Community Info Happenings Club News School Lunches Suppers Wish Lists Hon. Gilford, South Hampton, Dublin and Windsor become donor towns, raising the number of communities returning education taxes to the state to 61. The burden on property-rich towns nearly doubles.
Most communities see a decrease in their state school aid.
That burden shifts to the local level. Under the education-funding formula enacted in 1999, using the state property tax, a selected number of communities return tax dollars to the state for redistribution as school aid to poor communities. Impact on local property taxes depends on amount of construction or growth in a community, Arnold explained. The Department of Revenue was required by law to release the adequacy grants and equalized property values Tuesday. Towns and cities have the right to appeal their equalized value, but no one has ever won an appeal, according to Arnold.