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
011
:
INDEBTEDNESS; SINKING FUND; BONDS AND NOTES FOR IMPROVEMENTS
(Cite as: 24 App. V.S.A. ch. 5, § 1112)
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§ 1112. Taxes to meet interest and payments
At the time of voting a general tax levy, the City shall provide annually for the
assessment and collection each year, until such bonds or notes are paid, of a tax
sufficient to pay the interest on such bonds or notes and the part of the principal
as shall become due prior to the time the taxes are due in the next following year. (Amended 2013, No. M-19 (Adj. Sess.), § 2, eff. May 20, 2014.)