State colleges will need $30 million to operate next year - VT Digger

Deficits of up to $46 million are staring Vermont state colleges - and legislators - in the face. Where will the money come from? No-one knows.

“We do know that we need to transform ourselves. And that’s really what we’re looking for with this bridge funding – to do the work that needs to be done,” she said. Vermont received $1.25 billion in aid from Congress to help with Covid-19 expenses. But while the sum the state ultimately gets from the CARES Act is unprecedented, it has also come with a host of limitations on its use. House Speaker Mitzi Johnson, D-South Hero, on Tuesday reiterated her hope that the federal government would either allow states more flexibility or send in additional relief aid.."



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