During the recent Budget & Selectmen Joint Public Hearing held on February 12, 2025, the Town Council of Woodstock, New Hampshire, presented key financial figures that will impact local taxpayers. The council revealed that the total appropriations for the upcoming budget stand at $9,226,942, which includes special warrant articles totaling $3,498,808.
The anticipated revenue for the town is projected at $5,000,797, leading to an estimated amount to be raised through taxes of $3,429,042. This figure translates to an estimated tax rate of approximately $1.38 per thousand dollars of assessed property value, although this rate may fluctuate as the year progresses and further assessments are completed.
This budget discussion is crucial for residents, as it outlines the financial framework for the town's services and projects in the coming year. The council's transparency in presenting these figures allows community members to understand how their tax dollars will be allocated and the potential impact on their financial responsibilities.
As the council continues to refine the budget, residents are encouraged to stay engaged and informed about how these decisions will shape the community's future. The next steps will involve further assessments and discussions to finalize the budget, ensuring that it meets the needs of Woodstock's residents while maintaining fiscal responsibility.