Starksboro’s property taxes will rise

STARKSBORO — An increase in education property tax rates will lead to higher tax bills in Starksboro this year.
On July 16 the town selectboard set the 2019–2020 municipal tax rate at $0.6011 per $100 of assessed property value, a decrease of 0.5 percent.
The rate includes $0.0012 to raise the amount granted as an exemption for disabled veterans.
The town’s residential education tax rate for fiscal year 2020 increased by 5.4 percent to $1.6413, in part because this year the Mount Abraham Unified School District is not receiving the one-time tax discount of 8 cents it received last year as part of Act 46 school consolidation incentives.
Starksboro’s nonresidential education tax rate increased by 1 percent to $1.6135.
The total property tax rate for Starksboro residents is $2.2424, a 3.8 percent increase over last year, and the total nonresidential tax rate is $2.2146, a 2.5 percent increase.
Starksboro’s common level of appraisal (CLA), as reported by the Vermont Department of Taxes, decreased by 0.21 points to 98.79.
Residents paying on the full value of their property will see a tax increase of $81.10 per $100,000 of assessed value, and nonresidents will see an increase of $14.60.
Residents who pay based on their incomes are likely to receive prebates for a portion of their school tax bills. About two-thirds of county residents receive prebates.
Tax bills were scheduled to go out at the beginning of August.

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