PART FOUR: State Education Property Tax - Locally raised, locally kept

February 1st, 2019

On every New Hampshire property tax bill, there are two line items that fund the local school district: the statewide education property tax (SWEPT), and the local education tax. Since 1999, every town and city in New Hampshire has been required to apply SWEPT to eligible properties in their municipalities. Because the state doesn’t cover the entire cost of our public schools, most towns and cities must raise additional funds through a local education tax to make up the difference.

Read more here.