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
004
:
FISCAL AFFAIRS
(Cite as: 24 App. V.S.A. ch. 407, § 404)
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§ 404. Limitations of appropriations
(a) Actions or resolutions of the Board of Supervisors for the annual appropriations of
any year shall not cease to be operative at the end of the fiscal year for which they
were adopted, except as otherwise provided by the laws of the State of Vermont.
(b) Appropriations made by the Board of Supervisors for the various estimates of the budget
as defined in subsection 402(a) of this subchapter shall be expended only for such
estimates, but by majority vote of the Board of Supervisors the budget may be amended
from time to time to transfer funds between or among such estimates, except as otherwise
limited herein. Any balance left or unencumbered in any such budget estimate, or
the amount of any deficit at the end of the fiscal year, shall be included in and
paid out of the operating budget and appropriations in the next fiscal year.