Vermont § 715 - Expenditures not to exceed revenues
Full text of Vermont Vermont Statutes Online § 715 — Expenditures not to exceed revenues, with citation guidance and answers to common questions.
§ 715. Expenditures not to exceed revenues
- (a) The City Council shall not exceed in expenditures, except by authority of the legal
voters of the City, or to meet obligations imposed by law upon the City, the current
revenues of the City during the current fiscal year. If the current revenues of the
City shall have been expended before the end of the fiscal year and there remain discretionary
expenditures to be met, the City Council shall call a special meeting of the legal
voters of the City to consider the means of financing such expenditures. (b) The City Council, without special direction of the voters of the City, shall not draw
orders on the City Treasury in excess of the current revenues, except to meet obligations
imposed by law. The City Treasurer, without special direction of the voters of the
City, shall not honor orders drawn in excess of the current revenues, except to meet
obligations imposed by law. (Added 2013, No. M-9, § 3, eff. June 4, 2013; amended 2015, No. M-19 (Adj. Sess.), § 2, eff. May 17, 2016.)
Source: official Vermont text · Last verified 2026-08-27
Frequently Asked Questions About Vermont § 715
What does Vermont Statutes Online § 715 cover?
Section 715 ("Expenditures not to exceed revenues") 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 § 715?
A common citation format is "Vermont Statutes Online § 715" (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 § 715 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.