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 $4,052.30, ($175,000 ÷ $100 = $1,750 x $2.3156 x rate = $4,052.30)
The tax year is July 1 – June 30. One tax bill is mailed out in mid-July. The annual tax bill is payable in four installments due on August 15, November 15, February 15, and May 15. 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 2017-2018 is:
Residential: $2.3156 per $100 worth of appraisal value.
Non -Residential: $2.6636 per $100 worth of appraisal value.
Example: Property assessed @ 100,000 value
Tax calculation: 100,000/100=grand list value of 1,000
Residential: 1,000.00 x 2.3156 tax rate= $2,315.60 tax bill
Non-Residential: 1,000.00 x 2.6636 tax rate = $2,663.60 tax bill
To see the total tax rate from 2004 to the present click here.