Vermont Statutes

§ 12 — Annual budget, apportionment, assessment, taxes

Vermont·Title 24 Title 24 Appendix: Municipal Charters·Ch. 703 Chapter 703: Champlain Water District
(a)The Board of Water Commissioners of the District shall at each annual meeting present to the District its budget for the ensuing year, which shall include an estimate of the revenue from water rates and other sources, except taxes and the expenses for the ensuing year, and the District shall appropriate such sum as it deems necessary for such of said expenses as are not disapproved, which disapproval may not include interest on or principal of any indebtedness created or assumed by the District, together with the amount required to pay any balance left unpaid from the preceding year as will not be met from such estimated revenues, expressing said sum in dollars in its vote.
(b)The Board of Water Commissioners may add any expense in excess of revenue to the next year’s budget. In which

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