Article 21: Town Wide Revaluation $146,000

Here’s a link to the Article as it will appear on the Ballot:

Article 21.pdf

What it means: The $146,000 will fund the revaluation of all properties in Hampton. The last town-wide valuation was in 2011.

Those in favor say: This is a self-funding expenditure for most homeowners, because with all the new construction in town, the updated valuation should distribute the tax burden more fairly across a wider base.

Those against say: No one spoke against this Article at Deliberative Session.

Fiscal Impact:   The average Hampton home valued at $329,000 would bear an increased tax cost of $17.27 if this Article passes.