Vermont Statutes Title 29 Sec. 160a
Terms Used In Vermont Statutes Title 29 Sec. 160a
- Fees: shall mean earnings due for official services, aside from salaries or per diem compensation. See
- 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.
- following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- real estate: shall include lands, tenements, and hereditaments and all rights thereto and interests therein, and pews or slips in places of public worship shall be treated as real estate. See
- said: when used by way of reference to a person or thing shall apply to the same person or thing last mentioned. See
- State: when applied to the different parts of the United States may apply to the District of Columbia and any territory and the Commonwealth of Puerto Rico. See
§ 160a. Facilities Operations Internal Service Fund
(a) There is created a Facilities Operations Internal Service Fund in the Department of Buildings and General Services. The purpose of this Fund is to provide for:
(1) operating expenses for buildings, support facilities, and grounds;
(2) maintenance expenditures on buildings, support facilities, and grounds;
(3) major maintenance and renovation projects for buildings and support facilities;
(4) relocation expenses for State agencies;
(5) purchase of options for real estate acquisitions;
(6) payments to build or acquire buildings or support facilities as approved by the Legislature; and
(7) debt service payments on general obligation bonds authorized to build or acquire buildings and support facilities.
(b) The Fund shall consist of:
(1) Monies that are appropriated to the Fund or that are paid to it under authorization of the Emergency Board.
(2) The proceeds of rental income received by the Department of Buildings and General Services from the leasing of buildings and property under its supervision.
(3) Fees paid by departments and agencies including the Legislative and Judicial Branches. The rate of said fees shall be proposed by the Commissioner of Buildings and General Services subject to the approval of the Secretary of Administration. Proposed rates shall be based upon the cost of operations, debt service, and depreciation.
(4) Revenue derived from the sale of properties.
(5) Monies recovered from tenants for discretionary expenditures for services beyond the normal standards of facilities services.
(6) Monies recovered as a result of litigation relating to facilities operations, construction, or renovations.
(7) Funds received from the maintenance or operation of condominium facilities, including properties owned by nongovernmental persons or entities, in condominium facilities in which the State has an ownership interest.
(c) All balances remaining at the end of a fiscal year shall be carried over to the following year. (Added 1999, No. 152 (Adj. Sess.), § 270; amended 2001, No. 61, § 29; 2001, No. 142 (Adj. Sess.), § 310, eff. June 16, 2002; 2011, No. 63, § E.121.)