Bennington, Vt., Looking For Sales Tax Approval - FOX44 - Burlington / Plattsburgh News, Weather & Sports

Bennington, Vt., Looking For Sales Tax Approval

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BENNINGTON, Vt. -

Town officials in Bennington, Vt., are supporting a measure that would allow the town to raise about $1 million annually through a local 1 percent sales tax.
 
Legislation to allow the tax has been introduced in the state Senate.
 
Town Manager Stuart Hurd tells the Bennington Banner (http://bit.ly/VtxIPa) the town could benefit from the sales tax, which is currently limited to a small portion of municipalities.  
 
He said the additional revenue could help reduce the local property tax burden and help complete additional infrastructure work.
 
Hurd said $136 million was collected by the state in sales tax in Bennington alone. A 1 percent local option sales tax would generate an additional $1.36 million in revenue, of which $952,000 would go to the town.

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