The Vermont Statutes Online
Title 24 Appendix : Municipal Charters
Chapter 019 : CITY OF WINOOSKI
(Cite as: 24 App. V.S.A. ch. 19, § 709)-
§ 709. Lapse of appropriations
Every appropriation, except an appropriation for a capital expenditure, shall lapse at the close of the fiscal year to the extent that it has not been expended or encumbered. An appropriation for a capital expenditure shall continue in force until the purpose for which it was made has been accomplished or abandoned. (Added 2013, No. M-9, § 3, eff. June 4, 2013; amended 2015, No. M-19 (Adj. Sess.), § 2, eff. May 17, 2016.)
