ARLINGTON — The Select Board has set the 2016 municipal property tax rate, which, when combined with education taxes, will represent a decrease for most residents.
Linda Crosby, the town's treasurer, presented the figures to the board for approval at the July 25 meeting. "We voted the municipal budget at $1,323,181," she said, "There were additional appropriations, I believe one was for the library and the other was for the Community House, that raised the amount by another $1,715. Our cash on hand for Dec. 31, 2015, which you voted to use to offset (the 2017 tax rate) is $204,158."
After subtracted anticipated incomes, she said, the net amount to be raised by taxes equals $870,946. She said that setting the municipal tax rate at 28.05 cents per $100 in appraised property value would raise just over $880,000, and she recommended that the board set the rate there. That rate represents a 3 cent decrease from last year's rate, when it was 31.05 cents, despite the grand list of Arlington decreasing by almost $1,000,000. Crosby said the Valhalla Motel and the Arlington Water Company going off the tax roll made up much of that decrease, along with many other smaller adjustments.
The local agreement tax has remained the same, at 0.45 cents, meaning that the total municipal tax rate will be 28.50 cents. Combined with the homestead education tax rate of $1.4732, which is also down from this year's rate of $1.4957, residents of Arlington will see a net tax rate decrease of about 5.5 cents. On a home valued at $200,000, this would equate to a savings of about $100, leading to an estimated tax bill of $3,516.40. The municipal portion represents about $570 of that figure.
The non-residential education rate will be $1.4343, up from $1.4193 this year, but when combined with the municipal decrease, they will see a slight net decrease as well. "Everybody's happy this year," said Crosby.
Meetings of the Arlington Select Board are recorded by Greater Northshire Access Television, and can be accessed online at the website, gnat-tv.org.
Derek Carson can be reached for comment at 802-447-7567, ext. 122.