§ 7.5. Lapse of appropriation
Every appropriation, except for a capital expenditure, shall lapse at the close of the fiscal year following the appropriation to the extent it has not been expended or encumbered. An appropriation for a capital expenditure shall not lapse until its purpose has been accomplished or abandoned, or until three years pass without any substantial disbursement or encumbrance. Duly approved sinking funds are exempt from this provision.
Structure Vermont Statutes
Title 24 Appendix - Municipal Charters
Chapter 107 - Town of Brattleboro
App § 2.4. Representative Town Meeting
App § 2.6. Board of School Directors
App § 2.7. Board of Library Trustees
App § 2.8. Consolidation of services
App § 2.9. Conflict of interest
App § 2.10. Limits on terms of office
App § 4.1. Composition; eligibility; elections; terms
App § 4.6. General powers, duties, and responsibilities of the Selectboard
App § 5.1. General powers; duties; responsibilities of the Town Manager
App § 6.1. Composition; eligibility; elections; terms
App § 6.6. General powers and responsibilities of the School Directors
App § 7.1. Capital expenditures
App § 7.2. Capital Grant Review Board
App § 7.4. Reappraisal of property
App § 7.5. Lapse of appropriation
App § 7.7. Borrowing in anticipation of taxes
App § 7.8. Office of Assessment
App § 10.1. Representative Town Meeting; authorized
App § 10.2. Districts; report of Selectboard; meetings; voting
App § 10.4. Nomination of candidates; preparation and delivery of ballots; return of unused ballots
App § 10.5. Resignation or disqualification of members; vacancies; how filled
App § 10.6. Voting; members to receive no compensation; quorum; warning
App § 10.7. Articles in warning; action on
App § 10.9. Interpretation of Town acts
App § 11.1. Description of officers, officials, boards, commissions, and committees