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Over $1 million available to fund agricultural clean water plan

Tue, 11/21/2017 - 5:54pm -- tim

Vermont Business Magazine The Vermont Agency of Agriculture, Food & Markets (VAAFM) has announced the opening of the Request for Proposal (RFP) period for at least $1 million in grant funding associated with the Ag Clean Water Initiative Program (Ag-CWIP). This grant program is made possible and supported by the Clean Water Fund — a fund created by Act 64 of 2015, Vermont’s Clean Water Act.

Tax revenues disappoint with PI shortfall of $5.7 million

Tue, 11/21/2017 - 5:03pm -- tim

by Timothy McQuiston Vermont Business Magazine The Personal Income tax took another hit last month and dragged down General Fund revenues for October. The PI is by far the most important GF revenue source. The disappointing GF revenues report came despite a rebound by the Corporate Income tax, which has been lagging much of the fiscal year and is still much in the red. The usually reliable Rooms & Meals tax, which largely tracks tourism activity, was slightly down as was the Sales Tax, which has been unreliable the last few years.

Condos, Donovan warn of fake 'Fundly' scam

Tue, 11/21/2017 - 4:46pm -- tim

Vermont Business Magazine This morning an email sent from a fake account meant to mimic an official Vermont Secretary of State email address was sent to some municipal officials soliciting donations for a family “in dire need” claiming a 3-year old girl “desperately needs your help.” Anyone with a heart is likely to be moved by such a plea, especially around Thanksgiving, a time when Vermonters actively look to help their neighbors in need.

Leahy slams border wall funding as 'bumper sticker budgeting'

Tue, 11/21/2017 - 4:23pm -- tim

Vermont Business Magazine Slamming the proposal as “bumper sticker budgeting,” Senate Appropriations Committee Vice Chairman Patrick Leahy (D-Vermont) Tuesday focused on a provision in the Department of Homeland Security Appropriations bill that would provide $1.6 billion from American taxpayers for President Trump’s border wall with Mexico. 

Six percent of Vermont kids have experienced a parent being in jail

Tue, 11/21/2017 - 12:57pm -- tim

Vermont Business Magazine Vermont has the second highest incidence of children with parents who are or were incarcerated, according to the The Annie E Casey Foundation KIDS COUNT Data Center. While the state is slightly below the national average (7 percent), most of its peer-group states had lower rates than Vermont's 6 percent, including New Hampshire (5 percent), Massachusetts (5 percent) and New York (4 percent). Close to 6 million kids in America have experienced losing a parent to prison or jail at some point in their lives — and this number is growing.

Attorney general dismisses campaign finance complaint against Corren

Tue, 11/21/2017 - 12:27pm -- tim

Vermont Business Magazine Attorney General TJ Donovan announced today that his office has reached a settlement with Dean Corren in a campaign finance enforcement action arising out of Corren’s 2014 campaign for lieutenant governor. The parties filed a stipulation of dismissal with the Superior Court today. By the terms of the settlement, Corren will pay $255 to a Vermont charitable organization.

Vermont launches initiative to 'get the lead out' at school

Tue, 11/21/2017 - 11:52am -- tim

Vermont Business Magazine The Vermont Department of Health, in partnership with the Agencies of Education and Natural Resources, is launching a pilot project designed to encourage schools to test drinking water for lead at each tap used for drinking or cooking, and take actions to lower lead levels. Sixteen schools that get their drinking water from municipal water systems were invited to take part in this voluntary effort, and all agreed to participate.

VEDA's Jo Bradley presented CDFA Lifetime Achievement Award

Tue, 11/21/2017 - 11:18am -- tim

Vermont Business Magazine The Council of Development Finance Agencies (CDFA) is proud to announce the recipient of the 2017 CDFA Lifetime Achievement Award. This year’s recipient is Jo Bradley, Chief Executive Officer at the Vermont Economic Development Authority. She was presented the award during a special ceremony at the 2017 National Development Finance Summit in Atlanta, GA, on November 16.

NEFCU donates $20,000 to COTS

Tue, 11/21/2017 - 8:46am -- tim

Vermont Business Magazine On Thursday, November 16th, representatives from New England Federal Credit Union (NEFCU) presented a symbolic “big check” for $20,000 to Burlington’s Committee on Temporary Shelter (COTS). On hand at COTS to make the surprise presentation were NEFCU’s Senior Vice President and CFO Susan Leonard, Senior Marketing Executive Cindy Morgan, Mortgage Manager Greg Hahr, Sales Manager Pat Weaver, and Secondary Market Analyst Abbie Jefferis.

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