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Terms Used In Vermont Statutes Title 24 Sec. 2301

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Municipality: shall include a city, town, town school district, incorporated school or fire district or incorporated village, and all other governmental incorporated units. See

§ 2301. Appropriations

A municipality may appropriate not to exceed two and one-half percent of its grand list to aid an agricultural fair or other public exhibition intended to promote the interests of any branch of agriculture, mechanic arts, or any of the liberal arts. No such appropriation shall be used so to enable any incorporated fair association to pay dividends on its capital stock.