BURLINGTON, Vt. (WCAX) – Burlington residents will see a charter change for Burlington electric department on this year’s town meeting day ballot. If passed, it will raise Burlington electric’s line of credit from $5 million dollars to $10 million dollars. They are doing this because since establishing that line of credit back in 2007, their operating budget has increased 50 percent thanks in part to inflation. B.E.D. says extending the credit shouldn’t make rates go up. “It’s really there for working capital in case we need it. And for a very low cost to maintain the line and have it there if we need it. It provides benefits in terms of bolstering our credit rating, which keeps rates low by giving us access to capital at good interest rates.” said Emily Stebbins-Wheelock of Burlington Electric Department. B.E.D. says raising the line of credit shouldn’t make rates go up.