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Assessor's Office
Common Level of Appraisal (CLA) & Coefficient of Dispersion (COD)
- CLA effective 1/1/24: 77.59%
- COD effective 1/1/24: 18.74%
What are these numbers?
Common Level of Appraisal (CLA) - The common level of appraisal is the total education property value (listed value) divided by the equalized education property value. Vermont law requires property to be assessed at 100% of its fair market value.
Coefficient of Dispersion (COD) - The coefficient of dispersion is a measure of equity. It shows how fairly distributed the property tax is within a town. A high COD (above 20%) means that many taxpayers are paying more than their fair share, and many are paying less than their fair share. If a town’s COD is higher than 20%, a town is required to reappraise. The COD is the average of the absolute deviations of each sales ratio from the median ratio, divided by the median ratio.
Click here for more information about the State of Vermont's annual equalization study.