The bill approved by the General Assembly of the State of Vermont amends the charter of the City of Barre, following voter approval of the proposed amendments on May 13, 2025. Key changes include provisions for the sale or lease of city property, allowing the City Council to authorize such actions with signatures from the Mayor, City Manager, or an authorized councilor. Additionally, the bill modifies the regulations regarding the retention of unexpended funds from the City budget, increasing the limit from five percent to ten percent of the City general fund budget expenses for the most recent voter-approved fiscal year.

Furthermore, any unexpended funds retained must be approved by a vote of the City Council and are designated as an undesignated fund balance for future use. Any excess funds beyond the ten percent limit must be utilized in the subsequent budget to reduce the tax rate. The act is set to take effect upon passage, as indicated in the final section of the bill.