Ferrisburgh Property Tax Rate Information

How Your Ferrisburgh Property Tax Rate Is Determined

Property tax rates are not set all at once. They are calculated through a series of steps involving the Town, the State of Vermont, and the completed Grand List. Here's a typical annual timeline:

Time of YearWhat Happens
January–MarchTown voters approve the municipal budget at Annual Town Meeting. School district budgets are also approved by voters.
SpringThe Listers finalize the Grand List, reflecting the assessed value of all taxable property in Ferrisburgh. Property owners have the opportunity to grieve their assessments if they disagree with the value.
June–JulyThe Grand List is finalized after any grievances and appeals. The State of Vermont finalizes education tax rates for municipalities.
JulyThe Selectboard sets the municipal tax rate by dividing the amount to be raised through property taxes by the Town's final Grand List.
JulyThe Town combines the municipal tax rate with the State education tax rate to establish the combined property tax rate for resident and nonresident properties.
Late July–AugustProperty tax bills are prepared and mailed to property owners.
September–November (per Town schedule)Property taxes are due. Payments are collected and distributed to fund municipal services and education.
Throughout the YearThe Town monitors revenues and expenditures while planning for the next budget cycle.

Understanding Your Tax Rate

Your property tax bill is determined by three factors:

  • Your property's assessed value

  • The municipal tax rate (set by the Selectboard)

  • The education tax rate (calculated by the State of Vermont)

The formula is simple:

Assessed Value × Combined Tax Rate = Property Tax Bill

Important: A lower tax rate does not always result in a lower tax bill. If property values increase because of a town-wide reappraisal, the assessed value may offset a lower tax rate.

This timeline gives residents a general overview of the annual property tax process. Specific dates may vary slightly each year based on the completion of the Grand List, state tax rate calculations, and the Selectboard's tax-setting schedule.

Tax Rate Information

The education tax rate is set annually by the State of Vermont.
For more information, visit:
https://tax.vermont.gov/ed-rates

Tax Rate History 2020 - 2026


20 - 21

21 - 22

22 - 23

23 - 24

24 - 25

25 - 26

Residential School Rate

1.7597    

1.7047    

1.5963    

1.7742    

2.0793    

2.0139    

Municipal Rate

0.3228

0.3305

0.3452

0.3584

0.3794

0.4149

Residential Tax Rate

2.0825

2.0352

1.9415

2.1326

2.4587

2.4288








Non-Residential School Rate

1.6165

1.6412

1.5377

1.6014

1.9160

1.9702

Municipal Rate

0.3228

0.3305

0.3452

0.3584

0.3794

0.4149

Non- Residential Tax Rate

1.9393

1.9717

1.8829

1.9598

2.2954

2.3851

 
Delinquent Tax Collector

Tom Steadman
📞 802-382-7720
📧 Thomas.Steadman@FerrisburghVT.org