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Learn about City of Burlington including our News & Press Releases, Projects, and Team.

Learn about City of Burlington including our News & Press Releases, Projects, and Team.

Population as of July 2022
44,595
FY24 General Fund Budget
$101,164,421
Total Debt Outstanding as of 6/30/22
$226,950,458

Description of the City

The City of Burlington, Vermont (the “City”) is the largest city in Vermont and located in northwestern Vermont on the eastern shore of Lake Champlain directly across from northern New York State. The City is the commercial center of Chittenden County and encompasses 16 square miles. The City is 90 miles south of Montreal, Quebec, 220 miles northwest of Boston, Massachusetts, and 300 miles north of New York, New York.

Highways serving Burlington include State Highways 2 and 7 and Interstates U.S. 89 and 189. The Lake Champlain Transportation Company operates ferries on Lake Champlain between Vermont and New York.

The Burlington International Airport serves over 1.2 million passengers per year and accommodates non-stop air service to all three New York City metropolitan area airports, Philadelphia, both Washington D.C. airports, Chicago, Atlanta, Charlotte, NC, Detroit, and seasonally to Orlando/Sanford, Florida. Passengers can reach nearly any destination world-wide with just one connection from Burlington.

Bus service is provided by Greyhound Lines, Megabus, and Vermont Trans Lines (operated by Vermont Agency of Transportation). Freight service is provided by the Vermont Railway Corporation and Rail America. Green Mountain Transit, which represents Burlington, Essex, South Burlington, Shelburne, Williston, Winooski, Milton, Hinesburg and a portion of Colchester provides local bus service. Express routes serve Montpelier, Middlebury, and St. Albans commuters. The Amtrak Ethan Allen Express train recently extended its passenger rail service from Burlington to New York City. 

Form of Government

Burlington was incorporated as a City in 1865. On November 7, 2000, voters approved amendments to the City Charter which provided for direct Mayoral appointment of department heads with City Council confirmation, clarified the Mayor’s authority as the City’s Chief Executive Officer, established the position of Chief Administrative Officer, and provided that City commissions would become advisory except when authority was re-delegated by the City Council. 

About the Burlington Community

Located between the highest section of the Green Mountains and the widest part of Lake Champlain, the City of Burlington enjoys superb scenery and outstanding year-round recreational opportunities.

Cultural activities abound and are encouraged by the participation of businesses, educational institutions, and government. Several theaters for the performing arts, theater troupes, museums, fairs, and festivals fill the City’s cultural calendar, while Burlington City Arts, a City Department, provides a well-known gallery for the display of contemporary art, as well as events including music, film, and performance.

The University of Vermont Medical Center is the state’s academic medical center and serves approximately one million people in Vermont and New York. UVM Medical Center includes three founding organizations – Medical Center Hospital of Vermont, Fanny Allen Hospital, and University Health Center – and the UVM College of Medicine. The Vermont Regional Cancer Center and the Vermont-New Hampshire Regional Red Cross Blood Center are also located in Greater Burlington.

Burlington is also known throughout the state and the nation for its innovative and entrepreneurial spirit. The City of Burlington was the first city in the country to use 100% renewable energy for the electricity needs of its residents. The Burlington International Airport is leading the industry with its continued amenity upgrades, such as the Mamava nursing mothers’ pod, green roof (including solar panels and a garden), as well as free wifi and convenient access. Meanwhile a range of notable companies, from Seventh Generation to Dealer.com to Burton, are proud to call Burlington home.

Burlington is regularly recognized in nationally published periodicals as one of the best places to live. The City’s location, economic climate, and abundance of community resources contributed to its award as the most livable city in America for cities of less than 100,000 people by the U.S. Conference of Mayors in 1989. Since then, the City has enjoyed numerous awards from national publications recognizing the City for its beauty, sustainability, and livability.

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General Obligation Bonds

The City issues general obligation bonds to provide resources for the acquisition and construction of major capital facilities and to refund prior bond issues. General obligation bonds have been issued for both governmental and proprietary activities. Bonds are reported in governmental activities if the debt is expected to be repaid from governmental fund revenues and in business-type activities if the debt is expected to be repaid from proprietary fund revenues.

Airport Revenue Bonds

The City accounts for the financial operations of the Airport using an enterprise fund approach. On an annual basis, the Airport has historically generated Revenues sufficient to pay its Operating Expenses, to meet its Bond Debt Service and to fund a portion of its capital expenses. In fiscal years 2017 through 2021 the Airport satisfied its Rate Covenant under the Resolution. The Rate Covenant requires the Airport to generate annual Revenues, net of Operating Expenses, of no less than 1.25 times Debt Service, and sufficient to meet all funding requirements for the Funds and Accounts under the Resolution. The City has paid all Bond Debt Service and capital lease obligations timely and in full when due.

The Airport derives its Revenues from a variety of sources, including terminal revenues, parking, landing fees, car rentals, concessions and rentals of buildings and grounds. It has also applied for and been granted permission by the FAA to charge and collect PFCs for qualified capital expenditures and certain debt service. The following table shows each of these revenue items from fiscal years 2017 through 2021 and for the six-month periods ending in December of fiscal years 2021 and 2022.

Electric System Revenue Bonds

The Burlington Electric Department (the “Department” or “BED”) is a municipally-owned electric system that was created in 1905 to serve the municipality in response to an effort by the City officials to reduce electric power costs for residences and street lighting. As of June 30, 2021 the Department served an average of 21,473 customers per year. The Department’s offices are located at 585 Pine Street, Burlington, Vermont 05401-4891.

Water System Revenue Bonds

On July 1, 1985, the City Council approved creation of a Public Works Department (the "Department") containing a water division (the "Water Division"), which assumed the former responsibilities of the City's Water Resources Department in January, 1988. Since that time, the Department has had responsibility for the City's water treatment and distribution functions (the "System" or the “Water System”), subject to the orders and ordinances of the City Council.

The Public Works Department is governed by a commission entitled the Board of Public Works Commissioners (the "Commission"), which consists of seven members appointed by the City Council with Mayor presiding. Commissioners serve three-year staggered terms. Commissioners must maintain residence within the City during their terms. A Chair is elected annually. The Commission is responsible for appointing a Director of Public Works who functions as the Chief Executive Officer of the Department.

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