Residents of the town and Village of Essex Juction are preparing for some sticker shock when they get their property tax bills this week.
Officials estimate that town residents will see their taxes go up by an average of $535. Village residents could see their taxes go up an average of $1,040.
Marty Abair of Essex Junction says she’s scared silly to get her tax bill.
Officials say the tax increase is due to a variety of factors, most notably a 30 percent loss in value of the IBM plant that followed the community’s first reappraisal since 1990.
While the value of the IBM plant dropped, residential properties nearly doubled in value.