Payroll Benefits & Taxes:

For fiscal year 2026, the town of Barnet has budgeted a total of $67,160 for the Payroll Benefits & Taxes fund to cover employee benefits and mandatory payroll taxes. The largest expenses in this fund are $36,909 for Health Insurance and $16,000 for FICA Taxes (Social Security). The remaining budget pays for other benefits and obligations, including $6,055 for Retirement, a $4,000 VT Childcare Contribution, a $3,000 Health Reimbursement Arrangement (HRA) Reserve Fund Appropriation, $696 for Unemployment Compensation, and $500 for Dental Insurance.