Vermont Statutes Title 29 Sec. 156
Terms Used In Vermont Statutes Title 29 Sec. 156
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
§ 156. City of Montpelier District Heat Plant Maintenance Reserve Fund
(a) There is established a special fund pursuant to 32 Vt. Stat. Ann. chapter 7, subchapter 5 known as the City of Montpelier District Heat Plant Maintenance Reserve Fund.
(b) The Fund shall comprise payments from the City of Montpelier for the City’s share of the maintenance of the District Heat Plant.
(c) Monies in the Fund shall be available to the Commissioner of Buildings and General Services for the maintenance of the District Heat Plant upon commencement of the District Heat Plant’s operations.
(d) The Commissioner of Finance and Management may draw warrants for disbursements from this Fund in anticipation of receipts. Any remaining balance at the end of the fiscal year shall be carried forward in the Fund. (Added 2015, No. 26, § 31, eff. May 18, 2015.)