The bill H.902 pertains to the approval of amendments to the charter of the City of Barre, which were approved by the voters on May 13, 2025. The General Assembly formally approves these amendments as outlined in the act. Notably, the amendments include changes to the procedures for the sale or lease of city property, allowing the City Council to authorize such actions to be signed by the Mayor, the City Manager, or any councilor authorized by the City Council.

Additionally, the bill modifies the provisions regarding the payment of taxes. It allows for the retention of unexpended funds from the City budget as an undesignated fund balance for future use, contingent upon City Council approval. The limit for retained funds has been increased from five percent to ten percent of the City’s general fund budget expenses for the most recent voter-approved fiscal year. Any excess funds must be utilized to reduce the tax rate in the subsequent budget. The act is set to take effect upon passage.