This is the time of year Vermont cities and towns set the municipal tax rates and start sending out property tax bills. Vermont property taxes pay for public education as well as municipal infrastructure and government services. As such, municipal tax rates vary widely based upon the level of service provided by cities and towns.
In 1997 Act 60 passed into law, creating a statewide property tax to fund education. In 2003 Act 68 created two distinct property tax rates for residential, or homestead, and non-residential properties. The non-residential property tax is not affected by local school spending.
Below are some of the municipal property tax rates published in recent select board meeting minutes. Note that some rates are reported as total property tax rates, while others only list the municipal portion, leaving out the school tax rates.