The Vermont Statutes Online
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
NOTE: The online version of the Vermont Statutes does NOT yet include the actions of the 2023 legislative session. The 2023 updates should be available by the end of October.
Subchapter 107 : FINANCES(Cite as: 24 App. V.S.A. ch. 107, § 7.02)
§ 7.2. Capital Grant Review Board
A Capital Grant Review Board shall be established to study and evaluate all requests made on behalf of the Town or its boards for grants or loans for capital expenditures. The Board shall consist of two representatives appointed annually by the Selectboard, two representatives appointed annually by the school directors, and two representatives appointed annually by the Representative Town Meeting. The Board shall submit its recommendations in writing to the Selectboard or the school directors, as the case may be. Its recommendations are advisory only. (Amended 2003, No. M-6, § 2; 2011, No. M-10 (Adj. Sess.), § 2, eff. April 27, 2012.)