Voters in Vermont’s largest city will decide on Tuesday whether to
support a $9 million fiscal stability bond. Burlington Mayor
Miro Weinberger has proposed the ballot item to essentially refinance the
city’s debt, but the new mayor is seeing some new opposition from a
conservative super PAC.
State
Treasurer Beth Pearce says Vermont
could strengthen its Triple A rating on Wall Street if lawmakers support
expanding the state’s Rainy Day Budget fund next year. The fund has a cash
reserve that equals 5 percent of the entire state budget, or roughly $65
million.