Latest Breaking News On - Vermont state employee postemployment benefits trust fund - Page 1 : comparemela.com

Don t miss the big stories. Like us on Facebook.   MONTPELIER — Vermont’s tax revenue for June was a combined $38.8 million over projections, the state Agency of Administration reported Friday, capping a fiscal year in which the state’s coffers consistently outperformed pandemic-tempered expectations. The results will benefit the state’s efforts to pay down its underfunded pension benefit liability and will be considered when the state sets projections for fiscal 2022 next Friday. Personal income taxes brought in $124.4 million more than expected from the January revenue forecast, Secretary of Administration Susanne Young said in a statement. “The large surplus will allow us to put away more money in reserves and will, by operation of current law, also add over $52 million to the Vermont State Employees’ Postemployment Benefits Trust Fund,” Young said.

United statesLaura sibiliaMike mrowickiJeanette whiteBrian campionDavid durfeeMary morrisseyEmilie kornheiserVermont state employee postemployment benefits trust fundSenate education committeeAdministration susanne youngCritical occupations free tuition programTransportation fundMeans committeeAgency of administrationEducation fund