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February 13. 2013 12:19PM

NHSUPCO: Signal Aviation Services v. City of Lebanon regarding 1,100% tax increase

In 2006, the City increased the assessed value of Signal’s leased land, not including the improvements, from $77,400 to $868,300, which resulted in a corresponding increase in Signal’s property taxes. The rate at which the City assessed the land, not including the improvements, was approximately $97,452 per acre.

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