LETTER: End the Cycle of One-Time Funds
Good Evening Chair Kornheiser and Members of the House Ways & Means Committee,
Thank you for your work in the yield bill (H.949) to try to get Vermont out of the cycle of using one-time funds to buy down property taxes.
As you know, the use of these funds creates funding cliffs in the following years that require further expenditure of one-time funds to fill and undermines the trust of taxpayers who see predictions of massive tax increases unless something is done… eventually there will be no one-time monies available and these predictions will come true. This is a cruel game of musical chairs.



