The 2011 property tax rates were recently released by town officials in Fayston, Waitsfield, Warren and Moretown.
In Waitsfield, select board members approved a 2011 municipal rate of $0.294 for residents and non-residents; the same as the 2010 rate. The education rate for residents is $1.2684, down from last year’s rate of $1.3138 for a total tax rate of $1.5624. Last year’s total rate for residents was $1.6078. For non-residents, the 2011 education tax rate was set at $1.3390, down from last year’s rate of $1.3987. The total tax rate for non-residents is $1.6330, down from the 2010 rate of $1.6927.
In Moretown, town officials set the municipal tax rate at $0.3843. The total residential rate is $2.3361, up from last year’s $2.1959. The non-residential rate was set at $2.3183, up from last year’s total rate of $2.1887 (the municipal rate was $.31876). For residents, the state set the education tax rate at $1.9518 and $1.934 for non-residents.
The town of Fayston’s 2011 municipal tax rate for residents and non-residents was set at $.1764, down from last year’s rate of $0.185; the education tax rate for residents is $1.3142, down from last year’s $1.357. For non-residents the education tax rate is $1.3555, down from last year’s $1.4543. Fayston’s total tax rate for residents is $1.5465 and $1.6438 for non-residents.
Warren’s municipal rate for 2011 is $0.34, up from last year’s $0.2657. Much of the increase in the municipal rate, according to town officials, is the result of special articles approved by voters on Town Meeting day ($375,000 for the Sugarbush Access Road paving, $7,000 for a capital reserve for the Warren cemetery and $10,000 to the conservation reserve fund).
The state set the education rate for non-residents at $1.3775 and $1.2111 for residents. The non-residential rate is up $0.07 from last year and the residential rate is up $0.06 from last year.