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.
(Cite as: 24 App. V.S.A. ch. 19, § 708)
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§ 708. Amendments after adoption
(a) Supplemental appropriations. If during the fiscal year the Manager certifies that there are available for appropriation
revenues in excess of those estimated in the budget, the Council by resolution may
make supplemental appropriations for the year up to the amount of such excess.
(b) Reduction of appropriations. If at any time during the fiscal year it appears probable to the Manager that the
revenues available will be insufficient to meet the amount appropriated, the Manager
shall report to the Council without delay, indicating the estimated amount of the
deficit and any other steps to be taken. The Council shall then take such further
action as it deems necessary to prevent or minimize any deficit, and for that purpose
it may by resolution reduce one or more appropriations, or transfer all or any portion
of the balance of a capital reserve fund.
(c) Transfer of appropriations. At any time during the fiscal year, the Manager may transfer part or all of any unencumbered
appropriation balance among programs within a department, office, or agency and, upon
written request by the Manager, the Council may by resolution transfer part or all
of any unencumbered appropriation balance from one department, office, or agency to
another or set aside all or any portion of an unencumbered appropriation in a capital
reserve fund.
(d) Limitations; effective date. No appropriation for debt service may be reduced or transferred, and no appropriation
may be reduced below any amount required by law to be appropriated or by more than
the amount of the unencumbered balance thereof except as described in this section.
The supplemental appropriations and reductions or transfer of appropriation authorized
by this section may be made effective immediately upon adoption. (Added 2013, No. M-9, § 3, eff. June 4, 2013; amended 2015, No. M-19 (Adj. Sess.), § 2, eff. May 17, 2016.)