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 15, November 16, February 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.
Residential: $2.6212 per $100 worth of appraisal value.
Non -Residential: $2.933 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 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.