MONTPELIER, Vt. (AP) -- Vermont lawmakers are set to debate sharp increase in the statewide school property tax rates.
Wednesday's debate concerns a 5-cent increase in the statewide residential property tax rate, to 94 cents per $100 of a home's value.
The non-residential rate on second homes and commercial properties would go from $1.38 to $1.44 per $100 of the property's value.
Legislative fiscal analysts say more big jumps are expected next year.
Lawmakers blame a combination of rising costs, declining student enrollments and declining property values as contributing to the increases.