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.