Appropriations committee hears plan to zero out Liquor Control Fund deficit amid falling alcohol sales
The Vermont Senate Appropriations Committee reviewed a budget adjustment from the Department of Liquor and Lottery aimed at eliminating a multi-year deficit in the Liquor Control Fund, with officials citing lower alcohol consumption, 2023 flood-related store closures and COVID-era accounting as drivers.
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At a meeting of the Vermont Senate Appropriations Committee, Wendy Knight, commissioner of the Department of Liquor and Lottery, outlined a budget adjustment intended to zero out a deficit in the Liquor Control Fund and to change how future transfers to the general fund are calculated.
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