Vermont § 905 - Appropriation and transfers

§ 905. Appropriation and transfers

• (a) An annual budget shall be adopted at the City Meeting by the vote of a majority of
  eligible voters by Australian ballot in accordance with section 401 of this charter.
  If, after the total budget has been appropriated, the Council finds additional appropriations
  necessary, the appropriations shall be made and reported at the next City Meeting
  as a specific item. The appropriations shall only be made in special circumstances
  or situations of an emergency nature. No specific explanation need be given for any
  normal annual operating expense in any office, department, or agency that may be increased
  over the budget amount by an amount not more than 10 percent of the office’s, department’s,
  or agency’s budget. (b) From the effective date of the budget, the amounts stated therein, as approved by
  the voters, become appropriated to the several agencies and purposes therein named. (c) The Manager may at any time transfer an unencumbered appropriation balance or portion
  thereof between general classifications of expenditures within an office, department,
  or agency. At the request of the Manager, the Council may, by resolution, transfer
  any unencumbered appropriation balance or portion thereof within the Council budget
  from one department, office, or agency to another. (d) Notwithstanding the above, no unexpended balance in any appropriation not included
  in the Council budget shall be transferred or used for any other purpose. (Added 2021, No. M-10 (Adj. Sess.), § 2, eff. July 1, 2022.)