fire truck, and $300,000 in renovations to the Town Hall courtroom and offices, which are currently ongoing. 

The local school rate is also up slightly this year, going from $16.42 to $16.69, a 1.6 percent increase. 

The county rate has remained relatively stable, shifting only a penny, from $1.27 in 2016 to $1.26 this year. The state education tax is also up by a few cents, from $2.26 to $2.29.

The tax increase means that a person owning a house valued at $200,000 can expect an annual tax bill of $5,434, a $166 increase over a home with the same valuation last year. 

The fall tax bills have been mailed out and are due by Dec. 8.

  

Ashley Saari can be reached at 924-7172 ext. 244 or asaari@ledgertranscript.com. She’s on Twitter @AshleySaariMLT.