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
015
:
BUDGET AND TAXATION
(Cite as: 24 App. V.S.A. ch. 133, § 1502)
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§ 1502. Preparation and submission of budget and town report
(a) The Town Manager, at least 60 days before the date of the regular annual Town meeting,
shall submit to the Selectboard a budget that shall contain:
(1) a statement of the financial condition of the Town as of the end of the fiscal year
and as of the date of submission of the budget;
(2) an itemized statement of appropriations recommended for current expenses and for capital
improvements during the next fiscal year with comparative statements in parallel columns
of appropriations and estimated expenditures for the current fiscal year and actual
appropriations and expenditures for the preceding fiscal year;
(3) an itemized statement of estimated revenues from all sources, other than taxation,
for the next fiscal year; a statement of estimated taxes required for the next fiscal
year; and comparative figures of tax and other sources of revenue for the current
and the preceding fiscal year;
(4) a statement of the short and long-term indebtedness of the Town;
(5) a listing of delinquent taxpayers;
(6) such other information as may be required by the Selectboard or law.
(b) The Selectboard’s budget in its final form and the warning of the meeting shall be
made available to the legal voters of the Town in an annual Town report at least 14
days prior to the annual Town meeting.