Legislative Report 5 -- 2008 Report to the General Assembly

State of Vermont
Agency of Administration
Department of Buildings & General Services

Report to the 2008 General Assembly

 

Legislative Report 5

Title: Notice of Transfer During Fiscal Year Capital Construction Act

 

TRANSFER OF UNEXPENDED BOND BALANCES

FOR MAJOR MAINTENANCE

 In accordance with Section 24 (b)(3) of Act 29 of the 1999 and 29VSA Section 152 (23), it is reported that no money was transferred and expended from unspent balances of funds appropriated for previous capital construction projects for use for major maintenance within the Capital Complex in Montpelier during FY 2007.

No such transfers have taken place for six (6) years or more.

There are no balances from BGS projects completed for two or more years.