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the Vermont Statutes
2011 Vermont Code
Title 24 Appendix Municipal Charters
Chapter 5 CITY OF MONTPELIER
§ 1121 Limitations
Universal Citation:
24 VT Stats App. § 5-1121. (2011 through Adj Sess)
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§ 5-1121. Limitations
The credit of the city shall not be pledged, except in the manner herein provided, and the city council shall not expend in any year a sum of money in excess of the revenues of the city for that year or increase the indebtedness of the city, except, as provided by this charter.
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