The state of Vermont's financial picture may begin to clarify by the end of the week.
On Wednesday, the Emergency Board — a panel made up of the four legislative money committee chairs and Governor Peter Shumlin, is to hear a report from two economists on their forecasts for how much money the state is likely to take in during the coming year.
The Vermont House Appropriations Committee began hearings this week a mid-year budget adjustment.
Although the full Vermont Legislature does not convene until next week, the House Appropriations committee is working on a bill that would make any necessary changes to the existing state budget. Committee Chair Martha Heath says because the session begins late this year, the House speaker felt she should begin hearings early.