Vermont § 601 - Payment of taxes
Full text of Vermont Vermont Statutes Online § 601 — Payment of taxes, with citation guidance and answers to common questions.
§ 601. Payment of taxes
- (a) Taxes on real and personal property shall be paid in four equal payments, with one-fourth
of the annual tax bill for each taxpayer due and payable on August 15, November 15,
February 15, and May 15 of each year to the City Treasurer unless otherwise changed
by the City Council. (b) At the close of the fiscal year, any unexpended funds remaining from the City budget
may be retained, if approved by vote of the City Council, as an undesignated fund
balance for future use. Any funds retained pursuant to this provision shall be limited
to an amount not greater than five percent of the City budget. Any amount remaining
in excess of five percent in the City budget must be used in the subsequent budget
to cut the tax rate. (Amended 2013, No. M-5, § 2, eff. May 13, 2013.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 601
What does Vermont Statutes Online § 601 cover?
Section 601 ("Payment of taxes") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Vermont § 601?
A common citation format is "Vermont Statutes Online § 601" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Vermont law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.
How does Vermont § 601 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.