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Leahy bill to improve criminal justice system to be signed into law

Fri, 12/02/2016 - 4:45pm -- tim

Vermont Business Magazine Legislation long championed by Senator Patrick Leahy (D-Vermont) to help ensure that the criminal justice system functions fairly now goes to the White House for signature after the Senate overwhelmingly passed the bill on Thursday. The Justice for All Reauthorization Act aims to reduce the rape kit backlog by supporting grant programs that fund forensic testing.

Weekly unemployment claims spike

Fri, 12/02/2016 - 4:44pm -- tim

Vermont Business Magazine Weekly unemployment claims last week more than doubled last week. While this is typical for this time of year, last week out-paced last year's numbers. Claims have been above year-to-year results most of this year, but had recently been running below last year's levels. Most industrial sectors saw at least some increase, with Services taking the biggest hit with 750 claims alone, up 460 claims in one week.

Campaign for Vermont renews vision

Fri, 12/02/2016 - 3:10pm -- tim

Vermont Business Magazine Campaign for Vermont Prosperity (CFV) announced today its new vision for Vermont. Campaign for Vermont is a non-partisan advocacy group that has pushed for ethics reform in state government, a modern education system, better access to the voting booth, and economic prosperity for all Vermonters. CFV was formed by businessman and former Republican gubernatorial candidate Bruce Lisman in 2011.

“We are excited to announce a sharper message and a vision for what we are working towards” said Executive Director Ben Kinsley. 

WCAX announces new hires and promotion

Fri, 12/02/2016 - 12:13pm -- tim

Vermont Business Magazine WCAX has announced the addition of three journalists to its news team and the promotion of another member of the team. Ike Bendavid, a native of Bennington, has joined the WCAX newsroom as a reporter and producer. Ike is a graduate of Castleton University and Mount Anthony High School. He is also an award-winning member of the Castleton Football Team. 

Sugarbush’s John Egan to be inducted into 2016 Ski and Snowboard Hall of Fame

Fri, 12/02/2016 - 10:07am -- Denise Sortor

Vermont Business Magazine Sugarbush Resort’s Chief Recreation Officer and legendary skier, John Egan, is being inducted into the 2016 Ski and Snowboard Hall of Fame. A national voting panel selects the incoming class in the fall of each year. Egan joins nine others including his brother Dan Egan, whom he skied with for many years in a number of Warren Miller films. The class of 2016 will be inducted on April 8th, 2017 in Stowe, VT, and enshrined in September at the Hall of Fame Museum in Ishpeming, Michigan.

House approves new funding for states battling nationwide opioid epidemic

Thu, 12/01/2016 - 4:15pm -- tim

Vermont Business Magazine Last night, the US House of Representatives overwhelmingly approved bipartisan legislation that will provide much-needed new funding for Vermont and other states battling the opioid epidemic devastating families and communities across the country. Also included in the bill is new funding for the National Institutes of Health (NIH) for research on the treatment and cure of life threatening diseases. The legislation provides $1 billion in grants to states, localities, and service organizations working on the front lines of the epidemic.

Northeast Kingdom Fund announces $80,000 in grants

Thu, 12/01/2016 - 4:09pm -- tim

Vermont Business Magazine The Northeast Kingdom Fund at the Vermont Community Foundation made $80,000 in grants to 26 organizations in Orleans, Essex, and Caledonia Counties this year. The Fund was established in 2011 by the Community Foundation and local partners as a permanent philanthropic resource to support the people and communities in the region. This year’s grantmaking was supported in part by the Stony Point Foundation and many other donors from across Vermont.

Norwich University awarded grant to train the next gen of cyber soldiers

Thu, 12/01/2016 - 3:40pm -- tim

Vermont Business Magazine Norwich University was recently awarded $714,285 from the National Security Agency (NSA) in collaboration with the United States Army Reserve (USAR) in order to support scholarships for soldiers, capacity building to enhance the overall educational experience and outcomes, and to enhance local and regional community outreach and development.

Tax commissioner expects education property tax to increase 2.35 percent

Thu, 12/01/2016 - 3:16pm -- tim

Vermont Business Magazine Property tax values are projected to increase next fiscal year, but so too are property tax bills an average of 2.35 percent, as local school spending growth (projected at 3.2 percent) is expected to outpace the increase in values. The Vermont Commissioner of Taxes today released her forecast related to education tax yields and rates for the upcoming fiscal year, FY2018. The statutorily required forecasts are a joint effort between the Agency of Education, Department of Taxes, Department of Finance and Management, and Joint Fiscal Office. Total Education spending in FY18 is expected to be $1.617 billion on revenues of $1.591 billion, which suggests a shortfall of $26 million.

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