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Legislative Review: Yield Bill is good news for taxpayers

February 4, 2021

There is a small bill making its way through the Legislature this week that brings good financial news for all Vermonters. Called the Yield Bill, it sets a number that will be used to calculate statewide education property tax rates, and that number is far better than legislators, economists and school officials had imagined when the pandemic began or even a couple of months ago. The result will be education property tax rates that should ultimately be lower than predicted, even as recently as mid-January w … (read more)

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