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
003
:
CITY COUNCIL
(Cite as: 24 App. V.S.A. ch. 1, § 312)
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§ 312. Audits
(a) The City Council shall prior to the close of each financial year employ by contract
a public accountant to examine the financial statements of the funds of the City.
(b) Annual examination of the financial statements shall be conducted in accordance with
generally accepted auditing standards and the financial and compliance standards for
audit of governmental organizations, programs, activities, and functions. For the
purpose of examination and audit authorized by the City, all records, account books,
papers, reports, and returns of all departments, including the trustees and custodians
of trust funds and all officers and employees who receive or disburse funds for the
benefit of the City, shall be made available for audit. It shall also be the duty
of each City officer or employee to provide oral explanatory information when required
by the public accountant.
(c) As a matter of policy, the City Council shall solicit public bids from public accountants
at least once in every three-year period.