Town Offices will be closed Thurs, NOV. 23 and Friday, NOV. 24 is observance of the Thanksgiving holiday.
The members of the Select Board will meet for a 5:00 PM work session followed by a regular Select Board meeting at 6:00 PM, on the following dates: Monday, November 27
The Recycling Center will be open on Wed., Nov. 22 from 8-4pm
Plymouth Board of Selectmen Announce the 2017 Tax Rate
The Plymouth Board of Selectmen have set the 2017 tax rate for the Town, local and regional School districts, County and State school tax with an overall rate of $29.58. This rate is up by $4.39 from the 2016 tax rate of $25.17. The breakdown is as follows:
Town $8.74 to $11.06 up $2.32/$1,000 in valuation
County $1.85 to $1.96 up $.11/$1,000 in valuation
Schools $12.17 to $14.10 up $1.93/$1,000 in valuation
State $2.41 to $2.44 up $.03/$1,000 in valuation Education
The increases shown above are not necessarily due to an increase in the entities budget appropriations; however, can for the most part be attributed to a dramatic decrease in anticipated revenues from projected sources including shared revenue receipts from the State of NH and grants anticipated totaling over $900,000 for the Town and additional revenue that was not received as expected by the Schools. Further, the Select Board have had to expend extensive litigation fees in an attempt to keep a medical and housing facility located within our community as taxable properties. The Town was unsuccessful and lost these litigation attempts. The Town was mandated to return taxes and interests totaling approximately $155,000 and another $70,000 due to this, in this fiscal year to these entities and, has been forced to make these entities either partially or fully non-taxable properties. With the $900,000 decrease in projected revenue and $155,000 returned in taxes to these entities, the Town’s rate needed to increase by $2.34.
Over the past several years the Selectmen have been able to utilize their savings “undesignated fund balance” to offset the tax rate(s) of one or more of the above entities to keep the tax rate as level as possible. This year, and due to the utilization of the amounts of undesignated fund balances in prior years, the Town was unable to offset any of the 2017 entities.
The members of the Board of Selectmen are taxpayers in the community as well and know that this increase is going to affect each and every one of us. The increase is not taken lightly by any of us and as we begin to work on our 2018 budgets for the coming year, the decrease in revenues are being taken into account when we set the budget needs for each department.
Office Hours: M-F from 8:00 AM to 4:30 PM Town Offices: 6 Post Office Square Plymouth, New Hampshire 03264