Vermont § 510 - District taxes

§ 510. District taxes

• (a) District taxes are charges levied upon the owners of taxable properties located in
  the District, excepting properties used exclusively for residential purposes, which
  taxes shall be used to defray the expenses incurred in connection with the operation,
  maintenance, and repair of the District. (b) The District tax for each property in the District subject to the tax shall be based
  upon a rate on each $100.00 of listed value of the property as adjusted under subsection
  (c) of this section. The tax rate shall be determined by dividing the amount to be
  raised by taxes, by the total value of the taxable properties on the grand list as
  adjusted located in the District that are subject to the District tax under this subchapter. (c) The District tax shall be set by the Select Board upon approval of the budget by the
  Select Board and notice in writing thereof shall be given to owners of record as of
  April 1 of each year of property so assessed, or to their agents or attorneys, stating
  therein the amount of such District taxes, and such taxes shall be due and payable
  to the Town Treasurer when normal Town and school taxes are due. The Town Treasurer
  shall collect unpaid District taxes as provided for the collection of taxes in the
  charter. District taxes shall be a lien on the properties when assessed and until
  the tax is paid or the lien is otherwise discharged by operation of law. (d) In the case of any property used for both residential and nonresidential purposes
  within the District as of April 1, the Board of Listers (Board) shall adjust the listed
  value for the purposes of determining the District tax under this section to exclude
  the value of that portion of the property used for residential purposes. The Board
  shall determine the adjusted grand list value of the business portion of the property
  and give notice of the same as provided under 32 V.S.A. chapter 131. Any property owner may file a grievance with the Board and appeal the decision of
  the Board as provided for under 32 V.S.A. chapter 131; however, the filing of an appeal of the determination of the Board and pendency
  of the appeal shall not vacate the lien on the property assessed, and the District
  taxes must be paid and continue to be paid as they become due. (Amended 2005, No. M-6, § 5, eff. June 4, 2005.)