Vermont Business Magazine The University of Vermont’s Board of Trustees today approved a general fund operating expense budget of $379,560,000 for fiscal year 2022, which starts July 1. Last February the board approved President Suresh Garimella’s proposal to freeze tuition for the coming academic year. It will be the third consecutive year tuition levels have remained the same. At the February meeting, the board also approved Garimella’s recommendations to reduce the student comprehensive fee by 2.2% and to freeze next year’s room and board charges at their current rates.
by Timothy McQuiston, Vermont Business Magazine Today, Jay Peak Receiver, Michael Goldberg, reached a $32.5 million settlement with Mitchell Silberberg & Knupp LLP, generally known as MSK, for its role in providing legal advice to Ariel Quiros and the EB-5 projects in the Northeast Kingdom. This comes on the heels of a settlement with Raymond James over ownership of Burke Mountain Hotel and in guilty pleas related to a separate development.
Vermont Business Magazine The state is lining up many walk-in vaccination clinics in an effort to get to 80 percent of eligible Vermonters vaccinated as quickly as possible. Doing so will eliminate the remaining COVID restrictions. An additional 7,878 individuals remain to be vaccinated. On June 3, 2021, an additional 348 individuals were vaccinated. To reopen June 11 about 1,000 Vermonters will need to be vaccinated daily; to reopen June 8 about 1,500 Vermonters daily; and to reopen June 7 about 2,000 daily. Also, the VDH today is reporting only 12 new cases of COVID-19, however, the state suffered its first death in more than two weeks. Fatalities now stand at 256 statewide.
Vermont Business Magazine Senator Bernie Sanders (I-Vermont), Chairman of the Senate Budget Committee, today announced that the committee will hold a hearing Tuesday, June 8 at 11 a.m., on “The President's Fiscal Year 2022 Budget Proposal.”
Testifying at the hearing will be Shalanda D. Young, Acting Director of the Office of Management and Budget.
by State Representative Jim Harrison The recently adjourned Vermont Legislature will be heading back to a virtual session on June 23 to take up a couple of bills vetoed by Governor Scott. These bills would allow non-citizens to vote in Montpelier and Winooski. House and Senate leaders have indicated they planned to move forward to override the Governor’s vetoes on these voting changes as well as potentially another bill raising the age to 20 before certain criminal offenses are public.
Vermont Business Magazine The Con Hogan Award for Creative, Entrepreneurial, and Community Leadership recognizes individuals who focus on results, use data and measurement to mobilize action, work with people across diverse perspectives, take risks in pursuit of their vision, and persist through setbacks. In recent interviews, Holly Morehouse and James Baker—respectively, 2017 and 2018 awardees—reflected on how that happened during the COVID-19 pandemic.
Vermont Business Magazine Governor Phil Scott today announced dozens of new walk-in clinics as the State works to make the COVID-19 vaccine easily accessible throughout Vermont. Governor Scott previously announced that when 80% of Vermont’s eligible population (those age 12 and older) have received at least one dose of the COVID-19 vaccine, the state will enter Step 4 of the Vermont Forward plan and remove remaining restrictions. As of Thursday, it was at 78.6% of eligible Vermonters, needing 7,878 more people to reach the goal.
Vermont Business Magazine On June 3, 2021 at approximately 2:51 PM Vermont State Police received a report of a tractor-trailer truck stuck on Rt. 108S in Smugglers' Notch. Troopers from the Williston Barracks responded along with Officers from Stowe Police Department. The Notch was shut down on both the Stowe and Cambridge sides and traffic was diverted.
Vermont Business Magazine CFES Brilliant Pathways, a college and career-readiness nonprofit based in Essex, NY, has chosen 20 rural schools in northeastern New York and Vermont for its newly launched North Country Brilliant Pathways program. Seventy-two schools applied for the program, which was announced in April. The Vermont schools are: Brighton Elementary School; Enosburg Falls High School; Leland and Gray Union High School; Otter Valley Union High School; Riverside Middle School. The initiative, which has a value of $1.5 million, will provide schools with a multi-faceted, comprehensive college readiness program that will put more of their students on a path to college.
Vermont Business Magazine Vermont Flight Academy (VFA) is working with Burlington International Airport (BTV) neighbor, BETA Technologies (BETA) to launch FLIGHT VT, an initiative that aims to inspire and empower youth by providing them with the opportunity to fly a plane. The program was first launched as a one-day pilot (pun intended) last year and was so successful, VFA is expanding this summer to three days. As many as 100 youth will join VFA and BETA certified flight instructors to fly planes over their hometowns.
Vermont Business Magazine Northeast Drinks Group LLC, a privately owned holding company, today announces a new canning line investment which dramatically increases capacity for branded and co-packing volumes at Green Mountain Beverage. A division of Vermont Cider Company, a wholly owned subsidiary of NDG, Green Mountain Beverage is a leading manufacturer and co-packing facility for canned, kegged, or bottled alcoholic and specialty non-alcoholic beverages.
Vermont Business Magazine As COVID cases continue to fall (the VDH reported eight cases today and again no deaths), the daily report will go to two times a week and the online data will be updated Monday to Friday. The weekend's numbers will be included Monday. This all will begin next week. Meanwhile, the state is approaching Governor Scott's 80 percent vaccination goal, though vaccinations have slowed in recent days. There are still many opportunities to get vaccinated across the state, including at walk-in clinics. For instance, for the governor to discontinue all COVID mandates by Monday, June 7, about 2,000 Vermonters a day would need to be vaccinated. On Wednesday, 482 individuals were vaccinated.