Vermont § 1125 - Budget surplus and deficit Unless otherwise disposed of in the manner provided by law or set in reserve by the

Full text of Vermont Vermont Statutes Online § 1125 — Budget surplus and deficit Unless otherwise disposed of in the manner provided by law or set in reserve by the, with citation guidance and answers to common questions.

§ 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.)

Source: official Vermont text · Last verified 2026-08-27

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Frequently Asked Questions About Vermont § 1125

What does Vermont Statutes Online § 1125 cover?

Section 1125 ("Budget surplus and deficit Unless otherwise disposed of in the manner provided by law or set in reserve by the") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 1125?

A common citation format is "Vermont Statutes Online § 1125" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 1125 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.