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PAI: Federal aid helped, and more will be needed

Thu, 07/09/2020 - 5:24pm -- tim

by Jack Hoffman, Public Assets Institute The federal Paycheck Protection Program (PPP) pumped $1.19 billion into the Vermont economy in April, May, and June to help employers hang onto nearly 114,000 jobs during the first wave of the COVID-19 pandemic. To put that in perspective, in normal times Vermont has about 315,000 non-farm payroll jobs, and the state’s total output of goods and services in a three-month period is about $8.7 billion.

VDH COVID-19 Update: 16 new cases, mostly in Chittenden County

Thu, 07/09/2020 - 5:24pm -- tim

Vermont Business Magazine The Vermont Department of Health today is reporting 16 new cases of COVID-19 statewide, with 11 of those cases in Chittenden County. The VDH reminds Vermonters that with “feels like” temperatures forecast to reach nearly 100 degrees this week, Vermonters are urged to know how to keep safe and cool. Heat illnesses are a real danger, even for young people. In fact, Vermonters between the ages of 15 and 34 have a greater risk of going to the emergency department for a heat-related reason compared to adults aged 35 to 65.

Vermont State Police identify Rutland officers involved in shooting

Thu, 07/09/2020 - 5:23pm -- tim

The Vermont State Police is identifying the Rutland City Police Officers present at the time of Wednesday’s shooting. State police investigators have determined that Officer Billings fired his service weapon during the encounter on Terrill Street. Officer Harvey was struck by the SUV in the course of the incident. The investigation into the full time line and sequence of events is continuing Thursday, July 9, 2020, including interviews with the officers that were involved.

Local Support and Community Action Team launches county recovery forums

Thu, 07/09/2020 - 3:57pm -- tim

Vermont Business Magazine On July 9th, the Local Support and Community Action Team of the Governor’s Economic Recovery Task Force will launch a series of virtual COVID-19 Recovery Visits to be held in each county across the state over the next several months. The Action Team was convened in mid-April as part of the Economic Mitigation and Recovery Task Force and charged by Governor Scott with identifying and replicating regional and community recovery initiatives and uncovering gaps in recovery efforts to ensure equitable distribution of resources, especially in rural areas and underserved populations.

VPR and Vermont PBS partner on 2020 political debates

Thu, 07/09/2020 - 3:24pm -- tim

Vermont Business Magazine Vermont PBS and Vermont Public Radio and today announced the 2020 VPR - Vermont PBS Debates, a series of pre-recorded primary candidate debates for Governor and Lieutenant Governor leading up to Vermont’s primary election on August 11. The first debate is scheduled for Tuesday, July 14 during Vermont Edition and at 8 p.m. on Vermont PBS. Moderated by Vermont Edition host Bob Kinzel, the debate will feature Republican lieutenant governor candidates Dana Colson, Meg Hansen, Jim Hogue and Scott Milne.

Public invited to discuss watershed action plan for Northern Lake Champlain

Thu, 07/09/2020 - 2:00pm -- tim

Vermont Business Magazine The Department of Environmental Conservation (DEC) invites Vermonters to attend three online presentations in July to review a collaborative watershed action plan for the Northern Lake Champlain Direct Drainages. The plan encompasses a portion of the Lake Champlain watershed that stretches from Ferrisburgh to Swanton, including the Lake Champlain Islands, as well as Shelburne, Burlington, Malletts and St Albans Bays.

CHCB names Jeffrey McKee CEO

Thu, 07/09/2020 - 1:32pm -- tim

Vermont Business Magazine The Community Health Centers of Burlington (CHCB) announced today that Jeffrey McKee, PsyD, has joined the organization as Chief Executive Officer. A native of Rutland, Dr McKee graduated from Castleton University with a Bachelor’s degree in in Psychology. He received his Doctorate in Clinical Psychology from Indiana State University before returning home to Vermont. Working first at Rutland Mental Health as the Director of Children’s Services and then at RRMC, he demonstrated a passion for developing programs and services that met some of the community’s most pressing health care needs.

Vermont Agency Foundation donates $15,000 in grants

Thu, 07/09/2020 - 11:33am -- tim

Vermont Business Magazine The Vermont Agency Foundation has donated $1,500 per week for 10 weeks through their Dramatic Impact and Enduring Legacy Grants. Amid stay-at-home orders due to COVID-19, The Vermont Agency Foundation observed individuals and businesses stepping up and living The Foundation’s mission to Dramatically Impact the Lives of Others. 

Sanders: CBO report finds wealthy tax cheats prime beneficiaries of IRS budget cuts

Thu, 07/09/2020 - 11:16am -- tim

Vermont Business Magazine At the request of Senate Budget Committee Ranking Member Bernie Sanders (I-Vermont), the Congressional Budget Office (CBO) issued a report Wednesday, “Trends in the Internal Revenue Service’s Funding and Enforcement,” examining the causes of hundreds of billions of dollars in annual tax avoidance and evasion, facilitated by budget cuts to the Internal Revenue Service (IRS). CBO found that the estimated amount of taxes owed but ultimately unpaid was $381 billion on average annually from 2011 to 2013 according to the latest data from the IRS. The tax gap is almost certainly substantially higher given that the total revenue collected has gone up by more than a third since that time. A recent academic study found that roughly 70% of the gap is explained by underpayment of the top 1%.

Economic Recovery Grants overview Webinar today at 3 pm

Thu, 07/09/2020 - 11:05am -- tim

Addison County Economic Development Corporation ACCD and the Department of Taxes will host another in a series of webinars to discuss the Economic Recovery Grants that are available to Vermont businesses. Join them on Thursday, July 9th at 3:00pm for more information about eligibility requirements, grant award calculation information, grant application processes, and what documents businesses will want to have prepared and on-hand when applying.

City, Champlain announce local skill accelerator for Burlingtonians hit by COVID recession

Thu, 07/09/2020 - 10:52am -- tim

Vermont Business Magazine Mayor Miro Weinberger and Champlain College President Dr Benjamin Akande on Wednesday announced the Local Skill Accelerator Program, a partnership designed to leverage Champlain College’s extensive online education programs to allow Burlingtonians to access additional savings for undergraduate certificate programs and, ultimately, a full undergraduate degree. Champlain College’s online curriculum is nationally recognized, taught by expert-practitioner faculty, and well-suited to help residents seeking a new job or a career transition in an era when demonstrable skills in information technology, cybersecurity, project management, or human resources can be a huge advantage in securing new employment opportunities.

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