Vt. revenues up in AprilMay 11,2013MONTPELIER — 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.MORE IN This Just InStaff Report Full Story
- Most Popular
- Most Emailed
- RICHARD'S POOR ALMANACK: On this day in 1393, quick thinking teen girl saves King Charles IV of France from burning alive at masquerade ball; in 1760, Vermont town of Pownal created by N.H. Gov. Benning Wentworth; Canuplin, Filipino movie star, born.
- RICHARD'S POOR ALMANACK: On this day, 1700, Cascadia Earthquake, Magnitude 9 plus, strikes West Coast with tsunami effects felt as far away as Japan; in 1885, troops loyal to Sudanese Mohammad Ahmad conquer Khartoum; in 1992, Boris Yeltsin untargets U.S.
- RICHARD'S POOR ALMANACK: On this day in 971 AD, Southern Han war elephant corps defeated by Song Dynasty troops bowmen; in 1870, Montana, Marias massacre, U.S. kills 173 Native Americans; in 1941, Charles Lindbergh recommends neutrality pact with Nazis.
- TOMORROW'S HEADLINES TODAY: Bryanna Allen reports Castleton Downtown hosts open house, fire in Springfield leaves family without a roof of their own, suspected Bosnian war criminal trial goes to jury, Brent Curtis reports Rutland Town budget set to rise.
- TOMORROW'S HEADLINES TODAY: Bill in Legislature proposes naming beagle Vermont state dog; Associated Press looks back at year in opiate abuse; Shapiro's in Brandon soon to close after 75 years; probe shows illegal online gun sales booming.
- RICHARD'S POOR ALMANACK: On this day in 1861, JEFFERSON DAVIS resigns from the U.S. Senate to become president of the Confederate States of America, in 1908, NYC passes law forbidding women from smoking in public; in 1968, B-52 crashes, loses H-bomb.