Vermont Business Magazine In light of the substantial and ongoing impact of the COVID-19 pandemic on global financial conditions, the University of Vermont Board of Trustees today approved a three-month budget continuation past the June 30, 2020, conclusion of the current fiscal year. In September, the administration will present a budget for the remaining nine months of the 2021 fiscal year, when anticipated income and expenses for the next fiscal year become clearer. The Board also directed the University to examine major operating costs including ongoing capital construction projects.
https://vermontbiz.com/news/2020/april/06/uvm-board-approves-three-month-postponement-new-budget