December 1, 2011
MONTPELIER, Vt. (AP) - Vermont Gov. Peter Shumlin says Vermont's statewide school property tax rates should remain at 87 cents per $100 of value for primary homes and $1.37 per $100 for commercial and other non-homestead properties.
Dec. 1 is the day when state law requires the administration to issue its recommendations for the tax rates for the coming year. Shumlin says Vermont's declining school enrollment numbers mean the tax rates can remain flat, even if per pupil costs rise slightly.
In many communities, homeowners pay taxes at considerably higher than 87 cents per $100 of value, but that's based on local spending decisions - when voters agree to spend more than what the state considers a basic per-pupil cost of a little more than $8,700 per pupil.
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