Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

sl8

(16,245 posts)
Sat Jul 6, 2024, 06:08 AM Jul 2024

The Big Reveal: Vt. residents brace for property tax bills

https://www.wcax.com/2024/07/05/big-reveal-vt-residents-brace-property-tax-bills/
(2:20 min. video at link)

The Big Reveal: Vt. residents brace for property tax bills

By Calvin Cutler
Published: Jul. 5, 2024 at 4:48 PM EDT|Updated: 14 hours ago

MONTPELIER, Vt. (WCAX) - Property tax bills will be arriving in the mail soon for Vermonters, and many are likely to suffer from sticker shock. After months of debate over soaring school budgets the yield bill, the average Vermonter will see a 14-percent increase in their bill. But what you will actually pay depends on where you live.

It’s almost tax time in Killington. Bills go out next week and Selectboard Chair Jim Haff says residents will be hit with a double whammy -- high per-pupil spending and a sharp decrease in the common level of appraisal as property values have skyrocketed. It all means taxes are going up 24 percent.

“When these bills go out next week, I think we’re going to see throughout the state a lot of screaming, a lot of shock, a lot of questioning,” Haff said.

While the average school property tax rate is going up about 14 percent, new data published this week from the Department of Taxes details how much your tax rate will rise depending on where you live.

[...]

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The Big Reveal: Vt. residents brace for property tax bills (Original Post) sl8 Jul 2024 OP
This is nuts! Native Jul 2024 #1
They have great schools and services. jimfields33 Jul 2024 #2
I get that. Native Jul 2024 #3
Latest Discussions»Region Forums»Vermont»The Big Reveal: Vt. resid...