Vermont § 305a - Official State revenue estimate

Full text of Vermont Vermont Statutes Online § 305a — Official State revenue estimate, with citation guidance and answers to common questions.

§ 305a. Official State revenue estimate

  • (a) On or about January 15 and again by July 31 of each year, and at such other times
    as the Emergency Board or the Governor deems proper, the Joint Fiscal Office and the
    Secretary of Administration shall provide to the Emergency Board their respective
    estimates of State revenues in the General, Transportation, Transportation Infrastructure
    Bond, and Education Funds. The January revenue estimate shall be for the current and
    next two succeeding fiscal years, and the July revenue estimate shall be for the current
    and immediately succeeding fiscal years. Federal fund estimates shall be provided
    at the same times for the current fiscal year. (b) Within 10 days of receipt of such estimates, the Board shall determine an official
    State revenue estimate for deposit in the respective funds for the years covered by
    the estimates. For the purpose of revising an official revenue estimate only, a majority
    of the legislative members of the Emergency Board may convene a meeting of the Board. (c)(1)(A) The January estimates shall include estimated caseloads and estimated per-member per-month
    expenditures for the current and next succeeding fiscal years for each Medicaid enrollment
    group as defined by the Agency and the Joint Fiscal Office for State Health Care Assistance
    Programs or premium assistance programs supported by the Global Commitment Fund and
    for the programs under any Medicaid Section 1115 waiver. (B) For Board consideration, there shall be provided three versions of the next succeeding
    fiscal year’s estimated per-member per-month expenditures: (i) one version shall include inflation trends as set forth in subdivision 307(d)(5) of this title; (ii) one version shall be without the inflationary adjustment; and (iii) one version shall reflect any additional increase or decrease to Medicaid provider
    reimbursements that would be necessary to attain Medicare levels as set forth in subdivision 307(d)(6) of this title. (C) For VPharm, the January estimates shall include estimated caseloads and estimated
    per-member per-month expenditures for the current and next succeeding fiscal years
    by income category. (D) The January estimates shall include the expenditures for the current and next succeeding
    fiscal years for the Medicare Part D phased-down State contribution payment and for
    the disproportionate share hospital payments. (2) In July, the Administration and the Joint Fiscal Office shall make a report to the
    Emergency Board on the most recently ended fiscal year for all Medicaid and Medicaid-related
    programs, including caseload and expenditure information for each Medicaid eligibility
    group. Based on this report, the Emergency Board may adopt revised estimates for the
    current fiscal year and estimates for the next succeeding fiscal year. The provisions
    of 2 V.S.A. § 20(d) (expiration of required reports) shall not apply to the report to be made under this
    subsection. (Added 1995, No. 178 (Adj. Sess.), § 282; amended 1997, No. 60, § 19, eff. July 1, 1998; 2001, No. 142 (Adj. Sess.), § 148c; 2005, No. 6, § 87, eff. March 26, 2005; 2005, No. 191 (Adj. Sess.), § 46; 2005, No. 215 (Adj. Sess.), § 315; 2007, No. 65, § 268; 2007, No. 192 (Adj. Sess.), § 6.010; 2009, No. 4, § 93, eff. April 29, 2009; 2009, No. 67 (Adj. Sess.), § 106, eff. February 25, 2010; 2011, No. 3, § 88, eff. Feb. 17, 2011; 2011, No. 75 (Adj. Sess.), § 108; 2013, No. 50, §§ E.106, E.306; 2017, No. 154 (Adj. Sess.), § 31, eff. May 21, 2018; 2017, No. 167 (Adj. Sess.), § 15, eff. May 22, 2018; 2019, No. 6, § 69, eff. April 22, 2019.)

Source: official Vermont text · Last verified 2026-08-27

Frequently Asked Questions About Vermont § 305a

What does Vermont Statutes Online § 305a cover?

Section 305a ("Official State revenue estimate") is part of the Vermont Statutes Online, the codified statutory law of Vermont. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Vermont § 305a?

A common citation format is "Vermont Statutes Online § 305a" (Vermont). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Vermont law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Vermont official source linked on this page or consult a licensed Vermont attorney.

How does Vermont § 305a apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Vermont can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Vermont.