Borrowing in anticipation of taxes

  1. Law
  2. Vermont Statutes
  3. Appendix - Municipal Charters
  4. City Of St. Albans
  5. Borrowing in anticipation of taxes

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§ 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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