The Vermont Statutes Online
Subchapter 015 : BUDGET AND TAXATION(Cite as: 24 App. V.S.A. ch. 123, § 1502)
§ 123-1502. Preparation and submission of budget
(a) The Town Manager, at least 90 days before the date of the regular annual Town meeting, shall submit to the selectmen a budget which, except as required by law or this charter, shall be in such form as the Manager deems desirable or the selectmen members may require. The budget shall contain:
(1) An estimate of the financial condition of the Town as of the end of the fiscal year and as of the date of the submission of the budget.
(2) An itemized statement of appropriations recommended for current expenses and for capital improvements, during the next fiscal year with comparative statements in parallel columns of appropriations and estimated expenditures for the year and actual appropriations and expenditures for the next preceding fiscal year.
(3) An itemized statement of estimated revenues from all sources, other than taxation, for the next fiscal year; a statement of taxes required for the next fiscal year; and comparative figures of tax and other sources of revenue for the current and last preceding fiscal year.
(4) Such other information as may be required by the Board of Selectmen.
(b) At least 10 days before the annual meeting of the Town, the selectmen shall publish in a newspaper of general local circulation a notice containing the amount which the Town anticipates must be raised by Town taxes and to be voted at its annual meeting.
(c) The selectmen's budget in its final form and the warning of the meeting shall be made available to the legal voters of the Town at least 10 days prior to the annual meeting.