App § 409. Capital reserve fund
§ 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 […]
App § 404. Revenues and appropriations
§ 404. Revenues and appropriations (a) The Board of Supervisors shall establish a fee structure for the purpose of generating revenues for the District, which fee structure shall be designed to generate sufficient revenue to enable the District to operate and carry out its functions and financial obligations, including the timely payment of its longterm […]
App § 405. Assessments
§ 405. Assessments The Treasurer of the District shall, within one week after a schedule is adopted or amended, notify the treasurer of each member municipality and the registered haulers of the District of the adoption of the fee schedule. The amount of assessment there under shall be paid to the Treasurer of the District […]
App § 406. Short-term indebtedness
§ 406. Short-term indebtedness The Board of Supervisors is authorized to borrow money through the issuance of notes for the purpose of paying the current expenses of the District. Such notes must bear a maturity date within one year, but may be renewed in accordance with the provisions of 24 V.S.A., chapter 53.
App § 407. Long-term indebtedness; long-term contracts
§ 407. Long-term indebtedness; long-term contracts Upon resolution adopted by a majority vote of the Board of Supervisors at a regular or special meeting, which resolution shall set forth that the Board of Supervisors determines that the interests of the District require either the undertaking of capital improvements which cannot be financed through the current […]
App § 408. Sinking fund
§ 408. Sinking fund The Board of Supervisors shall establish and provide for the sinking fund or funds as it determines appropriate to provide for the retirement of bond issue or other debt, or to provide security for the payment thereof.
App § 402. Budget preparation
§ 402. Budget preparation On or before November 15th of each year, the Board of Supervisors shall prepare a budget for the District for the ensuing fiscal year, which budget shall include an estimate of all revenues anticipated to be received by the District from disposal fees and other sources, and an estimate of all […]
App § 403. Budget hearing and adoption
§ 403. Budget hearing and adoption (a) The Board of Supervisors shall call at least one meeting of the legal voters of the member municipalities to be held on or before December 15th in each fiscal year for the purpose of having the Board of Supervisors present its proposed budget for the District for the […]