John Quinney, Publisher and President
In January, I took on the task of addressing what I thought was a simple question: “What will we pay in property taxes this year?”
Then, as now, the short answer is: “We don’t know.”
However, the longer answer is that, if the selectboard’s revised budget is approved by the voters on May 2, the average increase in our fiscal year 2024 property taxes will be 6 percent. The key word in that sentence is “average.” Some of us will see larger increases in our property taxes; some will see smaller changes.
I’ve summarized the situation in this chart. Here are the key points:
Image by Peggy und Marco Lachmann-Anke from Pixabay
Many thanks to the several town and Champlain Valley School District employees who helped me better understand how our property taxes are calculated.
(John Quinney is publisher of The Charlotte News and president of the board of directors. The opinions expressed here are his own and not necessarily those of the board or the paper.)