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VLCT urges municipal finance changes and targeted investments to help small towns recover from repeated floods
Summary
The Vermont League of Cities and Towns asked the committee to adopt three statutory municipal finance changes—permission to hold unassigned fund balances, extended emergency borrowing terms, and optional level debt service structures—and urged continued state support for buyouts and municipal relocation of threatened public facilities.
Samantha Sheehan, municipal policy and advocacy specialist for the Vermont League of Cities and Towns (VLCT), told the committee VLCT supports legislative work on flood resiliency and urged three specific statutory changes so small, low-resource towns can better respond to repeated flood emergencies.
Sheehan said VLCT staff had reviewed both H 397 (the sponsor's bill described earlier) and H 232 and emphasized two recurring themes: small municipalities lack capacity to meet competitive grant and local match requirements, and repeated events concentrate catastrophic costs in a small number of towns. She provided the committee with…
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