School BudgetA tax increase once projected at 17.9 cents has been pared to 5.7 cents without cutting spending. The reason for the initial whopping increase was a projected reduction in the state’s property dollar yield. That amount, set by the legislature, is still not final, but projections now show a much more favorable number. The 5.7-cent increase, from $1.726 in FY21 to $1.783 in FY22, represents a 3.1 percent increase in the education property tax rate (see chart). The total budget request is $25,783,584, a 2.8 percent increase over last year’s amount. According to school officials, 5 cents of the tax rate increase is attributable to Montpelier’s low property value assessment, which is roughly 85 percent of fair market value as calculated by the state.
Municipal BudgetStill facing a loss of revenue because of the COVID-19 pandemic, the city budget proposal would raise the municipal tax rate by a scant 0.7 cents per $100 of assessed property value (see chart).
Uncontested City Races
School Board RacesThree incumbent board members are unopposed in seeking to retain their seats. Amanda Lucia Garces and Mia Moore are running for three-year seats and Emma Bay-Hansen is running to complete the final year of the seat to which she was appointed. Tammy Legacy is running for School District Clerk and Shelley Quinn is seeking to remain as School District Treasurer.
Ballot ItemsThe usual spending requests and a vote on whether the city should allow the sale of recreational marijuana when it becomes legal next year. A positive vote is mandated by the legislature for any town that wishes to allow retail sales.
How to VoteMail-in and early voting is underway. Polls will be open at City Hall as usual from 7 a.m. to 7 p.m. on Tuesday, March 2. Voters who have not received a mail-in ballot should contact the City Clerk’s Office.
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