Vermont Senate gives preliminary approval to $7.1 billion budget
Modified: 5/1/2021 12:22:47 AM
MONTPELIER The Vermont Senate has given preliminary approval to a $7.1 billion budget for fiscal year 2022.
The Senate version that passed by unanimous voice vote on second reading Thursday is $191 million more than what the House passed and $374 million more than the budget proposed by Republican Gov. Phil Scott, the
Brattleboro Reformer reported.
Republican Gov. Phil Scott said Friday that he had a lot of concerns about the Senate’s proposal.
The spending plan proposes using $478 million in federal American Rescue Plan Act funds. The House had proposed using $650 million. The Senate version also fully funds the state’s annual pension obligation and post-employment benefits, and allocates $150 million to invest in the state’s unfunded pension liability, the newspaper reported.