Town & City Forms and Reports

Reporting Property Tax Rates to the Vermont Department of Taxes

Towns and cities are required to report the property tax rates and the amount of taxes levied annually by August 15 or as soon as tax rates have been set.

You can do so by completing Form 427 with the use of New England Municipal Resource Center (NEMRC) Software. Instructions for completing this form can be found on the NEMRC website.

There are a handful of towns that have more than four Additional Municipal Tax districts. These select towns can continue to use the outdated manual Form 427-2015, Report of Municipal Tax Rate until the NEMRC software has been updated.  If manual Form 427 is used, you will be required to provide a copy of a sample tax bill and a copy of the NEMRC tax book summary.

It is important that all property taxes levied by villages and special tax districts be reported. These amounts are used in the determination of payments in lieu of taxes (PILOT) and hold harmless payments. Property tax rebates also include these rates. See 32 V.S.A. § 3461 for more information about the requirement of village clerks to report to town clerks.

Due Date

August 15 (or as soon as tax rates have been set)

Submission

Submit the Form 427 using NEMRC software using the online NEMRC transmission system.

You can also send the completed form and required documentation by mail to:

Vermont Department of Taxes
Property Valuation and Review
133 State Street
Montpelier, VT 05620

Button: MunicipalOff Tools

Button: Municipal Off Forms

Contact Us

Commissioner Kaj Samsom
133 State Street | Montpelier, VT 05633
(802) 828-2505

Taxpayer Assistance Window
Office Hours: 7:45 a.m. - 4:30 p.m. Monday - Friday

 Call us      Email us      Find us