§ 409. Capital reserve fund
The Board of Supervisors shall establish and provide for a capital reserve fund or funds as it determines appropriate to pay for improvements or repairs to and replacement of District buildings, equipment, and other capital assets of the District. When so established, a capital reserve fund or funds shall be kept intact and separate from other monies of the District, and shall be accounted for as a pledged asset for the purpose for which the fund was established. The cost of contributions to such capital reserve fund or funds shall be included in the annual budget of the District.
Structure Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 411 - Northeast Kingdom Waste Management District
App § 107. Responsibility to accept waste
App § 202. Selection of supervisors and their alternates
App § 205. Organizational meeting
App § 212. Rules and procedures
App § 213. Composition of members of Board of Supervisors
App § 214. Access to meetings and records
App § 306. Bonding of officers
App § 307. Compensation of officers
App § 309. Delegation to District staff
App § 403. Budget hearing and adoption
App § 404. Revenues and appropriations
App § 406. Short-term indebtedness
App § 407. Long-term indebtedness; long-term contracts
App § 409. Capital reserve fund
App § 505. Contents of warnings
App § 506. Signing of warnings
App § 509. Qualification and registration of voters
App § 510. Conduct of meetings
App § 511. Reconsideration or rescission of vote
App § 512. Validation of District meetings
App § 601. Withdrawal by a member municipality
App § 602. Admission of new member municipalities
App § 603. Dissolution of District