This section of the MS-1 is only applicable to municipalities. It is not displayed for village districts.
At any point during the process of filling out the fields in this tab you can click the "Save & Recalculate" button to update the calculated totals on respective tabs and to save your progress.
For each land category, list the Total Number of Acres Receiving Current Use, and the Assessed Valuation. Then, enter the Number of Acres in the Other Current Use Statistics table at the bottom of the page.
Land Use Change
Please enter the Dollar Amount of the Gross Monies Received for Calendar Year (January 1st through December 31st). Then, list either the percentage and/or the Dollar Amount for the Conservation Allocation. You may choose to enter notes if applicable. Then, enter the Dollar Amount for the Monies to Conservation Fund and Monies to General Fund. The sum of the Dollar Amount of the Monies to Conservation Fund and Monies to General fund must be equal to the Gross Monies Received for Calendar Year (General Fund + Conservation Fund = Gross Monies Received for Calendar Year).
For each land category, list the Total Number of Acres Receiving Conservation Restriction and the Assessed Valuation. Then, enter the Number of Acres in the Other Conservation Restriction Assessment Statistics table at the bottom of the page.
Complete this section by entering the Total Number of Acres, Owners, Assessed Valuation, and Description of Discretionary Easements Granted (e.g. Golf Course, Ball Park, Race Track).
Discretionary Preservation Easements
Complete this section by entering the Total Number of Owners, Total Number of Structures, and Total Number of Acres. Then, enter the Assessed Valuation for Land and Assessed Valuation for Structures.
To enter the Map, Lot, Block, Percentage, and Description for the Discretionary Preservation Easements, begin by clicking Add Line. You may add up to 30 lines.
Complete this section by entering the Total Number Granted, Total Number of Structures, and Total Number of Acres. Then, enter the Assessed Valuation for Land and Assessed Valuation for Structures.
TIF (Tax Increment Financing Districts)
Click Add Line to enter a Tax Increment Financing District, you can add up to 30.
For each Tax Increment Financing District, enter the TIF District Name, Date of Adoption/Modification, Original Assessed Value., Unretained, and Retained Captured Assessed Value. If desired, the user may also enter notes.
Modified Assessed Value
|This line is unchanged from prior years. The modified assessed value is the total assessed value of a municipality minus some specific exemptions. |
The modified assessed value is used to calculate the total equalized valuation for each municipality.
|The total assessed valuation for a municipality minus the value of exemptions.|
This figure includes the entire value of the TIF properties both the original assessed values and the captured assessed value whether retained or unretained.
Less TIF Retained Value
|The portion of captured assessed value that will be used for the retirement of bonds and/or the operation of the TIF district.|
The “unretained” value is the excess captured assessed value which is not used for the retirement of bonds or the operation of the TIF district and is returned to the tax lists. These monies are not to be deducted on Line 21B.
Net Valuation Adjusted to Remove TIF Value
|The Net Valuation minus the TIF retained value. If a municipality is not retaining any value for the retirement of bonds or the operation of the TIF district, Lines 21A and 21C will be the same.|
This figure is used to calculate the municipal, county and local school tax rates.
|The assessed value of utilities as reported on Line 3A of this report.|
Net Valuation without Utilities Adjusted to Remove TIF Retained Value
|The net valuation minus the TIF Retained Value and the utility values|
This is the figure that will be used to calculate the state education tax.
|The TIF section of the MS-1 has been amended to show municipalities the prior year’s TIF figures.|
Space has been provided for a municipality to insert any attachments. The DRA will not be reviewing these attachments as part of the MS-1 process.
PILT (Payment in Lieu of Taxes)
Complete this section by entering the Revenue and Number of Acres for each source. Then, if your municipality has entered into an agreement for a payment in lieu of taxes with a renewable generation facility in pursuant to RSA 72:24, use the Add Line button to add the Revenue and select the Source. You may add up to 30 Sources.
Click the Add Line button at the bottom of the page to add any Other Sources and Revenues from MS-434 Account 3186.