Vermont H0902 approves amendments to the City of Barre charter to authorize property sales and adjust fund balance rules.

Vermont H0902 approves amendments to the City of Barre charter to authorize the City Manager or any councilor duly authorized by the City Council to sell City property. It also modifies the City's undesignated fund balance rules, limiting retained funds to 10 percent of the City general fund budget expenses for the most recent voter-approved fiscal year. Any excess must be used to reduce the tax rate in the subsequent budget. The amendments were approved by City voters on May 13, 2025, and take effect upon passage.

Vermont H0902 approves amendments to the City of Barre charter to authorize property sales and adjust fund balance rules.

Vermont H0902 approves amendments to the City of Barre charter to authorize the City Manager or any councilor duly authorized by the City Council to sell City property. It also modifies the City's undesignated fund balance rules, limiting retained funds to 10 percent of the City general fund budget expenses for the most recent voter-approved fiscal year. Any excess must be used to reduce the tax rate in the subsequent budget. The amendments were approved by City voters on May 13, 2025, and take effect upon passage.