And that's after we use a 37 million dollar education system fund surplus to buy rates. Then in total, this would be a quarter billion dollar tax increase on Vermonters. For a family with a $250,000 home, their bill could go up by $650 a year. And with a $400,000 home, you could pay an additional thousand dollars. Before you brush this off because of income sensitivity, remember, the vast majority will still see an increase. (28:01–28:09)
CLAIM
Asserts that property tax bills could increase by $650 annually for a $250,000 home.
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