Vt. Stat. Ann. tit. 24APPENDIX, § 1008

The Town Manager, in the case of the Town, and the Superintendent, in the case of the School District, may at any time transfer an unencumbered appropriation, balance, or portion between general classifications or expenditures within an office, department, or agency. The Selectboard or School Board of Trustees may, by resolution, transfer any unencumbered appropriation balance or portion within their respected budgets. Notwithstanding the above, no unexpended balance in any appropriation not included in the Selectboard’s or the School Board of Trustees’ budget shall be transferred or used for any other purpose.