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 30, November 15, February 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.
Residential: $1.9432 per $100 worth of appraisal value.
Non -Residential: $2.1763 per $100 worth of appraisal value.
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.