DOVER-Residents will see a 5.1% jump in property taxes in 2004. - 2003-11-26
The total budget for spending is established at $3,438,422. This is a $331,761 increase from the current budget of $3,106,661. This indicates a 10.7 % increase in budgetary spending from the current year.
Even with the 10.7% total increase in spending, Dover property taxes will only increase 5.1% in the coming year. This is due to other sources of revenue, such as increased mortgage and sales tax collections, and increased building permit fees.
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