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Investor Presentaiton

SFY 2025 Budget Targets: Filling the $4 Million Gap in Capital Bill Dollars • The State of Vermont relies on a long-term annual commitment from the Capital Bill Clean Water section of roughly $10-12 million. . 10 V.S.A. § 1387, "(3) To ensure success in implementing the Clean Water Initiative, the State should commit to funding the Clean Water Initiative in a manner that ensures the maintenance of effort and that provides an annual appropriation for clean water programs in a range of $50 million to $60 million as adjusted for inflation over the duration of the Initiative." • The Clean Water section of the Capital Bill allocated $6 million in SFY 2025 for recommendation by the Clean Water Board. • Filled the $4 million base Capital Bill gap from the Clean Water Fund unallocated/unreserved revenue balance. • • Acknowledges anticipated infrastructure pressures on the Capital Bill due to the Summer 2023 flood events. Protects the integrity of the State of Vermont's long-term commitment by viewing this as a one-time emergency allocation. • Focused Clean Water Fund unallocated/unreserved one-time funds towards Tiers 1 and 2 line items.
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