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Montgomery Selectboard adopts adjusted FY26 municipal tax rates after PVR valuation update
Summary
The Montgomery Selectboard unanimously approved adjusted FY26 municipal tax rates after the state PVR increased VT Transco LLC's utility valuation by $85,500, raising the town Grand List and producing a total municipal rate of 0.6134.
The Town of Montgomery Selectboard voted unanimously on July 14 to adopt adjusted FY26 municipal tax rates after the Property Valuation and Review (PVR) updated the utility valuation for VT Transco LLC by $85,500.
Officials said the valuation change raised the municipal Grand List from $1,666,990 to $1,667,845 and that amended education rates affected the calculation of the Local Share. The board presented the revised rates as: Municipal 0.6048; Municipal plus the voter-approved Conservation Fund 0.6098; Local Share required 0.0036; and a Total Overall Municipal Tax Rate of 0.6134.
Selectboard member Mark Brouillette moved to adopt the adjusted rates "as presented;" Suzanne Dollois seconded the motion. The board recorded the motion as approved 4-0. The transcript notes no public visitors or public comment on the matter.
The action resolves the town's FY26 rate-setting in response to the PVR adjustment; the board did not identify further follow-up actions or appeals in the meeting record. The special meeting adjourned at 5:13 p.m.
