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 83.489% (as of January 1, 2020) of their fair market value. 

The tax rate is expressed as a dollar figure per $100 of assessed value. For example, homes assessed at $175,000 are common in Barre Town. The current tax bill for such a home would be $4,587.10, ($175,000 ÷ $100 = $1,750. Multiply $1,750 by the tax rate of $2.6212 = $4,587.10). 

The tax year is July 1 – June 30. One tax bill is mailed out in mid-August. The annual tax bill is payable in four installments due on September 15November 16February 16, and May 17. Penalties, late fees, and interest are charged if a payment is missed. For details, go to the Town Clerk-Treasurer’s tax page.  
 
The tax rate for the fiscal year 2020-2021 is:

Residential:            $2.6212 per $100 worth of appraisal value.
Non -Residential:    $2.933 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 2.6212 tax rate= $2,621.20 tax bill
Non-Residential: $1,000.00 x 2.933 tax rate = $2,933.00 tax bill

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