Most SVSU districts see tax rates holding steady, despite statewide fears

This article by Derek Carson originally appeared Jan. 19 in the Bennington Banner.

BENNINGTON — With the last of the Southwest Vermont Supervisory Union’s budgets being finalized this week, tax rate increases are projected in most of the districts to be well below the 8-to-10 cent increases that were expected statewide.

The Mount Anthony Union School District budget was unanimously approved by the MAU board on Thursday night, after it was unanimously recommended by the board’s Finance Committee. The MAU district budget affects tax rates in each of the SVSU’s five elementary school districts. The elementary rate and MAU rate are blended to form the final rate that goes out to homeowners. Fiscal year 2019 starts July 1.

“We’re showing an overall reduction of almost 3.6 percent (in the budget),” said SVSU Finance Officer Renee Gordon, addressing the MAU board. “This is due in large part to one-time savings that we’re seeing with the change in our health insurance plans, so this isn’t something we’ll actually see sustained from year to year.” There were no staffing changes in the budget besides Southwest Vermont Career Development Center custodial staff being added to the MAU budget, but the center is reimbursing them for that expense.

Read full article at the Bennington Banner.

(Fair use with written permission from the New England Newspapers Inc.)

Image courtesy of Southwest Vermont Supervisory Union