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
011
:
CAPITAL IMPROVEMENTS
(Cite as: 24 App. V.S.A. ch. 4, § 1101)
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§ 1101. Capital programs
(a) Preparation of capital program. The Manager shall prepare and submit to the Council a capital program at least three
months prior to the final date for submission of the budget.
(b) Contents. The capital program shall include:
(1) a clear general summary of its contents;
(2) a list of all capital improvements that are proposed to be undertaken during not fewer
than the next five fiscal years, with appropriate supporting information as to the
necessity for such improvements;
(3) cost estimates, method of financing, and recommended time schedules for each such
improvement; and
(4) the estimated annual cost of operating and maintaining the facilities to be constructed
or acquired.
(c) Revision. The information required by this section may be revised and extended each year with
regard to capital improvements still pending or in process of construction or acquisition. (Added 2021, No. M-10 (Adj. Sess.), § 2, eff. July 1, 2022.)