Municipal Considerations
- Derry is the 4th Largest Community in NH with a population of 34,317 (US Census 2020)
- It takes about $1.4 Million in new commercial development to decrease our property tax rate by one penny ($0.01)
- A unified town with a clear sense of the town’s identity are two important considerations to move Derry forward
Current State
- Masterplan was updated during 2020 & 2021
- Community input was gathered
- Town Council and Administrative Departments use the Masterplan to guide ongoing initiatives
- Annual Budget - $51.6 Million
- 260 Town Employees
- 226 union employees covered by 7 contracts
- Five-year contracts in place – expiration 2026
Understanding Derry's Tax Rate
- Derry’s 2021 tax rate at $24.76 is currently ranked #59th out of 259 NH communities…58 communities have higher tax rates
- In 2015 Derry ranked 30th only 29 communities had higher tax rates
- Derry has benefitted from prudent fiscal management and a professional town staff that has fostered economic development
Current Initiatives
- Exit 4A
- Abbott Court Development
- West Running Brook Village
- Public Safety Facility - emerging