|
Assessing Department
|
The Assessing Office is located on the first floor of the Town Office building at 10 Front Street. Our business hours are Monday thru Friday 8AM-4:30PM. Feel free to stop in! |
Taxpayers can view their Exeter property and assessment information on-line thru Vision Apprasal. This database is continually updated to reflect the latest assessment information. You can also print your property card online. Click here to go to the Vision Appraisal Database.
2009 Property Tax Rate Information
The Town of Exeter received its annual tax rate from the State of NH Dept of Revenue in November at $22.62 per 1000. The new rate is used to calculate the second half of the 2009 tax bills. Second half tax bills for 2009 are due December 23, 2009.
The breakdown of the rate follows: Town $6.63; Local School $12.60; State Education $2.37, and the Rockingham County portion $1.02, a total tax rate of $22.62.
The department offers updated property value lists, assessment records on Vision Appraisal, current tax maps on Maps on Line using links on this web site. Also all information is available for the public at the office counter terminal.
Property exemptions and Veterans tax credit forms are available at the Assessing Office Monday thru Friday 8:00AM - 4:30PM. Deadlines for these programs are April 15 of each tax year. For questions regarding these programs or assessment information, please call 778-0591 and ask for the Assessing Dept.
Please Note: The assessment process is not utilized to raise or lower taxes paid by individuals, but to be sure that all owners of similar classes of properties are sharing the burden equitably. The assessment value does not raise or lower the tax bill on a property, that is a result of budgetary requirements.
FREQUENTLY ASKED QUESTIONS
Why have the assessments changed from the previous year?
In accordance with RSA 75: 8, the Town has implemented a program of assessment updates as the real estate market changes. This recent value change is a reflection of sale price values rising or falling. Click here to view RSA 75: 8.
Does this program constitute a full revaluation?
No. A private appraisal company conducted the last full revaluation in 1997. Since then, the Town has instituted a program of cycled inspections and adjustments to the assessments to keep current with market conditions.
When will we have a full revaluation?
Ideally, never. If we proceed along the update process, there will be no need for a complete revaluation by an outside company. Currently, this type of outside revaluation would cost hundreds of thousands of dollars for Exeter. While costs are not as important as equitable assessments, the Town will not need a revaluation if we continually keep assessments current with our existing resources.
How can assessments change when nothing physical has happened to my property?
The market has been increasing dramatically for all properties in Town over the past 3-4 years. Even if nothing physical has happened to your property, it is worth more today than 3 years ago due to the demand of properties in Exeter for a multitude of reasons.
How can you reassess my property without inspecting it?
The Town has hired outside help to inspect the interior and exterior of all taxable property. This field inspection process is on a three-year cycle where one third of Exeter is inspected each summer. Data is collected and corrections are made and revalued on the assessment record.
What is the basis for the changed assessment?
Real estate sales. Specifically, open-market sales. This past year there were over 400 open-market sales of properties in Exeter. Studies of these market sales, along with their respective assessments, provided the basis for the changes in assessed value this year.
So, if I purchased my property recently, the assessment should be the sales price?
Not necessarily. The new assessments reflect the probable selling price based upon the sales of all similar properties in Town. Individually, this means that a person may have paid more or less than what was typical for that type of property.
Are elderly exemptions - credits and current use assessments reflected in the new assessments?
Elderly exemptions are not reflected in the assessments. If you currently receive exemptions or credits, you will continue to do so with no further action on your part. Current use assessments are shown in the new assessments.
What if I disagree with the updated assessment?
If you believe the new assessment overstates the value of your property, you may file for abatement at the Assessor's Office after you receive your fall tax bill. The owner must prove to the Town with facts & figures that their property is over-valued. |
