24 V.S.A. App. ch. 409, § 407: Capital reserve fund
Where this section sits in the code
- Title 24 Appendix: Municipal Charters
- Chapter 409: Lamoille Regional Solid Waste Management District
- Subchapter 004: FISCAL AFFAIRS
The Board may establish and provide for a capital reserve fund to pay for public improvements, replacement of worn out buildings and equipment, and major repairs of District facilities. Any such capital reserve fund shall be kept in a separate account and invested as are other public funds and shall be expended for such purposes for which established. The cost of payments to any capital reserve fund shall be included in the annual budget of the District.
Collected 2026-09-05T17:17:07Z. Source file · JSON