Economists say Vermont’s tax revenues are sliding
Budget-writers need to find $9.3 million to cover a projected shortfall in tax receipts.
On video + story: Emergency Board approves state LIHEAP funding
The vote Tuesday also included a repayment plan of $1.5 million to the weatherization fund, which helps low-income Vermonters use less fuel to heat their homes.
2010 General Fund revenues up 3.76 percent
December 2010 is the last month that will be compared to the July 2010 Consensus Revenue Forecast. The Emergency Board will be adopting a revised Consensus Revenue Forecast at their meeting scheduled for 1 p.m. Jan. 14, 2011, in the governor’s ceremonial office.
Video: Emergency Board delays decision to raise business incentive cap
The existing cap on incentives is $10 million; the Department of Economic, Housing and Community Development recommends raising the limit to $25 million.
