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Rutland select board approves lower proposed tax rates; votes 3-0
Summary
At a July 23 special meeting, the Rutland Town Select Board approved proposed tax rates — homestead 1.6501 and nonresidential 1.9638 — after the town clerk presented worksheets showing how the townwould meet budgeted appropriations, bond payments and veteran exemptions.
RUTLAND, Vt. — The Rutland Town Select Board voted 3-0 Wednesday to approve tax rates proposed by the town clerk for the coming fiscal year, setting a homestead total tax rate of 1.6501 and a nonresidential rate of 1.9638.
Town Clerk Carrie Clark walked the board through the worksheet she prepared to "back into" the tax rate by matching voted appropriations and departmental budgets to the towngrand list and anticipated revenues. Clark said the worksheet reflects: voter-approved appropriations from the March ballot; department budgets less anticipated departmental income where applicable; contributions for depreciation as increased on the ballot; existing bond schedules; and the effect…
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