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Vermont Statutes Annotated — Title 32 (Taxation and Finance)

32 V.S.A. § 168

Single Audit Revolving Fund

Official textlegislature.vermont.gov

# (a)

# (1)

The Single Audit Revolving Fund is established within the State Treasury, to be administered by the Auditor of Accounts, from which payments may be made for the costs of audits performed pursuant to subdivisions 163(1), 163(2), and 5404a(l) of this title and 24 V.S.A. § 290b.

# (2)

All monies received from charges made for audit services under the provisions of subsection

# (b)

of this section and sums that may be appropriated to the Fund shall be deposited in the Fund.

(3) Any balance remaining in the Fund at the end of any fiscal year shall be carried forward and remain a part of the Fund.
(b)(1) The Auditor of Accounts shall charge the State department, agency, commission, instrumentality, political subdivision, or State-created authority audited for the direct and indirect costs of an audit performed pursuant to subdivisions 163(1), 163(2), and 5404a(l) of this title and 24 V.S.A. § 290b.

(2) Costs shall be determined by the Auditor of Accounts and costs associated with subdivisions
163(1) and (2) of this title shall be approved by the Secretary of Administration. (

Last amended: Added 1985, No. 122 (Adj. Sess.), § 2, eff. April 17, 1986; amended 2005, No. 215 (Adj. Sess.), § 288; 2019, No. 104 (Adj. Sess.), § 2; 2019, No. 154 (Adj. Sess.), § E.130, eff. Oct. 2, 2020; 2021, No. 74, § E.130.)

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In this chapter (33 sections)
  1. 3-101 · Communications to Governor and Assembly
  2. 3-102 · Embezzlements
  3. 3-103 · Account with successor
  4. 3-104 · Balance due retiring Treasurer
  5. 3-105 · Settlement upon death of Treasurer
  6. 3-106 · Penalty for refusal to settle
  7. 3-107 · Books and records delivered to successor
  8. 3-108 · Repealed. 1999, No. 71 (Adj. Sess.), § 1
  9. 3-109 · Solicitations and contributions prohibited
  10. 3-110 · Reports
  11. 3-111 · Financial Literacy Trust Fund
  12. 3-131 · Composition
  13. 3-132 · Chair and Secretary
  14. 3-133 · Duties
  15. 3-134 · Insurance Reserve Fund
  16. 3-135 · Use of Fund
  17. 3-136 · 3-136
  18. 3-161 · Oath
  19. 3-162 · Repealed. 1959, No. 328 (Adj. Sess.), §§ 17, 35(f)
  20. 3-163 · Duties of the Auditor of Accounts
  21. 3-164 · Certified copies
  22. 3-165 · Repealed. 1961, No. 40, § 2
  23. 3-166 · Payments to towns; returns by Commissioner of Finance and…
  24. 3-167 · Records to be available for audit
  25. 3-168 · Single Audit Revolving Fund
  26. 3-181 · Repealed. 1987, No. 243 (Adj. Sess.), § 52(1), eff. June 13,…
  27. 3-182 · Duties of Commissioner
  28. 3-183 · Financial and Human Resource Information Internal Service Fund
  29. 3-184 · 3-184
  30. 3-201 · Repealed. 1987, No. 243 (Adj. Sess.), § 55, eff. June 13, 1988
  31. 3-202 · Duties of Commissioner
  32. 3-203 · Repealed. 2009, No. 135 (Adj. Sess.), § 26(15)
  33. 3-215 · Repealed
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