The bill H.902 proposes amendments to the charter of the City of Barre, specifically to enhance the authority of the City Manager and City Council regarding the sale of city property and the management of the city's undesignated fund balance. It allows the City Manager or any councilor authorized by the City Council to approve the sale or lease of city property, which is a shift from the previous requirement that only the Mayor could sign such transactions. Additionally, the bill modifies the provisions related to the retention of unexpended funds at the end of the fiscal year, increasing the limit on the undesignated fund balance from five percent to ten percent of the city’s general fund budget expenses for the most recent voter-approved fiscal year.

The bill also stipulates that any excess funds beyond the new ten percent limit must be utilized in the subsequent budget to reduce the tax rate. The amendments were approved by the voters of the City on May 13, 2025, and the act is set to take effect upon passage.