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 AND TAXATION
(Cite as: 24 App. V.S.A. ch. 127, § 1305)
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§ 1305. Amount to be raised by taxation
(a) Upon passage of the budget by the annual Town meeting, the amounts stated therein
as the amount to be raised by property taxes shall constitute a determination of the
amount of the levy for the purposes of the Town in the corresponding tax year, and
the Selectboard shall levy such taxes on the grand list furnished by the listers for
the corresponding tax year.
(b) The Selectboard shall likewise levy such taxes for the purposes of meeting the budget
of the Middlebury Incorporated School District No. 4 and paying the amount that the
Union School District No. 3 assesses the Town. In the event the Union School District
No. 3 has not passed a budget at the time the Selectboard levy such taxes, the Selectboard
may, in their sole discretion, base such levy on the prior tax year assessment to
the Town by the Union School District No. 3. In such case, after the passage of the
Union School District No. 3 budget and assessment to the Town, the Selectboard may
adjust the levy of such taxes and the Town shall credit the taxpayers for payment
of property taxes for the year accordingly.