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2018 Draft Budget (as December, 2017):  Town Budget December 2018 Draft<\/a><\/p>\n Tax Rate Explanation 2017<\/a><\/p>\n Tax Rate 2017 Details<\/a><\/p>\n TaxRateSet History<\/a><\/p>\n a) Town wide thirteen (13%) increase in assessed values is why the tax rate is lower (click here<\/a> for tax rate table).  Despite applying approximately $1.4 million (town and school) of prior year surplus money to keep taxes down, $1.4 more needed to be raised in taxes this year than last year.  So, even with a lower tax rate, unless your assessment increase was well below the 13% average, your tax bill went up.<\/p>\n Remember Rye has a low Tax Rate because we have property valued at over $2.1 billion spread across about 2300 taxable properties.  It’s math, not good management.   Editor’s Note: If you believe we are well managed take a look at the condition of Town Hall, the Transfer Station buildings and that departments can no longer wait for longer term plans\/investments but must spend money now (Salt Shed, Recreation facilities, Town Hall maintenance work…), pollution in Parson’s Creek and the PFC carcinogens in our Aquifer protection zone.<\/em><\/p>\n