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Personal income drives positive revenue results

Fri, 09/25/2020 - 4:04pm -- tim

by Timothy McQuiston, Vermont Business Magazine Led by the Personal Income Tax, Administration Secretary Susanne Young today released the monthly tax revenue report, which showed General Fund and Education Fund results were better than anticipated, while the Transportation Fund fell short. The PI tax is the most important revenue source. Meanwhile, the Rooms & Meals tax, the third most important, suffered along with the hospitality industry.

Vergennes celebrates opening of 24 apartments near downtown

Fri, 09/25/2020 - 3:50pm -- tim

Vermont Business Magazine Today, the Vergennes community celebrated the official grand opening of Vergennes Community Apartments with socially-distanced property tours and live music. The Addison County Community Trust (ACCT) and Evernorth partnered to develop this highly energy-efficient, multi-family apartment building located on Armory Lane in close proximity to downtown Vergennes. Evernorth is the former Housing Vermont.

Lawmakers pass funding package with $56.1 million for state colleges

Fri, 09/25/2020 - 2:45pm -- tim

Vermont Business Magazine Today, the Vermont Legislature advanced to the governor a state budget that underscores the state’s commitment to the Vermont State Colleges System. The package includes an additional $56.1 million for the Vermont State Colleges System: $30 million of annual base funding, $23.8 million of emergency bridge funding to stabilize the colleges’ finances, and $2.3 million of Coronavirus Relief Funds (CRF) for workforce training to support Vermonters impacted by the pandemic. This brings the total state funding for this fiscal year to $68.6 million.

VRGA asks Vermont businesses to fill out fiscal impact survey

Fri, 09/25/2020 - 2:22pm -- tim

Vermont Business Magazine In order to better understand the fiscal status of the state of Vermont during COVID-19, Vermont Retail and Grocers Association encourages all retailers, grocers, and businesses that sell any products or services to provide feedback to help understand the current impact of COVID-19 on Vermont businesses. The Vermont State Economist Tom Kavet has asked once again that the Vermont Retail and Grocers Association (VRGA) share an updated survey with business owners throughout the state. The results of this survey will be used to assess the current impact of the pandemic and inform public policy in the State of Vermont.

Weinberger takes actions to forge new consensus on policing in Burlington

Fri, 09/25/2020 - 2:12pm -- tim

Vermont Business Magazine Today, Mayor Miro Weinberger announced that he is appointing Kyle Dodson, the President and CEO of the Greater Burlington YMCA, to a new, temporary position titled Director of Police Transformation to help lead the City’s work to forge a new consensus on policing in Burlington. This work will include oversight of the Burlington Police Department’s planning, policy, and engagement efforts during a period in which the City is advancing a wide range of transformation efforts. Dodson will take a temporary leave of absence from his position at the YMCA to accept the position.

Weekly unemployment claims edge up

Fri, 09/25/2020 - 1:40pm -- tim

by Timothy McQuiston, Vermont Business Magazine Weekly unemployment claims were little changed last week and are near their lowest levels now since the first week of March. However, there are still about 35,000 Vermonters receiving either regular or pandemic unemployment benefits. Nationally, claims also increased last week.

PSD awards nearly $4 million for the COVID-19 Emergency Connectivity Initiative

Fri, 09/25/2020 - 10:21am -- tim

Vermont Business Magazine The Department of Public Service has announced $3,991,847 in grant awards to Internet Service Providers to serve over 1,651 eligible locations with broadband connections in response to COVID-19. Of those slated to receive service from the grant-funded projects, 804 lack a connection of 4/1 Mbps and 150 were identified as having a telehealth, distance learning, or telework need.

T-Mobile opens first Vermont stores

Fri, 09/25/2020 - 9:25am -- tim

Vermont Business Magazine Wireless carrier T-Mobile brings 5G service to more parts of Vermont as it opens its first two stores in the state. And, the "Un-carrier" partners with Green Mountain Transit to provide Wi-Fi for riders.

T-Mobile announced the openings in a statementThursday,. With two stores serving South Burlington and Essex Junction, "T-Mobile aids in job creation while serving customers. And, the Un-carrier’s free Wi-Fi on public transit helps keep Vermont residents connected at a critical time."

Local organizations to host food and necessities drive for at-risk neighbors

Fri, 09/25/2020 - 4:16am -- tim

Vermont Business Magazine National Life Group and The Vermont Agency are joining forces to help those who are struggling by hosting a food and necessities drive on the Maple Tree Place green in Williston. Donations will be collected from 1 pm to 3 pm on Saturday, September 26. Specific items needed include nonperishable, unexpired canned food including fruit, vegetables, tuna, beans, soup, pasta, pasta sauce, peanut butter, applesauce, protein shakes and bars, feminine hygiene products, toiletries, and cleaning supplies. 

VDH COVID-19 Update: Two new cases, fill out the Census form

Thu, 09/24/2020 - 5:28pm -- tim

Vermont Business Magazine While Vermonters have been doing well in keeping up with health protocols, Vermont is lagging in reporting vital information to the Census. The Census shapes the future of our communities — informing how billions of dollars in federal funds are distributed for health clinics, school lunch programs, disaster recovery initiatives, and other critical programs and services for the next 10 years.

Allbee receives VCRD Vermont Lifetime Achievement Award

Thu, 09/24/2020 - 5:16pm -- tim

Vermont Business Magazine On September 23, 2020 Julie Moore, Chair of the Board of the Vermont Council on Rural Development (VCRD) presented the Vermont Lifetime Achievement Award to Roger Allbee of Dummerston for all his contributions to the community, economy, and working landscape of the state. The award was initiated in 2015 to recognize statewide leaders whose long service exemplified dedication, and honorable service to community and to all of rural Vermont.