32 V.S.A. § 703 — Unexpended appropriations

The unexpended and unencumbered balances of any sums appropriated by the General Assembly
shall, at the end of the fiscal year, unless otherwise specifically provided, revert
to the appropriate fund balance. Refunds of expenditures and reimbursements shall
be credited to the appropriate fund and to appropriation accounts in the current fiscal
year. (Amended 1983, No. 253 (Adj. Sess.), § 249; 1997, No. 66 (Adj. Sess.), § 66, eff. Feb. 20, 1998; 2007, No. 192 (Adj. Sess.), § 6.011.)