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Vermont Business Magazine As the new year begins, it’s usually the time we start to think about what we want to do, or achieve, over the year ahead, and make some resolutions. Perhaps it’s to lose weight, quit smoking, or even save money - but if what we want is vague, it’s less likely to happen. Indeed, studies that fewer than 25% of people actually stay committed to their resolutions after just 30 days and only 8% accomplish them. However, for those who have clear goals, particularly when it comes to finances, it is revealed that the average Vermonter plans to save $12,900 (which would be $1,075 per month) in 2023. This compares to a national average savings goal of $8,082.

Vermont Business Magazine Pomerleau Real Estate has released their Q4 transactions In addition to the below deals, they have announced that Kendra Kenney, who manages the Pomerleau family real estate portfolio of over 1.5 million square feet of commercial space achieved an all-time low vacancy rate of 1% during the 2022 calendar year.

Pomerleau Real Estate is excited to announce that the G&L Store in Benson, Vt has sold. Owners Greg and Lisa Fountain sold the building and business to John and Samantha Lendway. Congratulations to the new owners. Kendra Kenney and Kim Wichert represented the Owners.

by Chris Bradley When we consider Vermont, we must recognize that the vast majority of Vermont is rural. We also must recognize that Vermont has a chronic issue with the proper staffing of law enforcement, such that Vermont typically has one of the lowest Full-Time Equivalent (FTE) law enforcement officers per 100,000 residents in the nation. For 2019 we were the absolute lowest.

Vermont Business Magazine Burlington Mayor Miro Weinberger released the Administration’s Legislative Priorities for the 2023 Legislative Session. The Mayor’s priorities include funding for the city’s new high school and technical center, public safety, gun safety, initiatives to support housing creation and end homelessness, new support for substance misuse and mental health, climate action, and more. The Mayor’s agenda also prioritizes funding for the new Burlington high school and technical center, climate action, and several public safety initiatives including several reforms to the state’s gun safety laws.

Vermont Business Magazine A newly released report from Building Bright Futures and Vermont’s Early Childhood Data and Policy Center, titled The State of Vermont’s Children: 2022 Year in Review, provides an objective, data-driven assessment of the well-being of young children and families in Vermont. The report includes the 2023 Policy Recommendations from Vermont’s Early Childhood State Advisory Council Network on how best to improve outcomes for each and every child in the prenatal period to age 8 and their family.

Vermont Business Magazine Following news reports that the pharmaceutical corporation plans to quadruple its price for the COVID-19 vaccine up to $130 per dose, Sen. Bernie Sanders (I-Vermont), the incoming chairman of the Senate Committee on Health, Education, Labor and Pensions, on Tuesday sent a letter to Moderna’s CEO urging the company to reconsider its decision and refrain from any price increase in light of the role the federal government has played in the development of the vaccine.

Vermont State Police On the morning of January 3, Vermont State Police were notified of a single-vehicle crash on Vermont Route 100 at the Killington/Pittsfield town line. Troopers along with the Killington Fire Department, Pittsfield Fire Department, and White River Valley Ambulance responded to the scene. Investigation showed that operator Barbara Cobb was traveling northbound on Vermont Route 100 and lost control of the vehicle due to the icy road conditions. On January 6, 2023, Troopers were notified by Dartmouth-Hitchcock Medical Center that Cobb had succumbed to her injuries sustained in the crash.

Vermont Business Magazine Nedde Real Estate, based in Burlington has released a list of recent commercial real estate transactions.

Vermont Business Magazine Citizens’ 2023 M&A Outlook revealed both upbeat expectations for company performance and high desire for growth in a low-growth world in the coming year. The annual survey of 400 leaders at US middle-market companies and private equity firms also indicated that buyer and seller sentiment about mergers and acquisitions will return to pre-pandemic norms as the macroeconomic backdrop stabilizes. Citizens has bank branches across Vermont.

Vermont State Police Shortly after 5 am Tuesday, members of the Vermont State Police Tactical Services Unit were able to take Michael McCuen into custody. There were no reports of significant injuries. He was transported to the hospital for evaluation. As of 5:30 am, Vermont Route 16 has re-opened.