Our property taxes will NOT go down.
Our property taxes will go up at the rate of inflation (currently about 4%),1 but with no flexibility to address occasional higher expenses.
Here's why our property taxes will still rise
65% of our property taxes fund our local schools, and the cap still lets that portion rise every year.
About 65% of our property taxes in Hollis fund our local schools.2 The cap still allows the school budget to rise every year by the rate of inflation, so the school portion of our property taxes will still go up.
The school budget went up by about 4% in each of the last 5 years, with the exception of one year. Our school board and superintendent have been very responsible with our money. Let's let them keep up the good work.
Our property taxes go up because they pay for many vital town functions:
ALL these expenses are subject to inflation and ALL are paid for by our property taxes. Just with the huge increase in fuel expenses alone, the costs for our town and department budgets will increase.
Northeast energy prices rose 18% and gasoline 30.5% in the year to August 2026.1