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Welcome to the website for the town of Derry, New Hampshire



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What is the Tax Rate?
Acting Town Administrator Larry Budreau reports that the NH Department of Revenue has set the Town of Derry’s 2014 tax rate at $29.42. The rate is $2.07 lower than in 2013.
 
Tax bills will be mailed the week of November 3 and are due by Tuesday, December 9, 2014.

The lower tax rate is the result of an $852,159 decrease in the amount raised by taxation, a 5.9% increase in property valuations, and an increase in the Veterans’ tax credit from $300 to $350.

 New construction, additions, and remodeling contributed $8.7 million to the $138 million of increased property values.  Recent property sales have favorably impacted valuations.

Property taxes are assessed to cover the cost of county and town services, and state and local education. The amount raised by taxation for County services increased 7.7% this year, resulting in an increase of $.01 on the county portion of the tax rate. The amounts raised for the Town and the Derry Cooperative School District decreased.

The chart below shows the 2013 tax rate, what the 2014 tax rate would be if property values remained the same as in 2013, and the actual 2014 tax rate.
 

Tax Rate
2013
Comparable 2014
Actual 2014
Town Services
$10.39
$10.28
$  9.72
Local School
$17.34
$17.06
$16.11
State Education
$  2.62
$  2.58
$  2.44
County
$  1.14
$  1.22
$  1.15
Total
$31.49
$31.14
$29.42
 
Notably, the tax rate would have declined even if property values did not increase because the amount to be raised by taxation for Town services and education decreased.

The Town used $1,011,831 of fund balance to reduce the 2014 tax rate, similar to the $1,027,368 used to reduce the 2013 tax rate.

The appropriation for Town services funds police, fire, emergency medical services, public works, recreation, public libraries, public health, welfare, planning, code enforcement, the transfer station, water, wastewater, community access TV, and government administration.  Public Works services include the 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 that is needed to be raised by taxation. Public water and wastewater systems are funded by user fees.  Community access television is funded by Comcast franchise fees.    

The school rate is affected by negotiated personnel costs, tuition for Pinkerton Academy high school students, out-of-district student placements, and special education pre-school costs.  Derry Cooperative School District provides kindergarten through 8th grade educational services to Derry students.  The District is comprised of five elementary and two middle schools.   

The revised net taxable assessed valuation of the Town of Derry for 2014 is $2,486,319,882, compared to $2,348,174,549 for 2013.  This is an overall increase of 5.9%.

The following information provides details on the appropriations being funded and the amount of tax being raised by each component of the tax rates for 2014 and 2013:

                                                                                              

Derry Town Services  
2014 
2013
Gross appropriations
$42,012,542
$43,487,667
Less: Revenues
(18,716,709)
(19,902,220)
Add: Veterans’ credits & allowance for abatements
849,808
803,599
Net Town Appropriations to be raised by local taxation
$24,145,641
$24,389,046
 
                                                                

Derry Cooperative School District  
  2014 
  2013
Gross appropriations
$71,264,531
$72,485,324
Less: Adequate Education Grant provided by the State of NH
(25,215,066)
(25,680,050)
School Appropriations to be raised by taxation
$46,049,465
$46,805,274
Amount raised locally by State Education Tax Rate
(5,985,888)
(6,077,304)
Amount raised by Local School Tax Rate
$40,063,577
$40,727,970
 

Summary of Total Property Tax

Commitment    
2014
2013
Derry Town Services
$24,145,641
33.2%
$24,389,046
33.2%
Derry Cooperative School District
46,049,465
63.4%
46,805,274
63.7%
County Government
2,870,262
4.0%
2,666,057
3.6%
Less: Veterans’ Credits
(439,950)
-0.6%
(382,800)
-0.5%
        Total Property Tax Commitment
$72,625,418
100.0%
$73,477,577
100.0%
 

Other Information
Many options for payment are now available for you. For tax, water, sewer, motor vehicle renewals and general billing amounts due, you can mail, drop-off (both inside the building and outside the building located along the drive-thru lane), and/or use the drive-thru options for your convenience. Also, please feel free to use the envelopes provided with your tax bill to make your payment – it is forwarded directly to the Town’s bank and is the most efficient way to pay. The Water and Sewer bills have successfully implemented this payment option since June, 2007. Conveniently, these utility payments can also be sent directly to the Town’s bank only when using the envelope provided. Your future bills and statements will continue to offer you this option which I encourage you to use.

Motor vehicle registrations activity increases dramatically during the last week in the month. I want you to be aware that your service may be delayed if you come in person. EREG is always an alternative way to renew your vehicles if there are no changes in your information. Click here to access E-REG. Your registration and decals, provided they have no changes, will be mailed to you promptly and save you time. Our mail renewals are now sent to all registrants, if you prefer to use the mail option to renew your vehicles. Your registration has a new look - the laser form was created to improve security and aid law enforcement and inspection stations through better information.

The DRA has a program in place to assist Low and Moderate Income Homeowners with Property Tax Relief (RSA 198:56, and REV 1200 rules). This is a State run program and specific filing instructions and program information is available by calling the DRA at (603) 271-2192.  Applications are only available from May 1 thru June 30.