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
006
:
EXECUTIVE DEPARTMENTS
(Cite as: 24 App. V.S.A. ch. 3, § 154)
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§ 154. Composition
The Board of Finance shall be constituted as follows: The Mayor shall, ex officio,
be Chair of said Board and together with the President of the City Council, and three
additional members of the City Council who shall be elected at the first meeting of
the City Council in April of each year and who shall serve a term of one year from
the date of their election shall constitute said Board of Finance. In addition, the
Chief Administrative Officer shall serve as a nonvoting member of said Board. All
of the additional three members elected from the City Council may not be members of
the same political party. The members of said Board shall be trustees of public monies
for the City and shall have the powers and perform all the duties of similar officers
in towns of this State; provided, however, that they shall make no investment or reinvestment
of any of the cemetery endowment funds of the City without first obtaining the written
approval thereof by a majority of the Board of Cemetery Commissioners. The Clerk/Treasurer’s
Office shall provide staff assistance for said Board. In the absence or disability
of the Mayor, the Chief Administrative Officer shall sit as a voting member. (Amended 1997, No. M-18 (Adj. Sess.), § 26, eff. April 23, 1998; 2011, No. M-4, § 2, eff. April 4, 2011.)