The longtime public servant was known for his unparalleled knowledge of state finance and his ability to break down a room over his ‘gut-busting’ stories.
Reardon has been a key leader in the state’s financial management and has served under five governors. Jenn Hollar, the commissioner of the Department of Housing and Community Development, is also leaving the Shumlin administration.
Expect to see some drastic changes to the budget next month. The elimination of an entire program, for example. Or the reconfiguration of the state workers contract. Or a reduction in Medicaid spending. It’s possible the governor and the Legislature will consider a combination of all three.
The Shumlin administration has decided to avoid a confrontation with lawmakers over its authority to make additional budget cuts without gaining legislative approval. The cuts will instead be proposed through the budget adjustment process in January.
State agencies were directed Wednesday to find $17 million in savings during the current fiscal year, on top of $31 million in earlier cuts. Legislators challenge administration’s authority to do so.
The state Veterans’ Home in Bennington has too many empty beds and too many staff, and its state appropriation is under scrutiny. Next week, state officials will unveil new plans to keep the Veterans’ Home viable.
Sarah Clark, deputy commissioner of the Vermont Department of Finance and Management, will take over as chief financial officer at the Agency of Human Services in 2015. Clark, who’s been in her current post for one year, will replace retiring CFO Jim Giffin. Her term at Finance and Management, where Clark reports to commissioner Jim […]
State holds first of two public hearing on proposed cuts in the FY 2016 budget. Social services up next on Oct. 28.
The Libertarian gubernatorial candidate says Governor Shumlin is a “spending addict,” but that he can’t propose spending cuts until he gets his hands on more budget data. He has submitted a public records request for additional information on the budget.
August revenue falls short of projections, which could lead to further budget cuts this year and big budget challenges next year.
Legislative committee digs on its heels in taking more from the governor’s discretionary economic development fund but otherwise accepts most of the proposed reductions in FY15 spending.
Vermont Attorney General Bill Sorrell on Friday responded to a federal lawsuit by a group of food manufacturers against a state law requiring the labeling of certain products containing genetically modified ingredients.
State agencies have submitted plans to cut 4 percent from their previously approved budgets to offset an anticipated $31 million shortfall in estimated revenue. Not all of the agencies will see a 4 percent cut.
State economists outlined several factors behind Vermont’s slower than expected economic recovery. Some reflect trends beyond the state’s control, others highlight regional differences in Vermont’s economy, and a few remain a mystery.