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Middlebury local option tax receipts exceeding expectations

Posted on December 13, 2012 |
By John Flowers



MIDDLEBURY — Middlebury’s 1-percent local option tax on rooms, meals, sales and alcohol continues to deliver more-than-adequate revenues to pay debt service on the Cross Street Bridge, according to the latest figures released by the Vermont Department of Taxes.

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Guest editorial: Let's be fair and set a minimum tax for the rich

Posted on December 13, 2012 |
By Warren Buffett



This week’s writer is Warren Buffett, chairman of the board of Berkshire Hathaway.

Suppose that an investor you admire and trust comes to you with an investment idea. “This is a good one,” he says enthusiastically. “I’m in it, and I think you should be, too.”

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Middlebury, Lodge settle property appraisal dispute

Posted on July 12, 2012 |
By John Flowers



MIDDLBURY — The Middlebury selectboard and the Lodge at Otter Creek have settled a property assessment dispute relating to the retirement community’s land and buildings off Lodge Road.

The selectboard on Tuesday unanimously agreed to accept a settlement offer from the Lodge that its property be assessed by the town at $17 million, according to Middlebury Assistant Town Manager Kathleen Ramsay.

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Local option tax receipts continue to grow

Posted on July 2, 2012 |
By John Flowers



MIDDLEBURY — Middlebury’s local option tax continues to exceed revenue expectations, leaving town officials confident the 1-percent levy on rooms, meals, sales and alcohol will generate more than adequate dollars to pay down the community’s share of the new Cross Street Bridge.

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Two-cent city tax hike first since 2008

Posted on June 28, 2012 |
By Andy Kirkaldy



VERGENNES — Vergennes aldermen on Tuesday approved the first increase in the municipal portion of the city tax rate since 2008, a 2-cent hike that will bring it to about 62.3 cents for the 2012-2013 fiscal year that begins on July 1.

Addison Northwest Supervisory Union officials and City Manager Mel Hawley expect the city’s residential school rate to drop by a little bit less than a penny, meaning the overall residential property rate in Vergennes should rise by a little more than a penny.

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Middlebury's tax rate inches upward

Posted on June 28, 2012 |
By John Flowers



MIDDLEBURY — The Middlebury selectboard on Tuesday voted unanimously to set the fiscal year 2013 municipal tax rate at 86.36 cents per $100 in property value for residential and non-residential taxpayers, an increase of around 2.6 cents compared to the current rate of 83.75 cents.

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Addison taxes seen dropping

Posted on February 9, 2012 |
By Andy Kirkaldy



 

ADDISON — As town budget crafting season has wrapped up, the Addison selectboard has proposed to spend more in the 2012-2013 fiscal year than its members had budgeted in the current fiscal year — but this year the town has managed to save almost $75,000 that the board is planning to use to lower the town’s tax rate next year.

Meanwhile, in Panton, the selectboard’s proposed budget is lower on its face value, but if residents back four proposed capital funds, net spending could rise slightly in the upcoming fiscal year.

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United Way to aid seniors, others with income tax prep

Posted on February 6, 2012 |
By Kyle Finck



MIDDLEBURY — The federal Volunteer Income Tax Assistance program in association with local agencies is extending a lifeline to local citizens in need of help filing their taxes.

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Grievance could influence tax rate in Middlebury

Posted on October 17, 2011 |
By John Flowers



MIDDLEBURY — Addison County Superior Court is being asked to resolve a property assessment grievance filed by the owners of one of the most valuable properties in Middlebury. Town officials said as much as a penny on the local tax rate could be riding on the outcome of the case.

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Middlebury assessment of old courthouse stands for now

Posted on October 17, 2011 |
By John Flowers



While the town might lose some property tax revenue from the Lodge, it will be gaining some from the former Addison County Courthouse at 5 Court Square. That’s because the property will, for the first time ever in its lengthy history, be subject to property taxes this year.

The old brick courthouse was built in 1883 on land originally owned by one of Middlebury’s founders, Gamaliel Painter. The old courthouse became the property of Middlebury College once the structure was replaced by the current Frank Mahady Courthouse, built nearby in 1995 and 1996.

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