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Rutland planners flag grant carryover, fund-balance expectations ahead of budget season
Summary
Committee members discussed fund-balance policy, concerns about unspent grant carryover at other regional planning commissions, and potential impacts on next fiscal year’s budget.
The Executive Finance Committee heard an update Monday on the commission’s fiscal position and concerns about grant carryover among regional planning commissions in Vermont. The executive director said the commission expects to end the fiscal year in the black and is working through closeout tasks. She noted uncertainty over how a recently passed bill will affect budgets in October and raised specific questions about FEMA-funded emergency management and long-term recovery…
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