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Calculated Impact of School Articles on Amherst Property Taxes






The property tax rate includes operating expenses for the town, county, and school system. The school component accounts for approximately 75% of the homeowner’s total tax liability:


Line Item

Rate Per $1,000 Assessed Value

Percentage of Total

Town

4.32

20.4%

County

0.93

4.4%

Schools

15.88

​75.2%

Total

21.13

100%

A number of warrants and articles will be on the March 2023 ballot and these can potentially increase our school tax liability by 17.8% if approved.


A description of articles and tax impact if passed:

Line Item

Description

Tax Rate Per Thousand

Operating Budget

Current Rate

15.88

Article 12

Bond for School Addition

1.74

Article 13

​Operating Budget

0.37

Article 14

Collective Bargaining

0.29

Article 15

Special Meeting if 14 Defeated

0.00

Article 16

Staff Salary/Benefit Increases

0.05

Article 17

Special Meeting if 16 Defeated

0.00

Article 18

Capital Facilities Repair (from Surplus)

0.00

Article 2

​Operating Budget, Souhegan Cooperative

0.37

Total

18.70

The Article 12 rate is lower for year one ($0.57) but increases sharply for years 2-25 ($1.74).

The overall town tax rate will subsequently increase to 24.08 if the Amherst operating budget is also approved (4.32 to 4.45, +3%).


The impact of each warrant article on assessed property value is presented below:


This represents a 17.8% increase in school-related taxes. ($7480 - $6352 = $1,128; $1,128/$6352 x 100 = 17.8%).


Remember - this is just the school portion of your property taxes, the full tax impact will be 1.29x higher (24.08/18.70).


References










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Dear Amherst Neighbors

The links at the bottom have been inserted by the blog host. I'm writing to you, somewhat belatedly (but not too late thanks to the snow storm), about the candidacy of Jason Sorens to the Amherst Plan

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john.p.guzowski
15 févr. 2023

A detailed description of warrant articles can be found at the SAU39 website - https://www.sau39.org/administration/finance/budget_information/amherst

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