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.
(Cite as: 24 App. V.S.A. ch. 279, § 7)
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§ 7. Village Treasurer
(a) The Village Treasurer shall be a Village resident or nonresident appointed by the
Board of Trustees at the first meeting of the Board of Trustees following each annual
meeting of the Village. These appointments shall be recorded in the office of the
Village Clerk. After appointment, the Village Treasurer shall appoint one or more
assistant Village treasurers with the approval of the Board of Trustees, for whose
official acts the Village Treasurer shall be responsible.
(b) The Village Treasurer shall have all the authority, duties, and responsibilities that
are conferred upon the office of town treasurer by the general law of the State of
Vermont.
(c) With the approval of the Board of Trustees, and consistent with duly adopted investment
policies, the Village Treasurer shall invest Village funds or place them in interest-bearing
accounts that are suitable and proper for municipal funds to be safeguarded and kept.
These funds may be drawn upon by the Village Treasurer or assistant Village treasurer,
upon orders approved by the Board of Trustees.
(d) The Village and the Board of Trustees may establish special funds from time to time
that may be pooled for investment purposes by the Village Treasurer who shall keep
separate accounting for each fund. Interest and other gains and losses accruing to
the account shall be credited to each component special fund based on the reconciled
average balance of the individual components, proportionalized as necessary.