Vermont Governor Phil Scott proposed a plan to reduce property tax increase from 13.8% to 4-6% using $47M from reserves and surplus revenues, facing criticism from top Democrats.
Vermont Governor Phil Scott proposed a new plan to reduce the projected 13.8% statewide property tax increase to 4-6%, including using $47M from the Education Stabilization Fund reserves and surplus revenues. However, top Democrats criticized the plan as fiscally irresponsible and questioned its measures. Lawmakers must address the issue before the veto session.
June 13, 2024
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