Two economists advising Governor Peter Shumlin and Vermont lawmakers say a national economic downturn in the first quarter of this year is likely to blame for softer-than-expected state revenues.
The Vermont Senate is debating a $1.44 billion general fund budget, with increases for Medicaid providers, health care for retired teachers and affordable housing.
The Vermont House has rejected raising income tax rates on top earners so the state can make up for cuts in federal support for food stamps.
A statewide public hearing last night on Vermont Governor Peter Shumlin’s proposed 2015 budget drew few people, but those who testified made it clear that social services must be protected.
Vermont Governor Peter Shumlin delivered his budget address to a joint session of the Vermont Legislature Wednesday afternoon.
Vermont Governor Peter Shumlin says he wants to increase state spending by almost 3.56 percent in the next fiscal year.
State officials in Vermont are taking a closer look at employees' travel budgets.
Vermont Governor Peter Shumlin outlined a budget plan of nearly $1.4 billion in his annual budget address to lawmakers Thursday afternoon.Vermont’s Governor focused his fiscal plan on five areas that he said need targeted investment: Education, Welfare reform, Health Care, Transportation funding and clean energy investments.
One week later than originally planned, Vermont’s Governor outlined the state’s 2014 spending plan Thursday in his annual budget addressVermont Governor Peter Shumlin focused his fiscal plan on five areas that he said need bold transformation and targeted investment.
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.