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.
(Cite as: 24 V.S.A. § 5703)
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§ 5703. Limitations; taxes; indebtedness; eminent domain
Notwithstanding any grant of authority in this chapter to the contrary:
(1) A district shall not accept funds generated by the taxing or assessment power of any
municipality in which it is located.
(2) A district shall not have the power to levy, assess, apportion, or collect any tax
upon property within the district, nor upon any of its underlying municipalities,
without specific authorization of the General Assembly.
(3) All obligations of the district, including financing leases, shall be secured by and
payable only out of the assets of or revenues or monies in the district, including
revenue generated by an enterprise owned or operated by the district.
(4) A district shall not have powers of eminent domain. (Added 2017, No. 69, § B.1, eff. June 28, 2017.)