Vt. Stat. tit. 24A § 3-104
Except when otherwise provided, whenever any tax shall be assessed on the property grand list by the City Council, the tax bill shall be delivered to the Chief Administrative Officer, to whom the taxes so assessed shall be paid, one-quarter of such tax shall be paid to said Chief Administrative Officer within 15 days from the time the tax bill for the same is delivered to him or her; one-quarter of such tax shall be paid to said Treasurer within three months and 15 days from the date when said tax bill is delivered to him or her; and one-quarter of such tax shall be paid to the Chief Administrative Officer within seven months and 15 days from the date when said tax bill is delivered to him or her; and one-quarter of such tax shall be paid to the Chief Administrative Officer within 10 months and 15 days from the date when said tax bill is delivered to said Chief Administrative Officer. All installments of said taxes as received by said Chief Administrative Officer shall be applied by him or her first to payment of any personal property tax and next to payment of any real estate tax. Notwithstanding the foregoing, the Board of Finance may establish and amend from time to time a discount that shall be available to a taxpayer who pays the entirety of the real estate taxes due on a particular piece of property on or before the payment due date for the first installment of such real estate taxes; provided, however, that any such discount shall not affect the City's liability to the State for education property taxes.
24 Appendix V.S.A. § 3-104