Town manager outlines Local Option Tax changes; board discusses charter examples
Town Manager Scott Murphy briefed the Selectboard on proposed legislative changes to the Local Option Tax (LOT) and noted Burlington and Rutland obtained extra LOT funds through municipal charters approved by the state legislature.
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During the May 19 meeting, Town Manager Scott Murphy briefed the Selectboard on proposed legislative changes to the Local Option Tax (LOT) program and how municipal charters can alter the distribution or scope of LOT funds. Murphy specifically cited Burlington and Rutland as examples that have obtained additional LOT-related revenue through charters approved by the Vermont Legislature.
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