The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
005
:
STATEWIDE TAX INCREMENT FINANCING
(Cite as: 24 V.S.A. § 1895)
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§ 1895. Original taxable value
(a) Certification. As of the date the district is created, the lister or assessor for the municipality
shall certify the original taxable value and shall certify to the legislative body
in each year thereafter during the life of the district the amount by which the total
valuation as determined in accordance with 32 V.S.A. chapter 129 of all taxable real
property located within the tax increment financing district has increased or decreased
relative to the original taxable value.
(b) Boundary of the district. No adjustments to the physical boundary lines of a district shall be made after the
approval of a tax increment financing district plan. (Added 1985, No. 87; amended 2013, No. 80, § 5; 2013, No. 174 (Adj. Sess.), § 10, eff. June 4, 2014; 2023, No. 72, § 34, eff. June 19, 2023.)