VTDEC Budget Overview definition
VTDEC Budget Overview. VTDEC’s project operating budget for state fiscal year 2017 (SFY2017) is $76.7 million dollars and is comprised of the following revenue sources: $8 million state general fund; $29.7 million special funds (including fees), $32 million federal funds, $7 million interdepartmental funds. The SFY2017 budget increased from $52 million in SFY2016 to $76.7 million in SFY2017 in large part because the State of Vermont now legislatively appropriate the spending authority for the Clean Water and Drinking Water State Revolving Loan Programs in the VTDEC annual operating base budget. This change in practice stemmed from a VTDEC business process improvement effort which resulted in more efficient and transparent administrative processing as well as more timely availability of future project funds.