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AOT outlines $7.5M rescission plan; 31 positions cut and $360,050 pilot-fund backfill sought
Summary
Agency of Transportation finance staff told the House Appropriations Committee a $7.5 million forecast downgrade required a rescission plan that delays projects, reduces contracted services and eliminates 31 positions (net five separations); AOT also requests a $360,050 backfill to honor town grant invoices.
Candace Umquist, chief financial officer for the Vermont Agency of Transportation, told the House Appropriations Committee on Jan. 8 that a $7.5 million downgrade in the July forecast triggered a statutory rescission and detailed line-item reductions and personnel changes the agency submitted to the joint fiscal committee.
Umquist described a modest budget adjustment to backfill the pilot special fund: AOT had a FY2026 appropriation of $1,400,000 for pilot special funds but $1,100,000 was insufficient to cover prior grant agreements with towns. The agency requested excess spending authority from the administration and now proposes transferring $360,050 from general and transportation funds to backfill the pilot fund so towns with…
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