Revenue Forecast

North Country News
2:30 am
Tue January 22, 2013

Vermont Lawmakers to Get Revenue Forecast, Hear Budget

Vermont Statehouse

The state of Vermont's financial picture may begin to clarify by the end of the week.

On Wednesday, the Emergency Board — a panel made up of the four legislative money committee chairs and Governor Peter Shumlin, is to hear a report from two economists on their forecasts for how much money the state is likely to take in during the coming year.

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New England News
6:13 pm
Thu December 6, 2012

Mass. groups concerned with cuts to local aid

Amid the uncertainty of the fiscal cliff and declining state revenues, this week Massachusetts Governor Deval Patrick proposed a series of mid-year budget cuts to close a half-billion dollar gap in state funding. WAMC’s Berkshire Bureau Chief Lucas Willard spoke to some that are concerned about the cuts.

Governor Patrick used his authority to propose emergency cuts in the state’s budget to close a $540 million gap in funding. And many are hoping that some of the governor’s planned cuts can be avoided.

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5:30 pm
Fri July 20, 2012

Vermont Revenue Forecast Adjusted Lower

Vermont Statehouse

Vermont's twice-a-year revenue forecast is being revised downward, with a $10 million reduction in collections expected in the just-started fiscal year and a $20 million reduction in the fiscal year that starts in July of 2013.

Consulting economist Tom Kavet told lawmakers continued economic uncertainty in Europe and disagreements over budget policy in Washington have created significant uncertainty in the economy.

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