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
003
:
CITY COUNCIL WITH MAYOR PRESIDING AND CITY COUNCIL
(Cite as: 24 App. V.S.A. ch. 3, § 69)
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§ 69. Fiscal year; reports required
(a)(1) The fiscal year of the City shall begin on the first day of July in one year and end
on the 30th day of June in the next year. A full record of the revenues and expenditures
of all City departments shall be kept; and a clear statement of the affairs of the
City generally, including all receipts and disbursements of City monies shall be published
online and be available for inspection upon request.
(2) The name and amount of salary paid to every City employee shall be published in the
City’s annual report. The name and amount of compensation paid to any other individual
to the extent required to be reported to the Internal Revenue Service on a 1099 form
or otherwise shall be published online and available for inspection upon request prior
to the annual meeting.
(3) The annual audit of the City’s financial records shall be finalized at least 30 days
before the annual meeting or as the City Council may by resolution prescribe. The
annual report of the City shall include a summary of the audit and a copy of the management
letter, and full copies of each annual audit shall be published online and available
upon request.
(b) Each City Department that has a commission shall consult with and seek the recommendation
of its commission prior to submission of its annual budget to the Mayor. (Amended 1997, No. M-18 (Adj. Sess.), § 26, eff. April 23, 1998; 1999, No. M-7, § 5, eff. May 19, 1999; 2001, No. M-6, § 2; 2015, No. M-18 (Adj. Sess.), § 2, eff. May 17, 2016.)