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.