Vermont § 43 - Capital expenditure program
Full text of Vermont Vermont Statutes Online § 43 — Capital expenditure program, with citation guidance and answers to common questions.
§ 43. Capital expenditure program
- (a) Preparation and submission. The Town Manager, after consultation with department heads, shall submit a proposed
five-year capital expenditure program to the Selectboard, with a copy provided to
the Budget Advisory Committee, at least three months prior to Town meeting. (b) Contents. (1) The capital expenditure program shall include: (A) a narrative summary of requests; (B) a list of all capital expenditures to be proposed for the next five years with appropriate
supporting data; (C) cost estimates, proposed methods of financing, and necessary time schedules for each
improvement or asset. (c) Revision and update. The above program shall be revised and extended each year to reflect progress or projects
still pending or assets to be acquired. (d) Inclusion in budget. A summary of the capital expenditure program shall be included in the budget with
special emphasis on the expenditures for the particular year. (Amended 2021, No. M-13 (Adj. Sess.), § 2, eff. May 16, 2022.)
Frequently Asked Questions About Vermont § 43
What does Vermont Statutes Online § 43 cover?
Section 43 ("Capital expenditure program") 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 § 43?
A common citation format is "Vermont Statutes Online § 43" (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 § 43 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.