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How are the school rates set? Vermont

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  • How are the school rates set? Vermont

    For tax year 2005 (FY06), the base education tax rate for homestead property is $1.02. It is adjusted by the district spending adjustment, and by the school districtís common level of appraisal (CLA).

    For tax year 2005 (FY06), the base tax rate for nonresidential property is $1.51. It is adjusted by the school districtís common level of appraisal. The district spending adjustment does not affect the nonresidential rate.
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