Email Blast Sent to Supporters on December 28, 2017. Subscribe!
How much more will it cost you to live in our great state next year? Let’s take a look at what happened in 2017.
August: Vermonters receive news that Blue Cross and Blue Shield of Vermont (BCBS-VT) insurance premiums will rise 9.2%, the largest increase ever. For a standard family silver level plan, this means an increase of nearly $113 per month, or $1,352 per year.
November: The administration announces that homeowners can expect a 9.4 cent increase in their property taxes next year. On a $200,000 house, this would mean an increase of $188 on a family’s property tax bill.
December: Green Mountain Power announces they have reached an agreement with the Public Service Board for a 5% rate increase. This constitutes another $80 million out of Vermonters pockets.
All told, Vermont families can expect to spend $2,052 more out of pocket in 2018, just on property taxes, health insurance, and electricity.
I don’t have another two grand lying around in my family budget. Do you?
Campaign for Vermont has been a consistent voice for transparency and accountability in state government, sustainable budgeting, and economic prosperity for all Vermonters. We have a long history of proposing innovative solutions to address rising costs like property taxes and utility rates. But we are a nonprofit organization, our work is funded by our supporters. Make a contribution today to help give us the ammunition to fight rising costs like health care and property taxes and position Vermont for a 21st century economy.
We hope you have a great new-year celebration enjoyed with family and friends.
Executive Director, Campaign for Vermont Prosperity
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