Hooksett residents face potential 11 percent tax hike amid budget deliberations

January 16, 2025 | Hooksett, Merrimack County , New Hampshire


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Hooksett residents face potential 11 percent tax hike amid budget deliberations
The Hooksett Budget Committee meeting on January 16, 2025, focused on the potential impact of the upcoming municipal budget on local taxpayers. A retired veteran expressed appreciation for the police and fire departments, acknowledging their challenging work. However, he raised concerns about the projected increase in the municipal tax rate.

According to his calculations, if all proposed budget items pass during the deliberative session in two weeks, the municipal tax rate could rise by 11.82%, increasing from $4.82 per $1,000 to approximately $5.39. He emphasized that this increase could make living in Hooksett unaffordable for many residents, particularly since the municipal budget is only a portion of the overall budget, with the school budget still to be considered.

The speaker noted that the deliberative session is expected to be lengthy and significant, as it will address these pressing financial concerns. The discussion highlighted the challenges facing the community as they navigate budgetary decisions that could affect the affordability of living in Hooksett.

View full meeting

This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

View full meeting

Sponsors

Proudly supported by sponsors who keep New Hampshire articles free in 2025

Scribe from Workplace AI
Scribe from Workplace AI