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Current as of January 01, 2024 | Updated by Findlaw Staff
The Department of Finance and Management is created in the Agency of Administration and is charged with all powers and duties assigned to it by law, including the following:
(1) To administer the financial transactions of the State, including payroll transactions, in accordance with the law and within the limits of appropriations made by the General Assembly.
(2) To conduct management studies and audits of the performance of State government.
(3) To prepare the Executive budget.
(4) To report on an annual basis to the Joint Fiscal Committee at its November meetings on the allocation of funds contained in the annual pay acts and the allocation of funds in the annual appropriations act that relate to those annual pay acts. The report shall include the formula for computing these funds, the basis for the formula, and the distribution of the different funding sources among State agencies. The report shall also be submitted to the members of the House and Senate Committees on Government Operations and on Appropriations. The provisions of 2 V.S.A. § 20(d) (expiration of required reports) shall not apply to the report to be made under this subdivision.
(5) Repealed by 2015, Adj. Sess., No. 172, § E.106, eff. June 8, 2016.
Cite this article: FindLaw.com - Vermont Statutes Title 3. Executive, § 2281. Department of Finance and Management - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-3-executive/vt-st-tit-3-sect-2281/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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