The states with the highest effective property tax rates were New Jersey (1.79%), Illinois (1.78%), Connecticut (1.57%), Vermont (1.43%) and Nebraska (1.36 %). Rounding out the top 10 were Pennsylvania (1.29%), New Hampshire (1.28%), Ohio (1.27%), New York (1.26%) and Iowa (1.25%).
Before voters on Town Meeting Day say “yes” or “no” to proposed local and education taxes for the coming year, the numbers they see on the agenda go through a labyrinth.
It’s time to read your town warning for this year’s annual meetings. As you do so, please consider what is certain to be the most expensive article you will be asked to approve: your school district budget.
An increase in Vermont’s tax rate is on the horizon for the state’s upcoming fiscal year. The question early in this legislative session is by how much.
Permanent Maine residents 65 or older who have owned a home for at least 10 years may apply through their towns to have their property taxes frozen at their current level. One wonders what the fiscal impact to Vermonters of such a policy would be.
New Hampshire is known as the “Live Free or Die” state that prides itself on a low financial burden for residents with no personal income or sales taxes. But when it comes to local property – or real estate – taxes, not so much.
Cities and towns could cap school spending to prevent local property tax hikes under a proposal being advanced by New Hampshire lawmakers.
Vermont has the 4th highest property tax rate in the country, at 1.76%, according to research from the Tax Foundation. We are second only to New Hampshire among the New England states, which has a property tax rate of 1.89%.
Property tax revenues collected per capita in New Hampshire amounted to $3,362 in fiscal year 2018, the second highest level among the 50 states, according to a new Tax Foundation analysis. Vermont property taxes amounted to $2,738.
My point is that the city of Burlington’s appraisal process is “systematically” flawed and it can’t be solved by placating a few vocal and loud protestors, such as me.
A new study shows New Hampshire ranks third highest in the country for high property taxes. According to findings released by financial website WalletHub, the state has a 2.18% tax rate with consumers paying $5,701 in real estate taxes on a home with a $261,700 median value.
Shelburne residents will vote on March 2 whether to approve a $1.12 million bond to purchase land for a new Health Living store and rights to build a fire and rescue station in the future.