Updated March 2018
In New Hampshire Proving the Equalization Ratio is a Prerequisite to a Valid Property Tax Appeal
A person aggrieved by his assessment may have filed a Tax Year 2017 Abatement Application with the local assessor. That Application was generally due no later than March 1, 2018. The median equalization ratio when applied to the market value can have a significant impact on the degree of merit a case has. The proper assessment of a property is generally the market vlaue mutiplied by the median equalization ratio. The market value of the property is one-half the issue and the equalization ratio is the other half of the issue. The equalization ratio is as important as the market value. At trial both the market value of the subject property and the median equalization ratio utilized by the assessor must be proven to the satisfaction of the Judge. The failure to prove both the median equalization ratio utilized and the market value of the property means no tax relief.
David G. Saliba
Saliba & Saliba
American Property Tax Counsel (APTC)