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
010
:
BUDGETS AND TAXATION
(Cite as: 24 App. V.S.A. ch. 129, § 1006)
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§ 1006. Amount to be raised by taxation
(a) Upon passage of the budget by vote of the Town, the amounts stated therein as the
amounts to be raised by property taxes shall constitute determination of the amount
of the levy for the purpose of the Town in the corresponding tax year and the Selectboard
shall levy such taxes on the grand list furnished by the assessor for the corresponding
tax year.
(b) If the voters do not approve a Town budget by the first day of the next fiscal year,
the tax rate of the previous year will prevail. (Amended 2013, No. M-14 (Adj. Sess.), § 2, eff. May 9, 2014.)