Vermont § 5128 - Annual budget and assessments

§ 5128. Annual budget and assessments

• (a) Each year the board of commissioners shall prepare a proposed budget for the district
  for the next fiscal year, which shall include an estimate of the revenue of the district
  from fares and other sources, except municipal contributions, and the expenses for
  the next fiscal year, including debt service. The proposed budget shall be sent to
  the legislative branch of any member municipality by certified mail. The board of
  commissioners may call a meeting or meetings of the residents of its member municipalities
  for the purpose of presenting the proposed budget. Any meeting called shall be warned
  by a notice published in a newspaper of general circulation in the area of operation
  at least seven days prior to the meeting containing the date, time and place at which
  the meeting is to be held and a statement of the purpose of the meeting. (b) Annually, following the distribution provided in subsection (a), the board of commissioners
  shall review the proposed budget of the district in light of any discussion, and shall
  then adopt the budget with or without changes and determine the contributions to be
  requested from member municipalities. (Added 1981, No. 195 (Adj. Sess.), § 1; amended 1983, No. 120 (Adj. Sess.).)