City of Lebanon issued the following announcement on October 26.
The City of Lebanon 2021 Total Tax Rate has been set by the New Hampshire Department of Revenue Administration at $26.98, down from $27.09 in 2020, resulting in a net reduction of 0.41%.
The municipal portion of the total tax rate was projected to be $10.21 (2.5% over 2020). Increased revenue sharing by the State of New Hampshire for Meals and Rooms Taxes has provided the City with an additional $330,000 in unanticipated revenue. That amount combined with an increased total net valuation for taxable land within the City has dropped the anticipated tax rate increase for 2021 to 1%.
A breakdown and comparison of the 2020 and 2021 Tax Rates is as follows.
JurisdictionTax Rate 2020Tax Rate 2021$ Change
Municipal | $9.96 | $10.06 | $.10 |
County | $1.86 | $1.70 | ($.16) |
Local Education | $13.28 | $13.20 | ($.08) |
State Education | $1.99 | $2.02 | $.03 |
TOTAL | $27.09 | $26.98 | ($.11) |
Learn more about City of Lebanon taxes on our Tax Collections page.
Original source can be found here.
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