Vermont Business Magazine An already gloomy tax revenue situation for the current fiscal year was further downgraded by the Emergency Board Friday afternoon. Economists Jeff Carr and Tom Kavet presented their revenue forecasts for FY2018 (which began July 1) and for FY2019. Last January they had downgraded revenue projections by $24.7 million, but on Friday the new estimate was down $28.8 million.
Vermont Business Magazine The annual return of Vermont fairs and field days give people traveling in Vermont ample opportunities to enjoy the last full calendar month of summer. Steeped in decades of tradition, the many fairs scheduled for August in the Green Mountain State offer guests throwback fun, great food, carnival rides, farm animals, and entertainment acts.
Vermont Business Magazine Vermont Small Business Development Center (VtSBDC) State Director Linda Rossi last week announced Business Advisor Laurel Butler as VtSBDC’s 2017 Vermont State Star. “I am pleased to make this announcement and to recognize Laurel for her many contributions to Vermont start-ups and the positive impact she has made to our organization. Laurel was nominated by her peers and is a highly respected member of the VtSBDC team,” Rossi said. Butler is the Start-up Specialist and champion of student and youth entrepreneurship initiatives at VtSBDC.
by Mike Smith Over the past several weeks the Vermont attorney general, a prominent prosecutor and a state representative have all said or done things that have left many Vermonters shaking their heads in disbelief. Let’s start with the attorney general, TJ Donovan.
The University of Vermont announces the launch of four new online digital marketing certificates designed for business professionals through a collaboration with the Digital Marketing Institute, the certification standard in digital marketing education. Adding to UVM’s nationally recognized Digital Marketing Fundamentals Professional Certificate, students will now also be able to enroll in 10-week, online, advanced-level digital marketing certificates—Social Media Marketing Certificate and Search Marketing Certificate— beginning on September 27, 2017.
Castleton University is partnering with the Vermont Early Childhood Consortium to offer the Early Childhood Summer Institute on July 24-27, 2017. The institute consists of 10 simultaneous classes offered by 10 different Vermont Institutions. The courses are designed to promote Vermont’s core values for early education and to meet the needs of teachers of all levels. A strong emphasis is placed on courses that assist teachers in obtaining or retaining licenses and endorsements.
Vermont Business MagazineA new collaboration between the University of Vermont’s Business of Craft Beer Program and the industry-recognized Cicerone® Certification Program will allow students in UVM’s Craft Beer program to further distinguish themselves as craft beer experts with specialized knowledge in selecting, acquiring, and serving a variety of beer styles.
The Vermont Department of Labor announced today that the seasonally-adjusted statewide unemployment rate for June was 3.2 percent. This reflects no change from the revised May rate (3.2 percent). The national rate in June was 4.4 percent. As of the prior month’s preliminary data, the Burlington-South Burlington Metropolitan NECTA was tied for the ninth lowest unemployment rate in the country for all metropolitan areas at 2.3 percent (not-seasonally-adjusted). Overall, Vermont’s unemployment rate was tied for the seventh lowest in the country for the same time period.
Vermont Business Magazine The Committee for the Vermont Agricultural Hall of Fame is pleased to announce the inductees for 2017.
Recipients are chosen based on their accomplishments and significant contributions to Vermont agriculture.
• Rupert and Muriel Chamberlin, former dairy farmers and well-known Jersey breeders
• Ray and Pam Allen, applegrowers and agritourism leaders
• Claude Bourbeau, former dairy farmer and leader in dairy issues
Vermont Business Magazine On behalf of its Members, Brett Smith, President, and CEO of One Credit Union presented a check for $4,200 to James Hathaway, President, and CEO of Make-A- Wish Vermont. As One CU’s first ever fundraising campaign for Make-A- Wish, everyone was delighted with the results. Make-A- Wish grants wishes to kids with critical medical conditions. Each wish come true has the power to make kids feel stronger, more courageous and more determined to overcome their illnesses.
Vermont Business Magazine Maple Capital Management is proud to announce and congratulate the election of Elizabeth Lewis, CFA as Shareholder. Liz has served as a committed Portfolio Manager at Maple Capital for the last five years and is thrilled to keep driving the company towards further growth. In addition to building custom portfolios for a wide variety of individual and institutional clients, Liz also has years of experience in business development, financial planning and is a part of Maple Capital’s Captive Insurance team.
by Randolph T Holhut and Jeff Potter/The Commons This was supposed to be a summer of triumph for the New England Center for Circus Arts. In the space of a week, the 10-year-old nonprofit spun into chaos after its founders, Elsie Smith and Serenity Smith Forchion, announced that they had been relieved of their duties as the school’s artistic directors. A public revolt by coaches and staff ensued.