Utility Valuation Transition Aid

Utility Valuation Transition Aid (UVTA) helps compensate cities and towns that had reductions in their tax base of 4 percent or more due to a 2007 rule change in how utility property is assessed. This aid will continue for each qualifying municipality until the valuation of public utility property exceeds its assessment year 2007 valuation under the “old” utility assessment rules.

The factors used in determining Utility Valuation Transition Aid are included in each certification below. UVTA is paid in two equal installments on July 20 and December 26 each year.