Unpaid taxes are stressing local budgets in pockets of Vermont.
Over recent years, the increase in property taxes throughout Vermont has outpaced the growth in many residents’ salaries. This situation has particularly impacted homeowners in lower and middle-income brackets, making it increasingly difficult for them to stay current with their tax obligations. Reports from tax authorities across various localities indicate that there is a noticeable rise in the number of delinquent tax accounts.
These unpaid taxes have significant repercussions, particularly in smaller towns, where a few outstanding bills can lead to severe disruptions in municipal financial planning.
The challenges affecting the local budgets due to these financial strains were highlighted by Hannah Bassett in a recent piece for Seven Days.
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