Current News

by Courtney Poquette, et al We are Vermont educators who teach high school personal finance, and we are united in support of legislation that would guarantee a full-semester, standalone personal finance course as a graduation requirement for all Vermont students. Why is it so important to the future of our young students? Research by Next Gen Personal Finance (NGPF) and others demonstrates clearly that guaranteed personal finance education leads to positive outcomes and improves lives forever. That is why we heartily endorse HB228, which would require just such a standalone course.

Vermont Business Magazine Representative Becca Balint (D-Vermont) becomes a member of the Congressional Gun Violence Prevention Task Force in the 118th Congress. The task force is chaired by Mike Thompson of California and includes 169 members.

Vermont Business Magazine Today, Mayor Weinberger announced a second annual contribution of nearly $40,000 to Feeding Chittenden through the City’s ‘Fines for Food’ program. In 2021, the City launched a pilot program to donate half of overdue parking tickets paid during the holiday season to Feeding Chittenden to help combat food insecurity. After the successful pilot, the Mayor, City Council, Department of Public Works and the Parking Services staff were eager to formalize this campaign for at least five more years. In July, the City Council unanimously approved a motion to continue 'Fines for Food' through 2026.

Vermont Business Magazine The University of Vermont Cancer Center will offer a novel, highly effective form of cancer treatment called CAR T-cell therapy beginning in February, when final accreditation and approval to begin treating patients is expected. The Cancer Center will be the only healthcare institution in Vermont and northern New York to provide the treatment. CAR T, as it is known, uses the body’s immune system to fight cancer. Unlike other immunotherapies, CAR T uses genetically modified T cells from the patient to attack cancer cells. Approved by the FDA in 2017 for a variety of blood cancers, CAR T-cell therapy induces a “complete response” — where no remaining cancer is detectable — in 50 to 80 percent of patients treated with it, depending on the cancer type — including in 70 percent of patients with mantle cell lymphoma and 80 percent with follicular lymphoma.

Vermont Business Magazine The Vermont Agency of Agriculture, Food and Markets (VAAFM) announces a second list of grant awards from a new competitive round of Local Food Purchase Assistance (LFPA) funding. Approximately $200,000 will be awarded to nine organizations that have diverse projects to purchase from socially disadvantaged Vermont farmers and producers and distribute to underserved community members across the state. Projects will focus on increasing equity and cultivating new relationships between local growers and entities providing food to their neighbors. Projects will begin this spring and run for one year across 6 Vermont counties.

Vermont Manufacturing Extension Center As Vermont’s trusted resource for manufacturing since 1995, VMEC today was released their annual impact report. Job creation and retention, wages and benefits, client investment, increased and retained sales. These are just a few of the highlights that stand out to produce what compiles our measured outcomes and impacts to the Green Mtn. State. Read the latest client-reported results of how VMEC assists companies and helps drive significant impact for Vermont's manufacturing sector. Many thanks to Barry Callebaut Group, Hazelett Corporation, Chroma Technology and Vermont Tech for providing client profiles and/ or images for our annual report.

Vermont Business Magazine Governor Phil Scott has made a formal request for federal disaster funds to assist communities and public utilities recover costs for repairs and power restoration following the December 22-24, 2022, winter storm. The request seeks a federal eligibility for entities in Caledonia, Chittenden, Essex, Franklin, Grand Isle, Lamoille, Orange, Orleans, and Washington counties. If granted, a federal Major Disaster Declaration unlocks Federal Emergency Management Agency Public Assistance Program funding to reimburse municipal and non-profit utilities for 75% of eligible restoration costs. A declaration could also provide payment to municipalities for 75% of funds already spent on things like debris removal, road repairs, and staff overtime cleaning up after the storm.

Vermont Business Magazine The Vermont Department of Corrections (DOC) is conducting internal administrative and medical reviews following the death of an incarcerated individual on Tuesday. David Boglioli, 73, of Wilmington, Vt., died at Dartmouth Hitchcock Medical Center (DHMC) in Lebanon, New Hampshire, on Tuesday afternoon. As of December 2022, Mr. Boglioli was housed at the Southern State Correctional Facility (SSCF) infirmary in Springfield, Vt. He was admitted to DHMC on February 21.

Vermont Business Magazine Since last year, The University of Vermont Health Network has worked to reach a new agreement on behalf of patients who receive commercial insurance through UnitedHealthcare. Despite many attempts to preserve patient access to care, United, one of the nation’s largest for-profit insurers, has decided to allow that contract to expire as of April 1, 2023. UVM Health Network proposed a plan that would have allowed current patients to continue accessing care with their United coverage through the end of 2023, under financial terms that would have had a negative impact on the health system. This would have allowed patients time to seek new insurance and treatment plans. However, that request was denied by United, and their more than 2,600 commercial members in Vermont and northern New York will be out of network (with certain exceptions).

Vermont Business Magazine Northeastern Vermont Regional Hospital (NVRH) will host a Heart Health Fair on Friday, February 24, 11 am to 3 pm. The Heart Health Fair is open to all staff and community members and will be held in the NVRH Business Center. Please wear a mask and enter through the Main Entrance at 1315 Hospital Drive. Taking care of your heart is important and doing so may help prevent a heart attack. According to the American Heart Association, approximately every 40 seconds, someone in the United States will have a heart attack.

Public Assets Institute Amid rising prices and expiring pandemic assistance for housing, food, and other basics, there’s some good news for Vermonters and their kids. Families most in need—those with low or no earnings—with children under 6 can now receive $1,000 from the refundable Vermont Child Tax Credit when they file their 2022 tax returns. But here’s the challenge: Many families with low earnings don’t have to file taxes—so they risk missing out on these credits. In 2019 the IRS estimated that 17 percent of Vermont filers did not claim the Earned Income Tax Credit, a similar refundable tax credit targeting families with low income, even though they were eligible.

Vermont Business Magazine A new and much-needed resource for eating disorder patients is opening in Burlington on Wednesday, February 22nd. The Kahm Center for Eating Disorders offers Intensive Outpatient and Partial Hospitalization services for eating disorders. This level of care is for those individuals for whom one-on-one outpatient care is not sufficient, but residential care may not be necessary. Group sizes are small, the staff is highly experienced and well-trained, and each patient has an individualized treatment plan. Intensive outpatient care consists of individual therapy, group therapy, meal support, and nutritional counseling that lasts for three hours per day, five days a week. Partial hospitalization includes the same but with increased psychiatric care that lasts for five hours per day, five days a week.