Defined in Vermont statutes 32 V.S.A. section 6061. For FY 98, the Tax Department had information on the property taxes paid by homesteads for all homeowners who filled in the appropriate boxes on their income tax return. This data was linked to the AGI of the filer and, if the household applied for the rebate program, the household income. The Joint Fiscal Office analysis of the relationship between household income and school taxes in FY 98 is used in this report. In FY 00, we used the actual household income figures as reported by those who filed for income sensitivity.
Data used within each year are consistent.
There are some differences between FY 98 and FY 00. Some household incomes were estimated in FY 98. The principal investigator of this study is Lorna Jimerson, Ed. D. Lorna is a staff member of the policy program of the Rural School and Community Trust. The author would like to thank many individuals that offered their expertise and time to guide these analyses.