The legislative body (municipal legislative body/alderboard/city council) establishes and administers the collection of the taxes to the municipal official charged with collecting taxes. 24 V.S.A. § 1521. The collector of taxes prepares and issues the tax bills based on the information available when the tax bills are prepared. In accord with 24 V.S.A. § 1521, 32 V.S.A. § 5402, and 32 V.S.A. § 6066a(f) the tax bills must contain, among other things, the following:
- total assessed value of parcel
- SPAN number
- value of homestead, if applicable
- value of housesite, if applicable
- homestead education tax rate
- nonresidential education tax rate
- municipal tax rate
- local agreement rate (if applicable)
- property tax adjustment credit (if applicable)
- total taxes due (net due if property tax· adjustment credit applies)
- if the property includes a housesite, the amount of state education taxes and municipal taxes on that housesite.
Though not required on a tax bill, it is helpful if the tax bill or other enclosed billing information, reminds taxpayers of the need to retain the tax bill for future reference. Most municipalities and cities are also printing the 3-digit school district code number on the bill.
There is also a tax bill insert giving information on Vermont's income sensitivity and current use programs. The text is provided by the Department. The information may be printed on the back of the tax bill or included as a separate insert.
Detailed information on how the education tax rates were calculated typically appears on the tax bill.
See a sample property tax bill.
Remember that a tax bill containing a property tax adjustment credit (state payment) is not a public document and a copy may only be provided to those parties named in 32 V.S.A. § 3102(k).