Vermont Statutes Title 3 Sec. 118
Terms Used In Vermont Statutes Title 3 Sec. 118
- 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
- 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
§ 118. Collection and disposition of revenue
(a) There is hereby created a Secretary of State Services Fund. The Fund shall be used to provide appropriations for the operations of the Office of the Secretary of State, with the exception of those operations provided for in chapter 5, subchapter 3 of this title. The Fund shall be administered as a special fund pursuant to 32 Vt. Stat. Ann. chapter 7, subchapter 5. At the end of each fiscal year, the unobligated balance in this Fund shall be transferred to the General Fund.
(b) All revenues collected by the Secretary of State shall be deposited into the Secretary of State Services Fund except for the following revenues:
(1) any revenues collected by the Office of Professional Regulation set forth in chapter 5, subchapter 3 of this title; and
(2) any revenues collected pursuant to subsection 117(k) of this title. (Added 2013, No. 1, § 78.)