The bill enacted by the General Assembly of the State of Vermont appropriates a total of $111,965,288.44 for various state projects over the fiscal years 2026 and 2027, with a maximum of $61,969,761.44 allocated in the first year. It details funding for state buildings, human services, commerce, clean water initiatives, and military projects, among others. The bill emphasizes the necessity of notifying relevant committees before canceling any projects and allows for the transfer of unexpended project balances between appropriations. It also mandates consultation with the State Treasurer to ensure that funded projects are capital eligible, reflecting a commitment to enhancing state facilities and services.

Additionally, the bill includes specific appropriations such as $2,616,171 for the Military Department, $5,000,000 for renovations at Vermont State University, and $5,075,910 for courthouse renovations. It authorizes the issuance of general obligation bonds by the State Treasurer to fund these projects and allows for the transfer of the Randall Meadow property to the Town of Waterbury under certain conditions. The bill amends existing laws related to capital budgeting, extending the encumbrance period for funds from two to three years and requiring a report from the Joint Fiscal Office on the Cash Fund for Capital and Essential Investments by December 15, 2025. Overall, the bill aims to improve infrastructure and services across multiple state departments while ensuring accountability and effective use of funds.

Statutes affected:
As Introduced: 32-701a, 32-310, 32-1001b
As Passed By the House -- Official: 32-701a, 32-310, 32-1001b
As Passed By the House -- Unofficial: 32-701a, 32-310, 32-1001b
As Passed by Both House and Senate -- Official: 32-701a, 32-310, 32-1001b
As Passed by Both House and Senate -- Unofficial: 32-701a, 32-310, 32-1001b
As Enacted: 32-701a, 32-310, 32-1001b