Gov. Phil Scott said Thursday that he is disappointed with Democrats for giving up on two compromise budget deals proposed last week. But allowing the budget to become law without his signature avoids a government shutdown, he said.
“I felt this debate could go as far as it could responsibly go. Leaving me with no choice to let it become law without my signature,” Scott said. “As I’ve said, however, I will continue to address these tax rates and others in the future especially as our economy and surplus continue to grow.”
Scott’s plan would have held the state’s property tax rates at last year’s level. The budget that will take effect July 1 raises non-residential property tax rate by 4.5 percent. The increase applies to commercial and industrial property and second homes.