In the 9 years that I have served as the Finance Director, the City faced many financial challenges that came with ever-increasing operating and infrastructure costs, unfunded state and federal regulations, and the extremes of Vermont’s weather. The combination of limited economic/grand list growth and our relatively high property tax rates provide significant pressure to minimize increases in municipal spending. The budget for the 2016 fiscal year continues to reflect our constant efforts to limit increases in the municipal tax rate and at the same time follow the multi-year plan to fund infrastructure and capital needs based on the “Steady State” plan adopted by the City Council.
Our city staff actively pursues state and federal grants to help pay for a flood mitigation study, a multi-modal transit center, an expanded bike path, equipment replacement, infra-structure improvements and community justice programs. In FY14, the City expended more than $8.7 million in grant funds from 20 grants awarded from the federal and state programs. Of these grant funds, $6 million were for the Montpelier District Heat project.
Our office is located in City Hall and is open Monday-Friday from 8 a.m. to 4:30 p.m.. We welcome city residents’ questions, comments and concerns. If I can be of service, do not hesitate to call me at the office 802-262-6253 or send an email.