Andrew Pallito

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Scott picks Rep. Adam Greshin as Finance commissioner

MONTPELIER — Rep. Adam Greshin, an independent from Warren, has been appointed by Republican Gov. Phil Scott as commissioner of the Department of Finance and Management. The 56-year-old Greshin was first elected to the Vermont House in 2009 where he has represented the towns of Warren, Waitsfield, Fayston, Moretown and Duxbury. He replaces Andrew Pallito, who departs Friday to become the director of health system finances for the Green Mountain Care Board, the state’s health care regulatory body. “Adam is a valuable addition to our administration and with his business and legislative experience, brings a wealth of knowledge and understanding of the needs of Vermonters, as well as the critical need for fiscal responsibility, to the position,” Scott said in a statement. “His experience on House Education and Health committees also give him important insight into the state’s largest expenditures as we look to make the best use of taxpayer dollars in those areas and beyond.”

The Department of Finance and management, and the commissioner, help the governor craft the state budget and track state financial information. Continue Reading →

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Finance commissioner to depart at end of fiscal year

MONTPELIER — Vermont Department of Finance and Management Commissioner Andrew Pallito is planning to leave his post at the end of the current fiscal year for a position with the Green Mountain Care Board. Rebecca Kelley, spokeswoman for Republican Gov. Phil Scott, confirmed Monday that Pallito is planning to work for the administration through the end of June before departing. “He is leaving but he is committed to seeing the budget process through. He will continue to work with us on that and will be with us through the end of the fiscal year,” Kelley said. “There should be no change in how we’re moving forward on the budget process.”

Pallito did not return phone and email messages Monday, but Susan Barrett, the board’s executive director, said Pallito has accepted a position to become the director of health system finances for the Green Mountain Care Board, the state’s health care regulatory body. Continue Reading →

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Shumlin administration won’t seek more funds in budget adjustment

MONTPELIER — Shumlin administration officials say they are hoping to avoid asking lawmakers for additional funds for the 2016 fiscal year in the annual budget adjustment and will instead ask for the authority to shuffle spending within state government. Finance Commissioner Andrew Pallito, who took over the post on Nov. 1, will update the Legislature’s Joint Fiscal Committee Friday on the administration’s budget adjustment progress and its plan to address a $35 to $40 million gap in the Medicaid program. Pallito said Thursday the administration will seek “spending authority manipulation across state government” to help close the Medicaid gap and address additional budget pressures in state government. “We’re going to zero it,” Pallito said. Continue Reading →

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