The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
002
:
FEDERAL FUNDS
(Cite as: 16 V.S.A. § 42)
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§ 42. Acceptance, distribution, and accounting of federal funds
(a) The State Treasurer, acting upon the order of the Secretary, shall accept, distribute,
and account for federal funds available for use by the Agency. Funds shall be distributed
and accounted for by the State Treasurer in accordance with the laws of Vermont, but
if there is a conflict between those laws and the laws or regulations of the United
States, then federal law shall apply. The Secretary shall prepare and submit federally
required statements of funds received and disbursed. The Secretary shall cause an
audit to be made of the federal funds and shall submit a copy of the audit as required
by federal law. The audit shall be supported by any reports from the supervisory union,
local school districts, or other recipients of federal funds as may be required by
the Secretary or the federal government.
(b) The State Treasurer may directly deposit checks payable to a supervisory union or
any school district within it or may deliver checks to the superintendent of the supervisory
union. (Added 1969, No. 298 (Adj. Sess.), § 20; amended 1987, No. 228 (Adj. Sess.), § 8; 2013, No. 92 (Adj. Sess.), § 18, eff. Feb. 14, 2014.)