Financial

V.S.A. tit. 24 Appendix, ch. 173, subch. 5

in effect

24 App. V.S.A. ch. 173, § 21 Fiscal year

21. Fiscal year The fiscal year shall begin the first day of July and end the last day of June, unless another date is fixed by the voters at any annual Town meeting.

24 App. V.S.A. ch. 173, § 22 Budget preparation

22. Budget preparation (a) The Town Administrator shall submit a proposed budget for the ensuing year to the Selectboard at least 60 days before the annual Town meeting. It shall contain all information required by the Selectboard. (b) A Budget Committee of at least five but not more than 12 voters shall be appointed by the Selectboard to review with the Selectboard the proposed Town budget. Their terms of office shall expire upon the adoption of the budget by the voters. (c) The Selectboard’s budget shall be available to the voters of Windsor at least 10 days prior to the annual meeting. (d) If a budget fails to be adopted at the annual Town meeting, the Town Administrator shall present a revised budget for review within 20 days by the Budget Committee and the Selectboard. (e) The date of the vote on the revised budget shall be at least seven days following the public hearing. Amended 1999, No. M-12 (Adj. Sess.), § 13, eff. May 9, 2000; 2005, No. M-13 (Adj. Sess.), § 9, eff. May 17, 2006.

24 App. V.S.A. ch. 173, § 23 Appropriations

23. Appropriations (a) All amounts specified in the budget and approved by the voters at the annual Town meeting are appropriated for the purposes specified. The Selectboard may transfer appropriated amounts between general classifications of expenditures. All unexpended and unencumbered appropriations, except appropriations for capital expenditures and reserve accounts, shall lapse at the close of the fiscal year or, by action of the Selectboard, may be placed in a Capital Reserve Fund. (b) The majority of the Selectboard shall sign the orders at each regularly scheduled meeting. Amended 1999, No. M-12 (Adj. Sess.), § 14, eff. May 9, 2000; 2005, No. M-13 (Adj. Sess.), § 10, eff. May 17, 2006; 2011, No. M-18 (Adj. Sess.), § 2, eff. May 9, 2012.

24 App. V.S.A. ch. 173, § 24 Purchasing policy

24. Purchasing policy The Town Administrator may expend an amount determined by the Selectboard, and the Selectboard may expend up to one-half of one percent of the then current General Fund budget for any established program without requesting competitive bids. Any other expenditures shall be open to competitive bidding, except if the Selectboard finds that bidding would be of no advantage to the Town. In such cases, the Selectboard shall detail in its minutes all reasons for such findings.

24 App. V.S.A. ch. 173, § 25 Taxes

25. Taxes (a) All real and personal property taxes shall be paid to the Town Treasurer in full or in not more than four equal installments as set forth by specific article in the Town warning. Taxes shall be considered late as established by vote at an annual Town meeting. Taxes shall be considered delinquent as established by vote at an annual Town meeting. (b) The total tax rate shall be set annually by the Selectboard as soon as practicable after final adoption of the Town budget, lodging of the grand list, and receipt of school tax rate information. In setting the Town rate, the Board shall consider only that amount that is necessary to offset the difference between municipal revenues and municipal expenses, including any deficit carried over from the previous year. (c) The Treasurer, within 10 days, shall turn all unpaid tax accounts over to the Collector of Delinquent Taxes together with a warrant for the collection of such accounts. Accounts forwarded to the Collector of Delinquent Taxes shall include interest accrued to that date, and simple interest shall continue to accrue at a rate as set forth by a specific article in the Town meeting warning and approved by the voters. A delinquency fee as determined by the Town meeting warning and approved by the voters shall be added to the amount of tax due. The Collector of Delinquent Taxes shall be empowered under general law of the State to levy on personal property, bring actions at law, conduct tax sales, and bring petitions for foreclosure on tax liens. Such acts shall be done in the name of the Town of Windsor. Amended 1999, No. M-12 (Adj. Sess.), § 15, eff. May 9, 2000; 2005, No. M-13 (Adj. Sess.), § 10a, eff. May 17, 2006.

24 App. V.S.A. ch. 173, § 26 Tax abatements

26. Tax abatements The Board of Civil Authority, along with the Treasurer and the listers, shall constitute the Board of Abatement. The Chair and the Clerk of the Board of Civil Authority shall serve as the Chair and Clerk of the Board of Abatement. The Board of Abatement shall meet at least once a year to consider all the taxpayers’ requests for abatement of their taxes, special assessment, or other levy made by the Town. The Clerk shall call the meeting and public notice of the meeting must appear in at least three public places at least two days prior to the meeting. Amended 1999, No. M-12 (Adj. Sess.), § 16, eff. May 9, 2000; 2005, No. M-13 (Adj. Sess.), § 11, eff. May 17, 2006.

Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/chapter/24APPENDIX/173Fetched: 10/21/2026