Emergency Board

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Economists for Vermont's governor and Legislature say businesses are expanding, but they're faced with increasing expenditures, resulting in less corporate tax revenue for the state.

WAMC

The still sluggish economic recovery will mean Vermont will collect about $20 million less in revenue for three key state budget funds than had earlier been anticipated.

That was the word from consulting economists Jeff Carr and Tom Kavet, who met with a special state panel that reviews the state's finances twice a year.