rainy day funds

VPR News

Vermont Looks To Strengthen Its Credit Rating

By Bob Kinzel | August 16, 2011

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.

VPR News

Senate Says ‘No’ To Using Rainy Day Funds

By Bob Kinzel | April 27, 2010

The Senate has defeated a plan to tap into the state’s Rainy Day Funds to avoid making more cuts in the state budget for next year. But the debate will likely to continue for the rest of the session.

VPR News

Some Lawmakers, Policy Analysts Want To Tap Rainy Day Funds

By Bob Kinzel | January 18, 2010

Governor Jim Douglas will deliver his final budget address to the Legislature Tuesday afternoon. All the talk of budget cuts has prompted some lawmakers and policy advocates to say they’d rather tap into the state’s rainy day funds instead.