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the Vermont Statutes
2011 Vermont Code
Title 24 Appendix Municipal Charters
Chapter 409 LAMOILLE REGIONAL SOLID WASTE MANAGEMENT DISTRICT
§ 407 Capital reserve fund
Universal Citation:
24 VT Stats App. § 409-407. (2011 through Adj Sess)
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TITLE 24A
0 TITLE TWENTY-FOUR
APPENDIX
Municipal Charters
PART IV
Solid Waste Districts
CHAPTER 409. LAMOILLE REGIONAL SOLID WASTE MANAGEMENT DISTRICT
Subchapter IV. Fiscal Affairs
§ 409-407. Capital reserve fund
The board may establish and provide for a capital reserve fund to pay for public improvements, replacement of worn out buildings and equipment, and major repairs of district facilities. Any such capital reserve fund shall be kept in a separate account and invested as are other public funds and shall be expended for such purposes for which established. The cost of payments to any capital reserve fund shall be included in the annual budget of the district.
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