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Guest editorial: Why would be cut tax credits for job creation?

Posted on August 22, 2014 |
By Emerson Lynn



Effective Jan. 1, 2014, the tax credit allowed Vermont businesses for research and development was cut from 30 percent to 27 percent of the federal credit. The legislation signaling this reduction was signed into law last month, the same month the state went into a tailspin about the future of IBM and its 4,000 jobs.

Included in the legislation is also the requirement that the state tax department publish the names of all those who avail themselves of the reduced tax credit.

full story

Opinion: Brandon woes won't soon go

Posted on August 20, 2014 |
By Brian Fillioe



Wow, with all that Brandon has to worry about, such as almost $1 million in delinquent taxes, a budget going up for vote for try number five, some people are apparently obsessed with Richard Baker. Mr. Baker’s name was on the recently published list of delinquent taxpayers and is a former selectman and interim town manager.

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ANeSU communities see tax levies increase

Posted on August 18, 2014 |
By Zach Despart



ADDISON COUNTY — Most property owners in the five-town area are seeing higher tax bills than last year.

Selectboards in Bristol, Lincoln, Monkton, New Haven and Starksboro set municipal tax rates in the past month or so to pay for town staffing obligations and highway spending.

Town leaders have also received final homestead and non-residential school tax rates from the state, allowing towns to send out 2014-2015 tax bills. Each of the five towns are served by the Addison Northeast Supervisory Union.

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Waltham tax hike largest in ANwSU

Posted on August 18, 2014 |
By Andy Kirkaldy



WALTHAM — The Waltham residential property tax rate for the current fiscal year rose by 28.74 cents, or about 16 percent, the largest increase among the five Addison Northwest Supervisory Union towns.

Waltham’s selectboard set its residential and non-residential tax rates last week. Like all Vermont property tax rates, an increase in the statewide school tax rate pushed the town’s rates higher.

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Middlebury dips into option tax surpluses

Posted on August 14, 2014 |
By John Flowers



MIDDLEBURY — The Middlebury selectboard on Tuesday agreed to take $200,000 from the town’s local option tax fund that is reserved for Cross Street Bridge-related expenses in order to bankroll the relocation and undergrounding of utilities and power lines associated with the soon-to-be built new municipal building at 77 Main St.

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Addison, Panton set tax rates

Posted on July 31, 2014 |
By Andy Kirkaldy



ADDISON/PANTON — Taxpayers in Addison and Panton, as expected, are receiving higher bills in 2014 than in 2013, but the increase in Panton is not as dramatic as Addison Northwest Supervisory Union officials had projected.

Selectboards in both towns adopted municipal tax rates — levies to pay for town office and road spending — in July, Addison’s on July 1 and Panton’s on July 22.

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Middlebury residential tax rate up by 8.4 cents

Posted on July 10, 2014 |
By John Flowers



MIDDLEBURY — The Middlebury selectboard on Tuesday approved a fiscal year 2015 municipal tax rate of 94 cents per $100 in property value, representing an almost 3-cent bump and a 3-percent increase from the current town rate of just over 91 cents.

When added to education property taxes computed by the state, Middlebury taxpayers will be assessed an overall fiscal year 2015 residential property tax rate of $2.717 per $100 of property value.

That rate is up 8.4 cents from the fiscal year 2014 rate of $2.633, an increase of about 3.2 percent.

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City's municipal tax rate up 9 cents

Posted on June 26, 2014 |
By Andy Kirkaldy



VERGENNES — Vergennes aldermen on Tuesday made final their decision to adopt a $2,087,959 city budget that means a 9-cent increase in the municipal tax rate, of which 7 cents will pay for the new Vergennes police station.

The new rate aldermen adopted on Tuesday to solely fund city services, not schools, is 72.5 cents, up from the current 63.5-cent rate.

full story

Lawmakers lament school tax hikes

Posted on March 13, 2014 |
By John Flowers



MIDDLEBURY — While the Vermont Legislature did not convene last week, lawmakers received a homework assignment doled out by area voters on Town Meeting Day: Do something about rising education property taxes.

Vermont residents voted down 35 of approximately 250 school budgets that were on communities’ town meeting dockets on March 3 and 4 — the largest number of failed spending plans since the advent of Act 68 in 2005, according to Rep. David Sharpe, D-Bristol.

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VUHS seeks to close $1 million budget gap

Posted on January 13, 2014 |
By Andy Kirkaldy



VERGENNES — The Vergennes Union High School board is looking at a budget draft that if adopted as it stands could, according to Addison Northwest Supervisory Union officials, trigger a 20-percent hike in the VUHS portion of the property tax rates in the five ANwSU towns.

Around 100 students, residents and teachers attended a Wednesday VUHS board meeting at which board members wrestled with a preliminary budget draft that could boost school spending next year by about 5 percent to almost $10 million, not including a separate $100,000 Capital Improvements Fund.

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