Blog :: 05-2011

Stay up to date on Killington real estate activity with regular updates and information on sales activity

Killington tax assessments announced

The town of Killington, VT just completed a reassessment of all property values.  The new tax assessments have been posted on the Killington town website and can be viewed immediately.  In addition, notices were mailed on May 13, 2011 to all property owners to advise them of the new assessments.  If you disagree with your new assessment, you may grieve and/or appeal the new valuation.  You must follow the prescribed process in the prescribed timeframes.   The first step to the grievance process must be completed by May 27, 2011. 

I strongly advise all Killington property owners to check their new tax assessment as soon as possible.  If you have questions about the process used to determine the value, you want more details about your assessment, or you want to grieve or appeal your valuation, call the Killington town listers at 802-422-2248.

Killington voters say "no" to 5-person Select Board

A Special Town Meeting was held in Killington, VT on Monday evening, May 9, 2011.  Close to 300 voters attended.  The original purpose of the Special Town Meeting was to review and vote on a revised 2011 budget.  The original budget had been voted down at the annual town meeting held in March.  The new budget, which is approximately $250,000 lower than the original, passed unaninously.  As it turns out, that was the least contentious Article on the agenda.

Two other significant town issues were petitioned to be "warned", discussed, and voted at the Special meeting.  The first Articles that stimulated some "heated debate" concerned the use of Australian ballots for voting on the town budget, public questions, and electing town officials.  Australian ballots would allow for voters to vote during designated hours (a minimum of 10am to 7pm) on Town Meeting Day as well as up to two weeks in advance and/or use absentee ballots.  The Town Meeting would be an informational meeting only and could be held up to three days in advance of the official Town meeting voting day which is the first Tuesday in March. 

Those in favor of maintaing the current process of presenting, discussing, and voting during the annual town meeting based their feelings on the importance of voters being well informed of all arguments prior to making their decision.  They felt that voters were less likely to attend an "informational" town meeting if they could vote without attending and they would be less "informed" when casting their vote.  Those in favor of using the Australian Ballot system cited work schedules and other commitments that precluded people from being able to attend the Town meeting and hence prevented them from voting.  Their argument was that fewer voters' preferences were able to be represented.  A paper ballot was called and the Australian ballot was approved by a vote of approximately 55%.

The second major issue discussed and voted concerned whether or not to increase the size of the Select Board from three members to five members.  The primary arguments of those in favor of the increase were that: the workload responsibility was too heavy for a three person board and; a five-person board would represent a broader base of voters.  The arguments to maintain the three-person board were that the Select Board had been able to accomplish what was necessary in a short period of time and that the Board that was elected in March should be given an opportunity to do what the voters elected them to do.  In my mind, there was a strong undercurrent in the room feeling that the reason to increase the size of the board at this time was to attempt to overturn the direction the voters had decided in March.  The Article to increase the size of the board was defeated by a vote of 150 to 133.

The Special Town meeting was adjourned after that vote.  For a full account of the Special Town Meeting results visit the Town of Killington website.

Killington VT Real Estate Activity For April

Nine properties sold in Killington during the month of April.  Two homes sold, a bank foreclosure on Wobbly Lane for $210,900 and a three bedroom/two bath home on Alpine Drive for $225,000.  Six condominiums sold: a one bedroom Mountain Green for $73,000; a one bedroom Fall Line for $115,000; a two bedroom and three bedroom/loft Pico condominiums for $150,000 and $211,000; a two bedroom Glazebrook for $163,000 and a three bed room town home at the Heights sold for $360,000.  One parcel of land sold, a commercial lot on River Road for $199,000.  To view all of the Killington properties listed for sale visit Prestige Real Estate of Killington.