Vermont Emergency Board

Vermont Emergency Board Economists' Consensus Revenue Forecasts

The Vermont Emergency Board (E-Board), established under 32 V.S.A. §131, is composed of the Governor and the Chairpersons of the Legislature’s four (4) “money committees” (Senate Appropriations, Senate Finance, House Appropriations, and House Ways & Means Committees). The State’s Emergency Board officially adopts revenue forecasts for certain major funds in January and July of each year, in accordance with 32 V.S.A. §305(a), or in the interim, as necessary. These revenue forecasts include projected receipts for the General Fund, the non-dedicated components of the Transportation Fund, and the non-property tax components of the Education Fund.  The forecast is based on the joint recommendations, as reported to the E-Board, by the State's two economists - one each representing the Administration and the Legislature.  This forecasted revenue is referred to as Consensus Revenue Forecast or the Current Law Revenue.  

Vermont Emergency Board Meeting Notices & Minutes

The State’s Emergency Board officially adopts revenue forecasts for certain major funds in January and July of each year, in accordance with 32 V.S.A. §305(a), or in the interim, as necessary.