There is a newer version of the Vermont Statutes
2013 Vermont Statutes
Title 24 Appendix Municipal Charters
Chapter 11 CITY OF ST. ALBANS
§ 29 Borrowing in anticipation of taxes
24A V.S.A. § 29 What's This?
11-29. Borrowing in anticipation of taxes
The City Council may borrow money at the most favorable rate of interest it can obtain in anticipation of City revenues to be collected within the fiscal year. (Amended 2009, No. M-23 (Adj. Sess.), 30, eff. May 20, 2010.)
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