{"data":{"id":"us-vt/24-v.s.a.-app.-ch.-149-44","jurisdiction":"us-vt","citation":"24 V.S.A. App. ch. 149, § 44","heading":"Reserve funds","body":"(a) The Selectboard may raise and appropriate money for the establishment of reserve or equipment reserve funds for the financing of all or part of:\n(1) the construction, reconstruction, or acquisition of a specific capital improvement, or the acquisition of a specific item of equipment;\n(2) the construction, reconstruction, or acquisition of a type of capital improvement or acquisition of a type of equipment;\n(3) other purposes to meet specific obligations and needs of the Town so as to ensure efficient operations.\n(b) The size and regulation of reserve funds shall be determined by the Selectboard.","path":["Title 24 Appendix: Municipal Charters","Chapter 149: Town of Springfield","Subchapter 004: BUDGETS AND FINANCE"],"source_url":"https://legislature.vermont.gov/statutes/section/24APPENDIX/149/00044","current_through":"2025 session","vintage":"","retrieved_at":"2026-09-05T17:17:06Z","sha256":"287ca3f20f68261cf4051d47b9d77c24cc1ade2cc3606a0d628e2f70073e95b5","source_id":"us-vt","stale":false,"prev":"us-vt/24-v.s.a.-app.-ch.-149-43","next":"us-vt/24-v.s.a.-app.-ch.-149-45"},"notice":"GroundRules: Original legal text. Not legal advice."}