Derry Established Tax Rate at $24.34
Chief Financial Officer Mark Fleischer reports that the NH Department of Revenue has set the
Town of Derry’s 2020 tax rate at $24.34. The rate is $1.78 lower than in 2019, due to the state-
required revaluation of all taxable property in Derry. Tax bills will be mailed shortly with an
expected due date of December 28, 2020.
Property taxes are assessed to cover the cost of county, town and education services. The chart
below shows the 2020 tax rate as compared with the 2019 tax rate.
Tax Rate 2019 2020
Town Services $ 7.72 $ 7.15
Local School $15.36 $14.45
State Education $ 2.06 $ 1.88
Rockingham County $ 0.98 $ 0.86
Total $26.12 $24.34
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 District funds support the education of students in Pre-School - Grade 8 providing
both general and special education services. Additionally, the district currently pays tuition for
Derry students to attend Pinkerton Academy for grades 9 - 12.
The revised net taxable assessed valuation of the Town of Derry for 2020 is $3,555,437,130
compared to $3,209,317,945 for 2019, or an increase of 10.8%. Due to the revaluation of
property, it is difficult to gauge any changes in tax burden. Based upon the 2019 assessed
valuation and any increases due to new construction in the community, the changes in the tax
burden for 2020 has been calculated as follows: Town 1.8%, Total School 3.4% and County
(2.6%).