City of Burlington, Vermont City of Burlington, Vermont

City Hall, 149 Church Street, Burlington, VT 05401
Call Us 802-865-7000 M-F 8-4:30pm   Email Us

 

Tax Rate and Calculations

 
July 1, 2017 - June 30, 2018

The appraised values are the basis for the distribution of the City's annual property tax levy. The Grand List Book is an inventory of approximately 10,790 taxable real estate parcels and 750 business personal property accounts. Property appraised values are based on an estimation of fair market value. The Assessor's Department has guidelines for insuring fair tax assessments for all property owners throughout the City.

Click here for the Property Tax Calculator →

FY 2018 Tax Rates:

Education
   Homestead: 1.7903
   Non-Homestead: 1.8624
 

Municipal
   Tax Rate: 0.7971

Local Agreement
   Tax Rate: 0.0040

For information about HS-122 and the Vermont Homestead, click here.  
​For instructions on calculating properties with partial Business and/or Rental use, please contact the Assessor's Department

Formula for Calculating Taxes for a Residential Property with no Business or Rental Use

[Appraised Value] ÷ 100 = [Grand List Value]

[Grand List Value] x [Education Rate] = [Education Tax]

Total Property Tax = [Municipal Tax] + [Education Tax]

Formula for Calculating Taxes for a Commercial Property

([Appraised Value] x 1.2) ÷ 100 = [Assessed Value]

[Assessed Value] x [Municipal Tax Rate] = [Municipal Tax]

[Appraised Value] x [Non-Homestead Education Rate] = [Education Tax]

Total Property Tax = [Municipal Tax] + [Education Tax]

Property taxes are divided into quarterly payments. Payments are due on the 12th of August, November, March, and June each year. In the event that the 12th falls on a weekend, payments are due the next business day.