Castleton taxes go upJuly 29,2013By Lucia Suarez
CASTLETON — A slight increase in the municipal tax rate and a 7.8 percent increase in the state education tax rate means residents will pay nearly $117 more in taxes for the fiscal year that started July 1.
Town officials recently approved a residential tax rate of $1.97, which translates to a tax bill of $1,969.80 per $100,000 of assessed property.
This tax rate is an increase from $1.85 in fiscal year 2012.
The new non-residential tax rate is $2.02, which translates to a tax bill of $2,019.5 per $100,000 of assessed property value. This rate is an increase from $1.98 in fiscal year 2012.
The municipal tax rate — which includes amount to be raised by taxes in the budget and the local tax agreements — is $0.384, an increase from $0.382 in fiscal year 2012. This is a less than $2 increase to the tax bill.
The state education tax rate for residents is $1.59, an increase from $1.47 in fiscal year 2012. The non-residential tax rate is $1.64, an increase from $1.6 in fiscal year 2012.
These tax rates do not include the $750,000 bond approved for the renovation of the town hall nor the $1.5 million bond approved for the construction of a new fire station.
Tax payments are due Aug. 31, Nov. 30, Feb. 28 and May 31.
- Most Popular
- Most Emailed
- RICHARD'S POOR ALMANACK: On this day in 1720, 'Calico Jack' Rackham, Caribbean pirate and early feminist, known for recruiting women to his crew and for fabric decorating skills after creating 'Jolly Roger' flag, is captured by the British Royal Navy.
- RICHARD'S POOR ALMANACK: On this day in 1307, King Phillip the Fair of France orders hundreds of Knights Templar rounded up and arrested, charged with heresy, tortured until they confess; on this day in 1917, thousands see miracle of Our Lady of Fatima.
- TOMORROW'S HEADLINES TODAY: Vermont has a new state Supreme Court Justice; city hospital says it can save plenty by upgrading its lights and trucking in natural gas; Springfield has a new town manager, former West Rutland guy, Tom Yennerall.
- TOMORROW'S HEADLINES TODAY: Solarfest likely to be on hold until at least 2016, Great Dane involved in theft of an $89,000 shotgun leads police to the thieves, PSB will not reopen VGS pipeline case, prosecutors want evidence in body-packing drug case.
- RICHARD'S POOR ALMANACK: On this day in 1871, After long summer drought comes simultaneous devastating upper Midwest wildfires; Chicago city center in ruins; in 1967, after brief firefight, Ernesto 'Che' Guevara captured alive in Bolivian jungle camp.
- TOMORROW'S HEADLINES TODAY: City aldermen discuss future of recreation department facilities, three bears killed in interstate crash, town school principal rewards students' good reading habits, fight at city jail sends a man to hospital.