Vt. Stat. tit. 24A § 247-501
The members of the Board of Trustees shall constitute the legislative body of the Village of Newbury for all purposes required by statute and, except as otherwise specifically provided, shall have all powers and authority given to, and perform all duties required of incorporated villages or boards of trustees under the laws of the State of Vermont.
The Board of Trustees shall have the general care and management of the prudential interests and affairs of said corporation, shall direct the expenditure of all monies belonging to said corporation, draw orders upon the Treasurer, and generally perform all the duties legally enjoined upon them by said corporation, and shall submit their accounts and vouchers to the Auditor at least 20 days before the annual meeting.
Trustees shall prepare a budget for the oncoming year and hold a public hearing on it at least 10 days before the annual meeting. Notice of such hearing shall be posted in four public places not less than five days before the date set for the hearing.
The trustees shall have power to abate taxes laid and assessed by virtue of this charter for the same causes and subject to the same limitation as boards of civil authority have in the matter of town taxes.
The trustees may by resolution create, change, and abolish boards and commissions as in their judgment are required or necessary and convenient to, or as are now or hereinafter provided by law, and may grant to them such power and duties as are consistent with the provisions of this charter. The trustees shall be ex officio members of all boards and commissions.
All powers vested in said trustees shall be exercised by a majority of them.
Forthwith after an election and qualification, the trustees shall organize and elect a Chair and shall file a certificate of such election for record in the office of the Village Clerk.
24 Appendix V.S.A. § 247-501