• Vt. revenues up in April
    May 11,2013

    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.

    MORE IN This Just In

    Guard to hunters:

    Stay off our land

    The Vermont National Guard is issuing a... Full Story

    RUTLAND — The organization that runs the Vermont State Fair is poised to kick out a... Full Story

    Officials in two Rutland County school districts are among those proposing large cuts from... Full Story

    More Articles
    • VIDEOS
    • PHOTOS