Vermont § 1501 - Fiscal year
Full text of Vermont Vermont Statutes Online § 1501 — Fiscal year, with citation guidance and answers to common questions.
§ 1501. Fiscal year
- (a) The fiscal year of the Town shall commence on the first day of July and end on the
last day of June. Upon the close of each fiscal year, the Selectboard shall order
an audit by an outside firm that the Selectboard chooses for that purpose. The annual
audit shall be made available to the general public prior to the annual meeting upon
request and upon payment of the Town’s actual and reasonable copying costs. (b) The fiscal year of the Richmond Town School District shall commence on the first day
of July and end on the last day of June. The Richmond Town School District shall
not have School District auditors. Upon the close of each School District fiscal
year, the School Board shall order an audit by an outside firm that the School Board
chooses for that purpose. The annual School District audit shall be made available
to the general public upon request and upon payment of the Town School District’s
actual and reasonable copying costs. (Amended 2005, No. M-10 (Adj. Sess.), § 16, eff. May 1, 2006.)
Frequently Asked Questions About Vermont § 1501
What does Vermont Statutes Online § 1501 cover?
Section 1501 ("Fiscal year") 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 § 1501?
A common citation format is "Vermont Statutes Online § 1501" (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 § 1501 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.