Vt. Stat. tit. 24A § 19-709
Current through L. 2024, c. 185.
Every appropriation, except an appropriation for a capital expenditure, shall lapse at the close of the fiscal year to the extent that it has not been expended or encumbered. An appropriation for a capital expenditure shall continue in force until the purpose for which it was made has been accomplished or abandoned.
24 Appendix V.S.A. § 19-709