Vermont revenues on target in 2014 fiscal year - WCAX.COM Local Vermont News, Weather and Sports-

Vermont revenues on target in 2014 fiscal year

Posted: Updated:

MONTPELIER, Vt. (AP) - Vermont Administration Secretary Jeb Spaulding says the state revenues for the just-ended 2014 fiscal year met projections.

Spaulding says the 2014 General Fund revenues were $2.4 million ahead of forecast, almost 0.2 percent head of the target.

The Transportation Fund was about $1.5 million below expectations, or 0.06 percent, and the education fund was $3.1 million below projections, or 1.75 percent below expectations.

All three funds were well ahead of 2013 revenue figures.

Spaulding says he's pleased "revenue forecasters practically hit the nail on the head."

He says the figures are a good economic indicator.

Click here for the full report.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.