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2025 Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 5 - City of Montpelier
App § 1125. Budget surplus and deficit
Universal Citation:
24A VT Stats § 1125
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§ 1125. Budget surplus and deficit
Unless otherwise disposed of in the manner provided by law or set in reserve by the City Council, any surplus existing at the end of the fiscal year shall be carried forward as revenue in the General Fund for the next ensuing fiscal year. Any deficit existing at the end of the fiscal year shall be liquidated in the manner provided by law. (Added 2013, No. M-19 (Adj. Sess.), § 2, eff. May 20, 2014; amended 2017, No. M-18 (Adj. Sess.), § 2, eff. May 21, 2018.)
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