Correction: Monkton taxes going down, not up
ADDISON COUNTY — Property tax bills for Monkton residents will be smaller for fiscal year 2019 — not larger, as erroneously reported in our Aug. 27 edition. Mistakes were made in calculating the effect of the Common Level of Appraisal on tax bills in several towns.
The total property tax rate for residents, $1.5402, will result in a tax decrease of $48.90 per $100,000 of assessed property. Nonresidents, whose total tax rate is $1.5726, will see a less severe increase in their bills than previously reported — $73.10 per $100,000.
Two other area towns will see slightly different bills than previously reported in the Independent.
Starksboro residents should see a tax reduction of $60.40 per $100,000 of assessed value, while nonresidents should see an increase of $58.40 per $100,000.
Lincoln residents will see a greater reduction in their tax burden than previously reported: $87.40 per $100,000 of assessed value.
We regret the errors.
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