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$8.3 Billion Budget Approved
The final bill to pass this session was the $8.3 billion budget, which provides the funding for general government spending and the major policy bills this session. It invested in broadband buildout, childcare providers, and water and wastewater infrastructure to provide communities with the resources they need to attract new workers and families. It provided $50 million for the Vermont Housing Conservation Board, a $20 million investment in the missing middle home ownership development program and manufactured housing, and $20 million for the Vermont Housing Improvement Program to update rental housing units. The budget also allocated a total of $137.8 million in community, workforce, and economic development programs, many of which the Vermont Chamber fought for this session. The budget also included $185 million in energy focused initiatives including weatherization, energy efficiency grants for towns and electrification initiatives. For more budget details, listen to this VPR report.
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