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Leonine: Emotional week at the State House

Sun, 02/23/2020 - 3:36pm -- tim

Leonine Public Affairs As the work day drew to a close late on Tuesday afternoon the members of the House Judiciary Committee filed into the House chamber to take testimony from supporters and opponents on H.610. The bill would require alleged domestic abusers who have been served with a restraining order to relinquish their firearms. At the same time people from all over Vermont poured into the statehouse to weigh in at the public hearing. Additional security staff began segregating the opposing sides into two lines up the spiral stairways to the chamber.

Governor will be back in Essex County Monday for 'Capitol For A Day'

Sun, 02/23/2020 - 2:34pm -- tim

Vermont Business Magazine The Scott Administration will be in Essex County on Monday, February 24 for its Capitol for a Day initiative, a 14-county tour launched by the Governor in 2018. Capitol for a Day gives local constituents, municipal government leaders and other partners the opportunity to connect directly with state leadership and staff.

Vision without resources is hallucination: Dr Richard W Schneider and Norwich University

Sat, 02/22/2020 - 3:52pm -- tim
“Norman Rockwell is alive and well at Norwich!”
by Joyce Marcel, Vermont Business Magazine These were the cheerful words of Retired Coast Guard Rear Admiral and President of Norwich University Dr Richard W Schneider. What he meant — should I dare put words into the mouth of such a distinguished officer — is that the values he believes in passionately, and the ones he tries to live by, are considered unsophisticated in the modern world. But they are the foundations of honorable behavior at Norwich.

VBM Editorial: Fix the pension problem

Sat, 02/22/2020 - 10:48am -- tim

Vermont Business Magazine When Richard Schneider took over as Norwich University president in 1992 he knew he needed to make cuts to get the university back on solid financial ground. The college was $3 million in the red on what was only a $30 million budget. But he acknowledges now that those cuts were a mistake. Not because he made them, but because he did not make them deep enough.

Springfield Area Revolving Loan Fund to help business in region

Fri, 02/21/2020 - 4:11pm -- tim

Vermont Business Magazine Springfield Regional Development Corporation (SRDC) has launched the new Springfield Area Revolving Loan Fund, which is a source of debt financing for small and medium-size companies in Southern Windsor County, as well as those looking to start a business. The Springfield Area Revolving Loan Fund (RLF) utilizes funds from the Economic Development Administration to complement other funding sources in helping area companies to create and retain jobs as well as stimulate the creation and relocation of new businesses. 

Vermont soldiers travel to North Macedonia for crisis training

Fri, 02/21/2020 - 2:57pm -- tim

Vermont Business Magazine Two Vermont National Guard Soldiers leave Saturday to assist in developing two potential natural disaster scenarios, with their focus on planning and logistical issues faced in a real-world crisis. The development process will occur next week, with subsequent supporting events scheduled over the year.

Vermont State Police investigate suspicious death in Ludlow

Fri, 02/21/2020 - 2:56pm -- tim

Vermont Business Magazine The Vermont State Police is investigating the suspicious death of a 49-year-old woman at a home in the town of Ludlow. The Ludlow Police Department was notified by a friend of the victim shortly before 8 pm Thursday, February 20, 2020, that the woman had been found deceased at a home on North Hill Cross Road. Ludlow police asked the Vermont State Police to assist in the investigation.

January tax revenues ahead of targets to start year

Fri, 02/21/2020 - 10:25am -- tim

by Timothy McQuiston, Vermont Business Magazine State tax collections were solid last month as corporate taxes and motor vehicle receipts bounced back from December results and exceeded expectations. The sales tax, however, slumped against expectations. Vermont’s revenue results for January 2020 show that the General and Transportation Funds were above their target for the month while Education Funds were slightly lower than their respective target, with the sales tax being the principal culprit. General Fund revenues collected for the month totaled $178.71 million, 2.39% or $4.18 million above the monthly consensus revenue target.

Vermont House gives initial OK to Global Warming Solutions Act

Thu, 02/20/2020 - 5:56pm -- tim

Vermont Business Magazine Today the Vermont House approved H.688, the Global Warming Solutions Act, on a vote of 105-37. The bill establishes greenhouse gas emission reduction requirements and deadlines for action. H.688 creates a roadmap to a coordinated, coherent strategy for Vermont to build more resilient communities and reduce our greenhouse gas pollution.