I’d like to try to explain School Taxes usually referred to as Education Property Taxes. It’s not well understood that most Vermont residents can pay school taxes on their homesite (home and two acres) by virtue of their income, NOT the property value of their home. A household with income up to $138,500 can have their property taxes reduced by virtue of their income. This reduction shows up as a credit on the property tax bills sent by your town. This way of calculating school taxes covers nearly 70% of al … (read more)
MONTPELIER — The Vermont Department of Taxes has created an education property tax estimator tool for the 2021-2022 property tax year (FY22). The tool was created to help taxpayers understand the impact of their budget vote on Town Meeting Day and to help … (read more)
BRISTOL — After figuring in new data from the state, it looks like the proposed 2021-22 spending plan for the Mount Abraham Unified School District — if approved by 5-Town voters on Tuesday — will result in a lower tax burden for district property owners … (read more)
MIDDLEBURY — While Gov. Scott was en route from the Independent’s offices to the Addison County Solid Waste District Transfer Station as part of the “Capital for a Day” tour last Monday, Doug Farnham, Economist and Director of Policy, Outreach and Legisla … (read more)
