Valley property owners have received or are receiving their property tax bills as August begins. In Fayston, education tax rates are up and municipal tax rates are down.
In Moretown, education tax rates are up and municipal tax rates are down as well.
Here is how it breaks down.
MORETOWN
Moretown’s municipal tax rate this year is $0.35, down from the 2025 rate of $0.46. Moretown’s residential education tax rate this year is $1.2376, up from last year’s residential education tax rate of $1.1867.
Moretown’s nonresidential education tax rate this year is $1.2329, up from last year’s nonresidential education tax rate of $1.1878.
Those rates mean total tax rates for residential properties of $1.5876, down from last year’s $1.6467. Total tax rates for nonresidential properties this year are $1.5829, down from last year’s $1.6478.
Moretown’s common level of appraisal, according to the state, is 93.72%.
FAYSTON
Fayston’s municipal tax rate this year is $0.4056, down from last year’s $0.4101. Fayston’s residential education tax rate this year is $2.4630, up from last year’s $2.2471.
Fayston’s nonresidential education tax rate this year is $2.4537, up from last year’s $2.2491.
Those rates mean total tax rates for residential properties of $2.8686, up from last year’s $2.6572. Total tax rates for nonresidential properties this year are $2.8593, up from last year’s $2.6592.
Fayston’s common level of appraisal, according to the state, is 66.96%.