How Do I Calculate the CPA Surcharge For My Property?

CPA Surcharge Calculation:

1. Write down the Town-assessed value of your property.

2. Subtract $100,000 from your assesed value.

3. Multiply this reduced valuation times the Shelburne Municipal Tax Rate (currently $14.49 per $1,000 in value).

4. Multiply this amount times .03

5. The result of this last calculation is your annual CPA contribution.

AN EXAMPLE

1. Town-assessed value = $313,168

2. Subtract $100,00 = $213,168

3. $213,168 X $14.49 = $3,089

4. $3,089 X .03 = $93

5. $93 is the annual CPA contribution.