DERRY — Town officials announce that Derry’s tax rate has been set.
Chief Financial Officer Mark Fleischer reports that The New Hampshire Department of Revenue has set the 2021 tax rate at $24.76. That rate is up $0.42, or 1.75 % from the 2020 rate of $23.34.
Tax bills are scheduled to be mailed with a due date of Dec. 9.
Property taxes are assessed to cover the cost of county, town and education services. The breakdown of the total rate is as follows: Town services, $7.22; local school, $14.82; state education, $1.86; and Rockingham County $0.86 for a total of $24.76.
The town’s portion of the total rate funds services including police, fire, emergency medical services, public works, recreation, libraries, public health, welfare, planning, code enforcement, transfer station, water, wastewater, community access television and administration.
Under the public works department, funding supports purchase, maintenance and replacement of roads, parks, bridges, dams, vehicles, equipment, land and buildings.
Revenues raised by service fees, permits and grants reduce the amount needed to be raised through taxes.
Public water and wastewater systems are funded by user fees. Community access television is funded through Comcast franchise fees.
The Derry Cooperative School District funding supports the district’s students in grades preschool up through grade eight, proving both general and special education services. Derry students attend high school at Pinkerton Academy for grades nine through 12, and the district pays tuition for those students.