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
:
CITY OFFICIALS
(Cite as: 24 App. V.S.A. ch. 1, § 406a)
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§ 406a. Capital improvement plan
(a) Preparation and submission. The Manager, after consultation with department heads, shall submit a proposed five-year
capital improvement plan to the council at least three months prior to the annual
meeting.
(b) Contents. The capital expenditure plan shall include:
(1) a clear narrative summary of needs;
(2) a list of all capital expenditures to be proposed for the next five years with appropriate
supporting data;
(3) actual cost estimates, proposed methods of financing, and necessary time schedules
for each improvement; and
(4) estimated annual cost of operating and maintaining the facilities to be constructed
or acquired.
(c) Revision and update. The capital expenditure plan shall be revised and extended each year to reflect progress
or projects still pending. (Added 2021, No. M-15 (Adj. Sess.), § 2, eff. May 24, 2022.)