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
004
:
FISCAL AFFAIRS
(Cite as: 24 App. V.S.A. ch. 413, § 404)
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§ 404. Limitations of appropriations
Actions or resolutions of the Board of Supervisors for the annual appropriations of
any year shall not cease to be operative at the end of the fiscal year for which they
were adopted, except as otherwise provided by the laws of the State of Vermont. Appropriations
made by the Board of Supervisors for the various estimates of the budget as defined
in subsection 402(a) of this subchapter shall be expended only for such estimates,
but by majority vote of the Board of Supervisors, the budget may be amended from time
to time to transfer funds between or among such estimates, except as otherwise limited
herein. Any balance left or unencumbered in any such budget estimate, or the amount
of any deficit at the end of the fiscal year, shall be included in and paid out of
the operating budget and appropriations in the next fiscal year.