Jay Peak loses bid to reduce tax bill by $1 million

A view up the mountain from the Hotel Jay at Jay Peak Resort in June 2019.

The management of Jay Peak ski area won’t be getting the big tax break they were seeking from local officials in the northern Vermont town where the resort is located.

The Jay Board of Civil Authority rejected a bid by Jay Peak leaders to slash the resort’s assessment on the municipality’s grand list from its current value of about $121 million to less than half that — $58.5 million.

Source: https://vtdigger.org/2020/08/26/jay-peak-loses-bid-to-reduce-tax-bill-by-1-million/