The 2001-2002 residential property tax rate for every $100 of assessed
value was $0.59 for municipal services and $2.00 for
schools
ACT 60
In
1997, the Vermont Legislature passed Act 60, a property tax reform
bill designed to equalize educational opportunity among towns. Tax
rates for all towns are $1.10 as of July 1, 1999. Each town's tax
rates can increase above $1.10 based on school spending decisions
made by voters on the local level. Property tax payment might be less
for those with household incomes of less than $88,000.
Home costs and Act 60 source: Vermont Department of Taxes
