Who did Vermont pay the most in FY2025?
- Vermont's published data leaves out state payroll (no payroll), so these are payments in this dataset, not the whole state budget.
Top 10 by state spending in FY2025. Leading: Gainwell Technologies LLC ($2.15B); Vermont State Employees Retirement ($278.33M); Blue Cross and Blue Shield of Vermont ($243.17M).
| Payee | Spending | City |
|---|---|---|
| Gainwell Technologies LLC | $2.15B | Conway |
| Vermont State Employees Retirement | $278.33M | Montpelier |
| Blue Cross and Blue Shield of Vermont | $243.17M | Brattleboro |
| Vermont State Teachers Retirement | $203.39M | Montpelier |
| United States Treasury | $186.13M | Washington |
| Agency of Digital Services-CIT-Cust Supp | $116.02M | Montpelier |
| Express Scripts Inc | $103.89M | ST Louis |
| Centers for Medicare & Medicaid Services | $94.49M | Baltimore |
| University of Vermont | $84.27M | Burlington |
| Vermont State Colleges | $81.40M | Montpelier |
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How to read this
- Vermont state government payments (money paid out; source: Vermont Department of Finance and Management (Vermont Vendor Payments)), not federal obligations. They include federal grant money the state spends, so don't add them to federal totals.
- Vermont fiscal years run July to June (FY2026 started July 2025).
- Vermont publishes quarterly totals per payee (each quarter shows in its last month) and doesn't include state employee payroll.
- Payees only: payroll, summary lines and transfers between agencies are left out.