The Vermont Statutes Online
The Statutes below include the actions of the 2024 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.
Title 24 Appendix : Municipal Charters
Chapter 149 : Town of Springfield
Subchapter 004 : BUDGETS AND FINANCE
(Cite as: 24 App. V.S.A. ch. 149, § 43)-
§ 43. Capital expenditure program
(a) Preparation and submission. The Town Manager, after consultation with department heads, shall submit a proposed five-year capital expenditure program to the Selectboard, with a copy provided to the Budget Advisory Committee, at least three months prior to Town meeting.
(b) Contents.
(1) The capital expenditure program shall include:
(A) a narrative summary of requests;
(B) a list of all capital expenditures to be proposed for the next five years with appropriate supporting data;
(C) cost estimates, proposed methods of financing, and necessary time schedules for each improvement or asset.
(c) Revision and update. The above program shall be revised and extended each year to reflect progress or projects still pending or assets to be acquired.
(d) Inclusion in budget. A summary of the capital expenditure program shall be included in the budget with special emphasis on the expenditures for the particular year. (Amended 2021, No. M-13 (Adj. Sess.), § 2, eff. May 16, 2022.)
