Financial

V.S.A. tit. 24 Appendix, ch. 225, subch. 9

in effect

24 App. V.S.A. ch. 225, § 91 Fiscal year

91. Fiscal year The fiscal year shall begin the first day of January and end the last day of December unless another date is fixed by the voters at any annual Village meeting. Added 1999, No. M-11 (Adj. Sess.), § 2, eff. May 9, 2000.

24 App. V.S.A. ch. 225, § 92 Appropriations

92. Appropriations (a) All amounts specified in the budget and approved by the voters at the annual Village meeting are appropriated for the purpose specified. The trustees may transfer appropriated amounts between general classifications and expenditures. All unexpended and unencumbered appropriations, except appropriations for capital expenditures, shall lapse at the close of the fiscal year. (b) The majority of the trustees shall sign the orders at each regularly scheduled meeting. However, the Board may adopt to use the provisions of 24 V.S.A. § 1623 in lieu of this provision. Added 1999, No. M-11 (Adj. Sess.), § 2, eff. May 9, 2000.

24 App. V.S.A. ch. 225, § 93 Taxes

93. Taxes (a) All real and personal property taxes shall be paid to the Village Treasurer in full or in not more than four equal installments as set forth by specific article in the Village warning. (b) The tax rate shall be annually set by the trustees as soon as practicable after final adoption of the Village budget and filing by the listers of the grand list for the Village. In setting the rate, the Board shall consider only that amount that is necessary to offset the difference between revenues and expenses, including any surplus carried over from the previous year. (c) Taxes shall become delinquent on the first business day following the due date of the final installment. The Treasurer, within 10 days, shall turn all unpaid tax accounts over to the Tax Collector together with a warrant for the collection of such accounts. Accounts forwarded to the Tax Collector shall include interest accrued to that date, and simple interest shall continue to accrue at a rate as set forth by a specific article in the Village meeting warning and approved by the voters. A delinquency fee as determined by the Village meeting warning and approved by the voters shall be added to the amount of tax due. The Tax Collector shall be empowered under general law of the State to levy on personal property, bring actions at law, conduct tax sales of real estate, and bring petitions for foreclosures on tax liens in accord with State law. Such acts shall be done in the name of the Village of Hyde Park. (d) The grand list of rateable estate within said Village, as made out by the listers of the Town of Hyde Park, shall be the grand list of said Village, and the trustees shall cause a copy of said list to be made out and filed in the office of the Clerk of said Village at the same time it is completed in the Town Clerk’s office. In case a parcel of real estate is situated partially within and partially without the limits of said Village, said listers shall designate in said list the appraised value of said real estate that lies within said limits. Added 1999, No. M-11 (Adj. Sess.), § 2, eff. May 9, 2000.

24 App. V.S.A. ch. 225, § 94 Tax abatements

94. Tax abatements The Board of Civil Authority, along with the Treasurer and the listers, shall constitute the Board of Abatement. The Board shall meet at least once a year, elect a Chair and Clerk, and consider all the taxpayers’ requests for abatement of their taxes, special assessment, or other levy made by the Village in accordance with 24 V.S.A. § 1535. The Clerk shall call the meeting, and public notice of the meeting must appear in at least three public places at least two days prior to the meeting. Added 1999, No. M-11 (Adj. Sess.), § 2, eff. May 9, 2000.

24 App. V.S.A. ch. 225, § 95 Indemnification

95. Indemnification The Village shall indemnify and hold all elective and appointive officers harmless from and against all liability claims and suits of any type brought against them as a consequence of their service, except those caused by and arising out of their intentional or willful misconduct. Said indemnity shall include all damages, costs, and attorney fees. Added 1999, No. M-11 (Adj. Sess.), § 2, eff. May 9, 2000.

Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/chapter/24APPENDIX/225Fetched: 10/21/2026