Vergennes council sets new budget, sees 2.2-cent tax hike

Vergennes council sets new budget, sees 2.2-cent tax hike

VERGENNES — After some last-minute financial maneuvering at its Tuesday night meeting, the Vergennes City Council adopted a Fiscal Year 2026 general fund budget of $3,336,868, about a 1% increase, and set the new municipal tax rate at 64.42 cents. City officials estimate that rate is the equivalent of a tax rate increase of about 2.2 cents, although the previous rate was $1.07. Why? Vergennes earlier this year completed a citywide reappraisal of…