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Look Ahead, Vermont: State economic forecast, revenue projects due Friday

Look Ahead, Vermont: State economic forecast, revenue projects due Friday
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United statesPhil scottAnnie smithJeff carrDeb billadoEmilie kornheiserTom kavetLillyl salviaScott beckJill krowinskiShane rogersFiscal officeVermont republican partyAgency of administrationWays means committeeEducation fund

Vermont Legislative Update 02-05-2021 - An analysis from DRM s Government & Public Affairs Team | Downs Rachlin Martin PLLC

Project based TIFs would expand rural redevelopment The Senate Committee on Economic Development, Housing and General Affairs is considering S.33, a bill that would allow more towns to apply for project-based tax increment financing. TIFs allow municipal governments to fund new private infrastructure projects through the anticipated tax revenue that results from the new projects. S.33 would create a pilot program limited to six projects with a $1.5 million cap per application. This bill was considered last year with a higher limit but was lowered to get the support of the Senate Finance Committee chair. Witnesses testified this week in favor of increasing the cap to at least $4 million.

United statesTown of westfordMike sirotkinBrittney wilsonHeidi scheuermannPhil scottPeter teachoutBrian carpenterTom kavetChris brayMike harringtonRichard faesyPeter tuckerRachlin martinDoug hofferEnergy futures group inc

State revenue forecast bounces back to near January 2020 levels

Don t miss the big stories. Like us on Facebook. MONTPELIER â The state Emergency Board approved an upgrade in the stateâs revenue forecast for fiscal 2021, as the stateâs economists said the massive injection of federal spending during the COVID-19 pandemic had resulted in healthier than expected revenues through the first six months of the fiscal year. The board unanimously approved revenue projections of $2.44 billion for fiscal 2021, $2.57 billion for fiscal 2022 and $2.62 billion in fiscal 2023. The projection is based on what economist Tom Kavet called âa steady progression of above target performance on a number of key and very large tax sources,â as well as the change in administrations in Washington likely to result in additional coronavirus relief dollars.

United statesCatherine benhamJeffrey carrTom kavetFiscal officePaycheck protection programEducation fundEmergency boardLegislative joint fiscal officeFiscal officer catherine benhamLocal newsஒன்றுபட்டது மாநிலங்களில்கேத்தரின் பென்ஹாம்ஜெஃப்ரி கார்நிதி அலுவலகம்சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம்

Look Ahead, Vermont: Fracture looms in Vermont GOP over Trump

Don t miss the big stories. Like us on Facebook. More than a few Vermonters have asked over the past four years: Why is Gov. Phil Scott still a Republican? That question â and, between the lines, a bigger question about what it means to be part of the Grand Old Party in Vermont â was asked out loud on Friday. Going back to the 2016 campaign, Scott has made no secret of his distaste for Republican President Donald Trump, criticizing him openly despite the potential ramifications. Scott was among the first Republican governors to say after Trumpâs first impeachment that he should have been convicted and removed from office. He strongly condemned Trumpâs role in the Jan. 6 insurrection at the U.S. Capitol. And, unlike many GOP members of Congress, and notably, some leaders within the Vermont GOP, Scott declared that Joe Biden had, indeed, won the presidential election and ought to resign or be removed.

United statesPhil scottDonald trumpBrian campionDeb billadoMelissa jacksonJoe bidenGloria gaynorAnne gallowayAnn pughScott beckJohn klarSteve howardVermont state employees associationHouse human services committeeRepublican party

Looming deadline could push states to misspend CARES Act money

Looming deadline could push states to misspend CARES Act money
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United statesNew jerseyRaymond james stadiumHillsborough countyUniversity of south floridaStephen kleinMellissa changElaine ryanStacy whiteBobby silvestBill leeTom kavetBurlington electric departmentDepartment of public worksPaycheck protection programTampa sports authority