Francestown tax rate up by 86 cents
FRANCESTOWN — The town’s tax rate for 2012 has been set at $21.61 per $1,000 assessed value, a 4-percent increase over last year’s rate of $20.75 per $1,000.
Based on the 2012 rate, the owners of a home assessed at $200,000 will pay $4,322 in taxes, $172 more than they would have paid for a home of the same value last year.
The town portion of the tax rate went from $6.70 last year to $6.84, a 2.1-percent increase.
One of the biggest increases to the town’s expenses this year was a $20,000 increase to the administrative budget, the majority of which went topay the wages for the administrative coordinator and add a part-time clerical assistant position at the town offices.
The local school portion of the tax rate went from $10.51 last year to $11.47, a 9.1-percent increase.
In a recent interview with the Ledger-Transcript, ConVal School District Business Administrator Marian Alese said the school district had used a much smaller portion of the fund balance this year than it had in 2011, which resulted in the local school tax rate going up for most towns.
In 2011, the district used $625,000 from the fund balance to keep school taxes low. This year, only $116,000 was used.
The state school portion of the tax rate went from $2.49 last year to $2.23 this year, a 10.4-percent decrease.
The county rate went up by 1.9 percent, from $1.05 last year to $1.07 this year
Tax bills will be mailed out this month, with a due date of Dec. 10, according to the town’s website.
Ashley Saari can be reached at 924-7172 ext. 235 or firstname.lastname@example.org. She’s on Twitter at @AshleySaari.