Vermont § 4595 - Annual budget
Full text of Vermont Vermont Statutes Online § 4595 — Annual budget, with citation guidance and answers to common questions.
§ 4595. Annual budget
- (a) On or before December 1 in each year, the Bank shall adopt an annual budget for the
succeeding year. The budget shall set forth the general categories of expected expenditures
and the amount on account of each and shall include a provision or reserve for contingencies
or over expenditures as well as any additional material as the Bank may determine.
Copies of the annual budget certified by the Chair of the Bank shall be promptly filed
with the State Treasurer and the Director of Budget and Management and the annual
budget shall not be effective until it is so filed. (b) If for any reason the Bank does not adopt the annual budget on or before December
1, the budget for the preceding year shall be in effect for that year until the annual
budget for the year is adopted. (c) The Bank may at any time adopt an amended annual budget for the current calendar year,
but the amended annual budget may not supersede any prior budget until it is approved
by the State Treasurer as reasonable and necessary, and filed as required in the case
of the annual budget. (Added 1969, No. 216 (Adj. Sess.), § 3, eff. March 27, 1970.)
Frequently Asked Questions About Vermont § 4595
What does Vermont Statutes Online § 4595 cover?
Section 4595 ("Annual budget") 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 § 4595?
A common citation format is "Vermont Statutes Online § 4595" (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 § 4595 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.