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2025 Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 19 - City of Winooski
App § 709. Lapse of appropriations
Universal Citation:
24A VT Stats § 709
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§ 709. Lapse of appropriations
Every appropriation, except an appropriation for a capital expenditure, shall lapse at the close of the fiscal year to the extent that it has not been expended or encumbered. An appropriation for a capital expenditure shall continue in force until the purpose for which it was made has been accomplished or abandoned. (Added 2013, No. M-9, § 3, eff. June 4, 2013; amended 2015, No. M-19 (Adj. Sess.), § 2, eff. May 17, 2016.)
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