The Vermont Statutes Online
Subchapter 004 : FISCAL AFFAIRS(Cite as: 24 App. V.S.A. ch. 413, § 402)
§ 413-402. Budget appropriation and assessment
(a) Proposed budget. Annually, on or before December 1, the Board of Supervisors shall approve and cause to be distributed to the legislative branch of each member municipality for review and comment an annual report of its activities, including a financial statement, and a proposed budget of the District for the next fiscal year. This proposed budget shall include reasonably detailed estimates of:
(1) Deficits or surpluses, or both, from prior fiscal years;
(2) Anticipated expenditures for the administration of the District;
(3) Anticipated expenditures for the operation and maintenance of any District solid waste facilities;
(4) Costs of debt service;
(5) Payments due on long-term contracts;
(6) Payments due to any sinking funds for the retirement of debts;
(7) Payments due to any capital reserve funds;
(8) Anticipated revenues from sources other than assessments to member municipalities;
(9) The necessary appropriations to operate and carry out the District's functions for the next fiscal year;
(10) The proposed assessment to each member municipality; and
(11) Such other estimates as the Board of Supervisors shall deem necessary to propose.
(b) Public hearing. The Board of Supervisors shall hold a public hearing on or before November 1 of each year to receive comments from the legislative bodies of member municipalities and hear all other interested persons regarding the proposed budget. Notice of such hearing shall be the same as that specified under subchapter 5 of this chapter. The Board of Supervisors shall give consideration to all comments received and make such changes to the proposed budget as it deems advisable.
(c) Budget adoption, appropriations, and assessment. Annually, on or before December 1, the Board of Supervisors shall adopt the budget, appropriate the sums which it deems necessary to operate and carry out the District's functions for the next ensuing fiscal year, assess each member municipality for its proportionate share of the sums so appropriated, and adopt a schedule designating when such assessments are due and payable by the member municipalities.
(d) Apportionment of assessments. Assessments shall be apportioned among the member municipalities on a per capita basis or upon such other basis as the Board of Supervisors determines from time to time will be reasonable.