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.
Title 16 Appendix : Education Charters and Agreements
Chapter 011 : Essex Junction School District
Subchapter 005 : FINANCIAL MATTERS
(Cite as: 16 App. V.S.A. ch. 11, § 5.02)-
§ 11-5.2. Borrowing
The District may borrow money in any year in anticipation of taxes assessed in such year, in an amount not to exceed 90 percent of the taxes assessed in such year. Such notes or orders, however, must mature within one year from the date thereof and be paid from the taxes assessed and collected in such year.