Bill > H0951

This bill, titled "An act relating to making appropriations for the support of the government," proposes to allocate funds for the state's operations for fiscal year 2027, with some provisions also impacting fiscal year 2026 and beyond. Key changes include appropriating $2,865,000 to the Agency of Education for education transformation initiatives, with a significant portion designated for transition grants to school districts and cooperative educational service areas to support their move to new governance and administrative models, contingent upon the enactment of new school district boundaries. The bill also modifies how federal revenue reductions are handled, allowing the Secretary of Administration more flexibility in implementing spending reductions under certain thresholds, and adjusts the calculation of appropriation reductions based on baseline federal funding. Furthermore, it amends provisions related to the Secretary of State Services Fund, property transfer tax allocations, and various fund transfers between different state funds, including significant transfers from the General Fund to support debt service, capital investments, and the Education Fund. The bill also authorizes the establishment of new permanent positions within various state agencies, including the Office of the State Treasurer, the Vermont Pension Investment Commission, the Vermont Labor Relations Board, and the Office of the Secretary of State, and converts several limited-service positions to permanent status. It also updates salary schedules for elected officials, judges, sheriffs, and state's attorneys, and fully funds collective bargaining agreements for state employees for fiscal years 2027 and 2028, with corresponding adjustments for exempt employees. Finally, the bill includes provisions for the administration of the Vermont Higher Education Endowment Trust Fund, updates the management of the Lands and Facilities Trust Fund, and modifies the funding and administration of school-based Medicaid services, including the creation of a new School-Based Medicaid Reimbursement Fund.

Budget and Finance

Appropriations (House)

https://legislature.vermont.gov/bill/status/2026/H.951