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
013
:
BUDGET
(Cite as: 24 App. V.S.A. ch. 13, § 1304)
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§ 1304. Amount to be raised by taxation
(a) Budgets for the City and the South Burlington School District shall be adopted when
approved by the voters. Upon adoption of the budgets for the City and the South Burlington
School District, the amounts stated therein as the amount of the budget for the City
to be raised by property taxes shall constitute a determination of the amount of the
levy for the purposes of the City in the corresponding tax year, and the Council shall
levy such taxes on the grand list furnished by the Assessor for the corresponding
tax year. The amounts stated therein as the amount of the budget for the South Burlington
School District shall be used to determine the education property tax rates in accordance
with 32 V.S.A. § 5402.
(b) If the budget of the City or School District is not approved by the voters at the
annual meeting, the City Council or School Board may submit the budget, with or without
change, to the voters at a special meeting that shall be held within 30 days of the
annual meeting. This special meeting shall be warned in the same manner as that for
the annual meeting with the exception that the warning for this meeting shall be filed
with the City Clerk and posted not fewer than 15 days before the meeting.
(c) If the budget for the City or School District is not approved by the voters at the
special meeting provided for in subsection (b) of this section, the City Council or
School Board shall diligently pursue voter approval of its budget. Pending voter approval
of a City or School District budget, the City and School District shall be authorized
to borrow funds and make expenditures that do not exceed the amount of the budget
approved by the voters for the preceding year. (Amended 2007, No. M-14, § 6, eff. Nov. 11, 2007; 2007, No. M-16 (Adj. Sess.), § 2, eff. Feb. 1, 2008; 2011, No. M-9 (Adj. Sess.), § 2, eff. Jan. 30, 2012.)