Vermont Statutes Title 10 Sec. 1315
Terms Used In Vermont Statutes Title 10 Sec. 1315
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Secretary: means the Secretary of Natural Resources or his or her authorized representative. See
§ 1315. Lake in Crisis Response Program Fund
(a) There is created a special fund known as the Lake in Crisis Response Program Fund to be administered by the Secretary of Natural Resources. The Fund shall consist of:
(1) funds that may be appropriated by the General Assembly; and
(2) other gifts, donations, or funds received from any source, public or private, dedicated for deposit into the Fund.
(b) The Secretary shall use monies deposited in the Fund for the Secretary’s implementation of a crisis response plan for a lake in crisis and for financial assistance under section 1313 of this title to persons subject to a lake in crisis order.
(c) Notwithstanding the requirements of 32 V.S.A. § 588(3) and (4), interest earned by the Fund and the balance of the Fund at the end of the fiscal year shall be carried forward in the Fund and shall not revert to the General Fund. (Added 2017, No. 168 (Adj. Sess.), § 5, eff. May 22, 2018.)