32 V.S.A. § 3705 — Adjusted municipal grand list and adjusted municipal tax rate

(a) Prior to October 1 in each taxable year, the Division of Property Valuation and Review
shall provide the Secretary of Administration with the following:
(1) the adjusted municipal grand list for the prior assessment year, with the assessed
values of all State-owned property shown separately, together with a statement of
the common level of appraisal used to weight the assessed values of State-owned property;
(2) the adjusted municipal tax rate to be used in assessing taxes on the prior adjusted
municipal grand list; and
(3) the total sum of money voted by the municipality for all noneducational expenses,
pursuant to 17 V.S.A. § 2664.
(b) Prior to issuing a grant under this subchapter, the Secretary of Administration may
substitute his or her calculations of the adjusted municipal grand list or the adjusted
municipal tax rate for a municipality if the Secretary finds that those calculations
provided by the municipality under this section are in error or are inconsistent with
assessed values as determined pursuant to section 3704 of this title. (