Government Information

Tax Rate

Barre Town does not have authorization to levy any tax other than the property tax. An individual owner’s tax bill is calculated by multiplying the tax rate times the property’s assessed value. The Town Assessor determines the assessed value. On the average, for tax purposes, Barre Town properties are assessed at 100% of their fair market value for the 2021-2022 tax year due to the town-wide reappraisal that was just completed.. 

The tax rate is expressed as a dollar figure per $100 of assessed value. For example, homes assessed at $180,000 are common in Barre Town. The current tax bill for such a home would be $3,497.76, ($180,000 ÷ $100 = $1,800. Multiply $1,800 by the FY 2021-2022 tax rate of $1.9432 = $3,497.76). 

The tax year is July 1 – June 30. One tax bill is usually mailed out in mid-August. The annual tax bill is payable in four installments typically due on September 30November 15February 15, and May 15. Penalties, late fees, and interest are charged if a payment is missed. For details, go to the Finance Office's tax page.  
 
The tax rate for the fiscal year 2021-2022 is:

Residential:            $1.9432 per $100 worth of appraisal value.
Non -Residential:    $2.1763 per $100 worth of appraisal value.

Example:  
Property assessed at $100,000 value
Tax calculation: $100,000/100= grand list value of $1,000
Residential: $1,000.00 x 1.9432 tax rate= $1,943.20 tax bill
Non-Residential: $1,000.00 x 2.1763 tax rate = $2,176.30 tax bill

To see the tax rate history from 2004 to the present click here.