2005 Vermont Code - § 711b. — Repealed. 2003, No. 130 (Adj. Sess.), § 15(4).

§ 711b. Assessment and payment to support union school district

(a) Upon receipt of the notice of the share in the union district expenses, the share shall become a legal obligation of the member district without need for further vote of the member district electorate.

(b) Unless otherwise agreed by the voters of a union school district, amounts owed to the union school district:

(1) if derived from tax revenues shall be paid within 20 days of the day on which the taxes become payable; or

(2) if derived from payments made under section 4028 of this title:

(A) the amount so derived as a percentage of the total state aid shall not exceed the percentage that the school district's union school enrollment bears to the district's total enrollment; and

(B) each installment shall be paid within 20 days of the day state aid is received.

(c) If a union school district or joint contract district does not adopt a budget by June 1, a member district shall pay amounts under subsection (b) of this section, equal to the most recently adopted union or joint contract budget, allocated according to the current year's apportionment. If the union or joint contract district subsequently adopts a budget, a member district shall reconcile the difference in its next payment.

(d) Payments due to a union school district which are not paid on time shall be subject to a late penalty and interest. The amount of the penalty shall be eight percent of the amounts due. Interest shall be paid on the unpaid balance at the rate of one percent per month or fraction of a month for the first three months that the payment is overdue, and one and one-half percent per month or fraction of a month thereafter. The total of penalty and interest shall not exceed the amount of the payment itself.

(e) The board of directors of the union district may bring an action on this statute in the name of the union district to recover of the member district the amount due under this section, and, upon judgment, may levy its execution against any of the real or personal property within the delinquent member district. (Added 1967, No. 277 (Adj. Sess.), § 32; amended 1985, No. 235 (Adj. Sess.); 1987, No. 228 (Adj. Sess.), § 15; 1997, No. 71 (Adj. Sess.), § 110, eff. July 1, 1999; 2001, No. 8, § 8.)