Vermont education tax rate rising, despite less students

Friday, January 31, 2014

Lawmakers are expected to increase the base education tax rate by 7 cents, from 94 cents to $1.01 for every $100 of assessed property value.

That base rate must rise to cover the increased cost of education spending, which is rising because of several factors, Mark Perrault, senior fiscal analyst for the Joint Fiscal Office told the House Education Committee.

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