News
Starksboro sees a 3.4% hike in its town tax rate
STARKSBORO — Educational and municipal property taxes are going up in Starksboro.
On July 21 the town selectboard set the 2020-21 municipal tax rate at 0.62.17 cents per $100 of assessed property value — an increase of 2.06 cents, or 3.4%.
This rate includes 0.1 cent to raise the amount granted as an exemption for disabled veterans.
The town’s residential education tax rate for fiscal year 2021 increased by 11.31 cents, or 6.9%, to $1.7544.
Starksboro’s nonresidential education tax rate increased by 10.49 cents, or 6.5%, to $1.7184.
The total property tax rate for Starksboro residents is $2.3761, an increase of 13.37 cents, or 6%.
The total nonresidential tax rate is $2.3401, an increase of 12.55 cents, or 5.7%.
Starksboro’s common level of appraisal (CLA), as reported by the Vermont Department of Taxes, decreased by 4.05 points to 94.74.
Residents paying on the full value of their property will see a tax increase of $133.70 per $100,000 of assessed value, and nonresidents will see an increase of $125.50.
Starksboro residents who pay based on their incomes are very likely to receive prebates for a portion of their school tax bills, and some will also receive municipal tax credits.
In 2019, nearly three-quarters of Starksboro residents received education tax credits, according to the Vermont Department of Taxes.
Last year, 415 of the town’s 574 house sites received credits totaling $548,068, or an average of $1,321.
In addition, there were 70 Starksboro recipients of municipal tax credits, which averaged $359.
The town iss planning to mail out tax bills this month
More News
Homepage Featured News
Career Center students learn in the field
Around two dozen Patricia Hannaford Career Center students have temporarily swapped their … (read more)
News
Free summer food options in decline
Changes in demographics, recent bumps in household income, low staffing and other factors … (read more)
Education News
Brandon’s Boynton to lead Bristol Elementary
Aaron Boynton will take the reins at BES in July. The Brandon resident currently serves as … (read more)