State Budget

The “Budget” is a collection of appropriations, passed by the Legislature and subsequently enacted into law.  There are several types of State Budgets: the Operating Budget – appropriations to cover the cost of running State government and programs; Capital Construction Budget – major construction and maintenance of State buildings and infrastructure; Transportation Capital Act – the prioritization of projects associated with building and maintaining transportation infrastructure; and the Fee Bill - new state fees  (not taxes).  Appropriations provide the spending authority for a specific fiscal year for units of State government, and from various State and Federal funding sources.  Learn more about the budget development process.

Although Vermont does not have a balanced budget statute, units of government cannot spend in excess of their authorized amounts, nor are they allowed to spend funds they do not have, even if appropriated.  The Budget is categorized by functional areas of State government operations: General Government; Protection for Persons and Property; Human Services; Labor; General Education; Higher Education; Natural Resources; Commerce and Community Development; Transportation; Debt Service, and Other.  Each functional category is then further segregated by department, individual line item, and fund.

Performance Based Budget

Visit the Performance Accountability page to learn more about the State's roll-out of Population and Performance Accountability.  

 

Contact Information

The Department of Finance and Management

We welcome your comments, questions and concerns. Please include your full name, organization and mailing address or contact information so that we may properly respond, thank you.

Commissioner Andy Pallito
109 State Street
Montpelier, VT 05609-0401

Contact Us

Disclaimer: The information contained on this website is not intended to be legal advice, nor is it designed or intended to be relied upon as authoritative financial, investment, or professional advice. No entity affiliated with, employed by, or constituting part of the State of Vermont warrants, endorses, assures the accuracy of, or accepts liability for the content of any information on this site or of the information contained on websites to which links are provided.