2012 Vermont Statutes
Title 29 Public Property and Supplies
Chapter 5 DEPARTMENT OF BUILDINGS AND GENERAL SERVICES
§ 168 State resource management; revolving fund

§ 168. State resource management; revolving fund

(a) Resource management. The department shall be responsible for administering the interest of the state in all resource conservation measures, including equipment replacement, studies, weatherization, and construction of improvements affecting the use of energy resources. All resource conservation measures taken for the benefit of departments or agencies to which this section applies shall, beginning on July 1, 2004, be made and executed by and in the name of the commissioner.

(b) Revolving fund.

(1) There is established a resource management revolving fund to provide revenue for implementation of resource conservation measures anticipated to generate a life cycle cost benefit to the state. All state agencies responsible for development and operations and maintenance of state infrastructure shall have access to the revolving fund on a priority basis established by the commissioner.

(2) The fund shall consist of:

(A) Monies appropriated to the fund, or which are paid to it under authorization of the emergency board.

(B) Monies saved by the implementation of resource management conservation measures.

(C) Fees for administrative costs paid by departments and agencies, which shall be fixed by the commissioner subject to the approval of the secretary of administration.

(D) [Deleted.]

(3) Monies from the fund shall be expended by the commissioner for resource conservation measures anticipated to generate a life cycle cost benefit to the state and all necessary costs involved with the administration of state agency energy planning as determined by the commissioner.

(4) The commissioner shall establish criteria to determine eligibility for funding of resource conservation measures.

(5) Agencies or departments receiving funding shall repay the fund through their regular operating budgets according to a schedule established by the commissioner. Repayment shall include charges of fees for administrative costs over the term of the repayment.

(6) The commissioner of finance and management may anticipate receipts to this fund and issue warrants based thereon.

(7) The commissioner of buildings and general services shall maintain accurate and complete records of all receipts by and expenditures from the fund.

(8) All balances remaining at the end of a fiscal year shall be carried over to the following year. (Added 2003, No. 121 (Adj. Sess.), § 46, eff. June 8, 2004; amended 2007, No. 121 (Adj. Sess.), § 22; 2009, No. 33, § 56; 2011, No. 40, § 48, eff. May 20, 2011; 2011, No. 104 (Adj. Sess.), § 29, eff. May 7, 2012.)