• Vt. revenues up in April
    May 11,2013
    • Email Article
    •  
    •  Print Article
     
    MONTPELIER — Vermont Administration Secretary Jeb Spaulding said revenues were up in all three of the state’s main sources of income last month, including the highest general fund revenues ever for April.

    Spaulding said it’s “not a time for irrational exuberance” because a good deal of the increase in general fund revenue seems to be due to one-time decisions made by taxpayers in December.

    Still, general fund revenues were 14.2 percent above projections. The year-to-date projection is almost 2.5 percent ahead of forecasts.

    The transportation fund in April exceeded expectations by 3.85 percent. For the year the transportation fund is 1 percent below target.

    The “non-property tax” education fund revenues were almost three-tenths of 1 percent above forecasts. The education fund is also about 1 percent below expectations for the year.
    • Email Article
    •  
    •  Print Article
    2 Comments
    MORE IN This Just In
    SPRINGFIELD — Springfield residents will be asked next month during Market Madness for their... Full Story
    PHILADELPHIA — Many delegates from Vermont arrived at the Democratic National Convention this... Full Story
    I could feel the groan rising inside me as I read the subject line of the press release in my... Full Story
    More Articles