The State of Vermont finished the fiscal year slightly in the black and revenues grew for a third straight year, but tax collections are still not quite back to where they were before the recession.
Total general fund revenues for Fiscal 2012 were more than 1.19 billion dollars. That's .6 percent of the revenue forecast from state economists.
In real dollars, tax collections for 2012 were about 30 million better than Fiscal 2011. But going back to the pre-recession total of 2008, this year's total was still a few million short of that mark.
In analyzing the figures from this past year, the Shumlin administration is pleased with the gains and especially the strength of personal income, sales and use, and meals and rooms taxes.
Tuesday, December 10 2013 11:41 AM EST2013-12-10 16:41:55 GMT
St. Albans police are on the hunt for an armed robber who targeted a convenience store. Police say at about 9:45 p.m. Monday, a man entered the South Main Grocery and displayed a weapon. He left the storeMore >>
St. Albans police are on the hunt for an armed robber who targeted a convenience store.More >>
Tuesday, December 10 2013 9:40 AM EST2013-12-10 14:40:06 GMT
A former New Hampshire police chief will not face criminal charges. David Seastrand resigned in April after four women came forward and accused him of inappropriate actions ranging from sexual contactMore >>
A former New Hampshire police chief will not face criminal charges.More >>
Tuesday, December 10 2013 9:42 AM EST2013-12-10 14:42:57 GMT
A non-profit group has donated close to $23,000 worth of protective vests to police dogs in Vermont and New Hampshire. The special vests provide two dozen police dogs protection from both bullet and stabMore >>
A nonprofit group has donated close to $23,000 worth of protective vests to police dogs in Vermont and New Hampshire.More >>
Tuesday, December 10 2013 10:01 AM EST2013-12-10 15:01:43 GMT
A new twist in a lawsuit against a Vermont ski resort. A Massachusetts family say their 5-year-old was taking skiing lessons when a snowboard instructor, William Vincent of Montgomery, slammed into herMore >>
A new twist in a lawsuit against a Vermont ski resort.More >>