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BoringAccountName78 OP t1_j43skdu wrote

So the property tax dollars in Bellows falls get split between BF and the rest of Rockingham?

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Dawsinian t1_j44xwip wrote

They are separate taxes. Say, for instance, the Town of Rockingham's tax rate is $1.50 and the Village of Bellows Falls' tax rate is $1, then a homeowner in Bellows Falls would pay $1.50 for every $1000 their home is valued at for taxes to the Town of Rockingham, and then an additional $1 for every $1000 their home is valued at to the Village of Bellows Falls. A homeowner in Rockingham but outside of Bellows Falls or Saxton's River only pays the $1.50 per $1000 tax rate.

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BoringAccountName78 OP t1_j457sdu wrote

Oh wow. So if you live in one of the villages, your tax bill would be a higher percentage of your house's worth than if you just lived within the town?

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Rich_Swing_1287 t1_j46nntv wrote

It depends. When I was looking at houses in the Rockingham area, one of the places I looked at outside the village had double the taxes of a similar square footage house within the village. There were probably a number of reasons why, such as more acreage, the view tax, etc.

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Dawsinian t1_j47ag20 wrote

Yes, but those taxes are going towards additional services you wouldn’t get if you lived in rural Rockingham, like a full time police department or a water/sewer department. On the other hand, property values are probably higher outside of the villages because the houses are bigger and have more land.

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BoringAccountName78 OP t1_j49f4fl wrote

Thanks. You've been very helpful.

In Massachusetts, we have "villages" but they're never incorporated so they're always part of the town they're in. That's why I found VT a little confusing.

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