Town Meetings Approve Proposed 2015 Budgets

2015 tax bills estimated to drop 4.1%

By Ed Hiller, Budget Committee

1504 Tax TablesFor the record, the 2015 annual meetings of the Town of Andover, the Andover School District, and the two Andover Fire Department precincts voted to fund and appropriate the budgets recommended by the Andover Budget Committee, as presented in The Andover Beacon for March 2015. The total appropriations (net of pass-throughs) are $6,553,046, down by $158,250 (down 2.4%) from last year.

Estimating the resulting tax bill requires estimating the revenues and surplus funds available to offset taxes. Assuming that these amounts are the same as last year, and recognizing that the New Hampshire Education Grant to Andover for 2015 is up significantly from last year, it is estimated that the total amount to be raised by taxes for 2015 will decrease approximately 4.1% over the amount for 2014.

For a property evaluated at $200,000 the 2015 tax bill will be approximately $173 lower than last year’s tax bill.