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Investor Presentaiton

Clean Water Board State Fiscal Year 2025 Clean Water Budget Overview Introduction and Background Vermont waterways nurture ecosystem wellbeing, supply safe drinking water, strengthen tourism, buoy property values, and provide recreational opportunities like fishing, swimming, and boating. For the benefit of current and future generations of Vermont's people and wildlife, the state has made a long-term commitment to the Clean Water Initiative to provide the mechanisms, staffing, and financing necessary so that our waterways achieve and maintain compliance with the Vermont Water Quality Standards.1 To this end, the Clean Water Board recommends the annual Clean Water Budget, which provides funding to help municipalities, farmers, and others implement projects that will restore, enhance, and protect Vermont's water quality, including addressing priority sources of nutrient and sediment pollution. Vermont's Clean Water Board invites the public to weigh in, annually, on how they would like to see clean water funding used to restore, enhance, and protect Vermont's water quality. The State Fiscal Year (SFY) 2025 Clean Water Budget timeline is summarized in the figure to the right. Visit the Clean Water Board webpage for more information on how to participate at: https://dec.vermont.gov/water- investment/cwi/board/. OCT 2, 2023* Board approves draft Fiscal Year 2025 Clean Water Budget OCT 20-NOV 20, 2023 Public comment period DEC 5, 2023* Board finalizes Fiscal Year 2024 Clean Water Budget considering public comment JAN-APR 2024 Legislative review and testimony on Fiscal Year 2025 Clean Water Budget recommendations *Clean Water Board Meeting $ STATE FISCAL YEAR (SFY) 2025 BUDGET PROCESS NOV 2, 2023* Board invites public to comment on draft SFY 2025 budget at public hearing JAN 2024 Governor proposes Fiscal Year 2025 Clean Water Budget to the Legislature Figure 1. SFY 2025 Clean Water Budget process timeline, October 2023 through April 2024. Figure 1 Description: Board approves draft budget at its October 2, 2023 meeting. Public comment period runs October 20 through November 20, 2023. Board invites public comment at public hearing on November 2, 2023. Board reviews public comment and finalizes recommendations at its December 5, 2023 meeting. Governor proposes budget to the Legislature in January 2024. Legislature reviews draft budget January through April 2024. Clean Water Budget Overview Document + 10 V.S.A § 1387: https://legislature.vermont.gov/statutes/section/10/047/01387. Clean Water Board Proposed SFY 2025 Clean Water Budget Overview Page 1 VERMONT
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