ASSESSING INFORMATION          Raymond, NH Tax Maps/Information
Town of Raymond, New Hampshire

The State of New Hampshire requires taxation of all real property on an ad valorum basis in order to pay for local, county and school expenses that have been voted in by the legislative body. In Raymond's case, this is the Annual Town Meeting. The valuation of each parcel of land and of each structure is determined by an assessor hired by the Board of Selectmen. Semi-annual billings are sent to the owners of record based on these valuations. The entire process is overseen by the State Department of Revenue Administration, which ensures that all actions are legal and equitable.

The Town of Raymond went through a revaluation in 2006. The current assessments are now at 97.9% of fair market value.

Additionally, the town has contracted for new tax maps, which will provide a valuable tool for the entire assessment process. The software that will provide access to map information will integrate with the software in which the assessment information will be stored. It's hoped that the technology will let the assessor's office provide more detailed, useful information to taxpayers.

VALUATION OF PROPERTIES

TOTAL VALUATION OF BUILDINGS...... 611,670,400.00
TOTAL VALUATION OF LAND................ 387,592,879.00
PUBLIC UTILITIES.........................................15,176,500.00

TOTAL VALUATION................................ 999,263,279.00

TOTAL EXEMPTIONS APPLIED AGAINST
VALUATION...................................................6,963,600.00

NET VALUATION ..................................... 982,299,679.00		

PROPERTY TAX EXEMPTIONS OFFERED

ELDERLY EXEMPTION:

Requirements:

• Residency in State for three or more years
• Documentation of income not exceeding $37,000 for a married couple or $27,000 for a single person
• Documentation of assets not in excess of $70,000 (excluding the residence)
• Ownership of the property as of April 1st in the year for which the exemption is being claimed
• Proof of age for exemption amounts
• 65-74 as of 4/1             $100,000 off assessment
• 75-79 as of 4/1             $110,000 off assessment
• 80 and older as of 4/1   $130,000 off assessment

EXEMPTION FOR PERMANENTLY DISABLED:

Requirements:

• Residency in State for five consecutive years or more years
• Proof of total and permanent disability
• Documentation of income not exceeding $38,000 for a married couple or $27,000 for a single person
• Documentation of assets not in excess of $70,000 (excluding the residence)
• Ownership of property as of April 1st in the year for which the exemption is being claimed
• $100,000 off assessment.

EXEMPTION FOR SOLAR OR WIND POWERED ENERGY IMPROVEMENTS:

Once application for exemption is made and approved in accordance with the provisions of RSA 72:33, 34 and 34-A.38, the value of the improvements is exempted from taxation.

VETERANS' TAX CREDIT:

A credit of $500 annually from property tax is available to residents who are veterans of the armed services who served for at least 90 days during the time period of one of the nation's wars or armed conflicts, or who has earned an Armed Forces Expeditionary Medal since May of 1975. Wars and armed conflicts as defined by the statute include:

• The Spanish American War      (04/21/1898 to 04/11/1899)
• The Philippine Insurrection        (04/12/1899 to 07/15/1903)
• The Boxer Rebellion                 (06/16/9000 to 05/02/1901)
• World War I                            (04/01/1917 to 11/11/1918)
• World War II                           (12/07/1941 to 12/31/1946)
• Korean Conflict                        (06/25/1950 to 01/31/1955)
• Viet Nam Conflict                     (12/22/1961 to 05/07/1975)
• May 1975 - to the present - only if they have earned a theater of operations medal (another name for the theater medal is the Southwest Asia Medal)
• Persian Gulf War                       (8/2/1990 - no ending date)
  
  An expanded Credit of $2000 is available to veterans who are permanently and totally disabled due to their war service. Veterans who are paraplegics due to their service are totally exempt from taxation on their primary residence.

CURRENT USE TAXATION:

In general, large acreages of open space (ten acres or more) may meet the requirements for a reduced assessment under the State's Current Use Law (RSA 79-A). Application should be made with the Selectmen on or before April 15th of the year to which the reduction is first to apply. Qualifying acreage must not be developed in any way, so yard area or area in general use should be excluded when determining the amount of acreage available to be designated as current use land.

Once application is made and approved by Selectmen, a lien is placed against the property and remains with the property until such time as it is released by the town. Release is made only after a Land Use Change tax equal to 10% of the market value of the property has been assessed and paid. The tax is assessed only when a change in use of the property takes place, i.e. when construction or other development begins. If a property in Current Use is subdivided, each individual parcel becomes subject to the Land Use Change Tax at the time development begins on it. When any individual parcel falls under minimum acreage requirements (i.e., when one parcel of a subdivision is sold to another owner and the acreage of the remaining lots totals less than the required ten acres), it becomes subject to full valuation and to assessment of the Change Tax.

YIELD TAX:

The State requires that any logging operation be preceded by filing of an Intent to Cut form with the Board of Selectmen of the town in which the property is located. The form estimates the amount of wood that will be cut, and a copy is filed with the State Department of Revenue Administration. Once the form for intent is filed with the State, the property owner receives a second form on which the actual amount of wood cut must be reported. For any tax year running from April 1st to March 31st, the report on the prior year's cut must be filed by April 15th. The Selectmen then will assess a tax equal to 10% of the value of the cut.

EXCAVATION TAXES:

The acreage of active gravel pits is exempted from property tax and is subject instead to an Excavation Activity tax. The acreage is assessed at a level comparable to industrial acreage and the annual property tax rate is applied. Additionally, the amount of material removed in an excavation operation is subject to taxation at the rate of $.02 / Yard of material.

Each operator is required to file an annual Intent form with the Board of Selectmen, along with a check for $100 that is forwarded to the State. The State will then send a second form on which the owner must report the actual amount of material removed, as well as the amount of acreage that may have been reclaimed from the pit. The report is due to the Selectmen by April 15th following the end of the tax year.

Obtain and complete the PA-29 Form for Permanent Application for Tax Exemptions (available from the Selectmen's Office)

Obtain and present to the Selectmen's Office, along with the application, proof of age (i.e., a driver's license, other i.d., birth certificate, etc.). Applicants must be over the age of 65 by April 1st in the year for which they're claiming exemption.

Applicants may be requested to furnish proof that they have continually resided within the State for the three year period preceding application. Applications can be accepted only on properties that were owned by the applicant as of April 1st in the year for which they're claiming exemption.

Applicants will be requested to furnish documentation of income to allow the town to determine eligibility by establishing that the following income limits are met:

For a married couple the previous year's income may not exceed $37,000.00.

For a single person, the previous year's income may not exceed $27,000.00.

Applicants will be requested to furnish a complete listing of assets to allow the town to determine eligibility by establishing that the $70,000 assets limit (excluding the property on which the application is claimed) is met.

You may use this link to print a worksheet to be used to accompany the application.

04/28/08

ASSESSMENT INFORMATION IS AVAILABLE AT THE OFFICE OF THE SELECTMEN MONDAY THROUGH FRIDAY, 8:00 AM TO 4:30 PM. THE TELEPHONE NUMBER IS (603) 895-4735, EXTENSION 102.

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