Derry tax bills sent out; payments due by July 1
DERRY — It’s that time of year again, as preliminary property tax bills have been mailed out to residents and businesses, with payment due by July 1, according to town officials.
Payments not received by that date will be subject to interest at 12 percent per year in accordance with New Hampshire law, Frank Childs, chief financial officer, said in a news release.
Childs explained that the bills are computed using a taxpayer’s current assessed property valuation multiplied by ½ of last year’s tax rate, which was $31.49 per thousand of valuation.
This billing represents the first of two billings for the 2014 tax year. The final tax bill will be mailed in the fall, once the 2014 tax rate has been set by the State of New Hampshire Department of Revenue Administration (DRA). Payment for that final tax bill is usually due by Dec. 1 of each year, Childs said.
Taxpayers who don’t receive their tax bills, or if they have any bill-related questions, are asked to call the tax collector’s office at 432-6106.
On the back of the tax bill, taxpayers will find information on elderly exemptions, veteran credits, and elderly and disabled deferral programs that the town makes available, Childs said.
Also, the DRA has a program to assist low- and moderate-income homeowners with property tax relief.
This is a state run program and specific filing instructions and program information are available by calling the DRA at 230-5000, Childs said.He also mentioned that the program information and the DP-8 application forms are available at the Municipal Center from the tax collector’s and assessing offices from 7 p.m. to 4 p.m. Monday through Friday and Wednesday at the tax collector’s office until 7 p.m. Filing instructions and information can also be found on the town’s website, www.derry-nh.org. The last day to file an application, with the DP-8 form, for tax relief for the 2013 tax year is June 30.For questions about the assessing process, contact Assessor David Gomez or any member of the assessing staff at 432-6104.