§ 1501. Taxes on real and personal property Taxes on real and personal property shall be due and payable in no fewer than three equal installments on such dates of each tax year as shall be determined annually by the City Council. (Amended 1999, No. M-4, § 4, eff. April 27, 1999.)
§ 1502. Penalty A late charge of eight percent will be added to any tax not paid on or before the dates specified in section 1501 of this subchapter. In addition, interest at the rate of one percent per month will be added to any tax not paid on or before its due date, for […]
§ 1503. Waiver of penalty (a) The City Manager may waive the penalty incurred by any taxpayer because of the late payment of the installment of real and personal property taxes, but only when all of the following requirements have been met: (1) the total amount of such installment was paid in full within 30 […]
§ 1504. Business inventory and business personal property (a) The City shall exempt business inventory as defined in 32 V.S.A. § 3848 from the property tax. (b) Business personal property as defined in 32 V.S.A. § 3618(c) shall be appraised in accordance with the provisions of 32 V.S.A. § 3618, as such provisions are from […]
§ 1505. Tax stabilization agreements Notwithstanding any other provisions of this charter or the requirements of the general law of the State of Vermont, the City Council is authorized and empowered to negotiate and execute agreements between the City and taxpayers regarding assessment and taxation of taxable commercial and industrial property located within the City, […]
§ 1506. Sales, rooms, meals, and alcoholic beverages tax (a) The City Council may impose a tax on those transactions in the City involving sales, rooms, meals, and alcoholic beverages that are subject to taxation by the State of Vermont. The authority of the City Council to impose a tax on these transactions was approved […]
