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Projected Tax Impacts

The Barre Unified Union School District Board has finalized its proposed school budget which will be voted on in June.  The proposed budget is $49,947,503, a 2.9% increase from last year's general fund.

For those who like the details:

  • Education Spending (a key number in determining tax rates) is up 1.7%.
  • Equalized pupils are decreasing by 5.2 pupils.
  • Education Spending per Equalized Pupil is up 1.95%.
  • The resulting projected equalized tax rate (using the latest figures the legislature is working with) in Barre City is $1.41, a 0% change from last year.  Due to reappraisal, Barre Town is down by 29 cents or $1.34.

Bottom Line:  For those who pay their education taxes based on the value of their property, here are the projected homestead tax rates after the CLA adjustment is applied: 

  • Barre City: $1.41, no change from last year.
  • Barre Town: $1.34, a decrease of 29 cents from last year.

For those who pay based on income, the rate is projected to increase from 2.42% to 2.46% of household income.

Barre's homestead tax rates are lower than average as compared to other Vermont towns. 

Making Sense of VT Education Funding