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Members of the Montpelier Roxbury Public Schools board gathered last week to figure out how to handle the latest twist in the most challenging budget...
MONTPELIER — The board responsible for running the Montpelier Roxbury Public School District didn’t break a sweat identifying $735,000 in adjustments to a budget they haven’t seen.
“It absolutely has been challenging,” said Jill Remick, director of the Property Valuation and Review Division of the Vermont Department of Taxes.
With two-thirds of Vermont towns requiring property value reappraisals, the House Ways and Means Committee is considering a moratorium on them and transitioning to a state-run reappraisal system. “This was not on my agenda coming into the session as,...
As drafted, the proposed system could transfer responsibility for updating property values — the basis for property taxes — from municipalities to the state and require reappraisals on a regular schedule. It would also impose a moratorium on the reappraisals that would otherwise be ordered in two-thirds of Vermont towns this year.