Vermont Business Magazine Effective this past Saturday, August 1, people in Vermont are required to wear a face mask or covering in public spaces any time it is not possible to keep a 6-foot distance from others who are not part of your household. This includes both indoor and outdoor public spaces and group living settings (for example, long-term care facilities, nursing homes, apartment and condo complexes). The Vermont Department of Health reported today one new case of COVID-19 for a statewide total of 1,427. There is one person hospitalized and deaths remain at 57.
Vermont Business Magazine Vermont’s nonprofit hospitals filed budget requests with the Green Mountain Care Board (GMCB) on Friday for the coming fiscal year, kicking off the annual hospital budget review process. The Vermont Association of Hospitals and Health Systems (VAHHS), which represents the system of hospitals, called these budgets “recovery budgets,” after years of financial challenges intensified by COVID-19. Hospitals experienced significant loss of revenue when they were forced to shut down elective procedures beginning in mid-March. At the same time, hospitals incurred substantial unplanned but lifesaving expenses in response to the pandemic such as retrofitting space, creating new staffing models and purchasing expensive and hard-to-find protective equipment. While extremely disruptive and costly, this work, in which hospitals collaborated with state and community partners, has been lauded as a model for the nation.
Vermont Business Magazine Casella Waste Systems, Inc (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and six month period ended June 30, 2020. The company also reintroduced guidance for the fiscal year ending December 31, 2020, fiscal year 2020. Revenues were $188.8 million for the quarter, up $1.3 million, or up 0.7%, from the same period in 2019. Net income was $12.1 million for the quarter, up $0.2 million, or up 1.7%, from the same period in 2019.
Vermont Business Magazine Green Mountain Power (GMP) is urging safety for customers as forecasts call for heavy rains and strong winds as Tropical Storm Isaias moves up the East Coast Tuesday. Meteorologists call this a fast moving storm that will weaken as it moves over land, yet still is forecasted to possibly cause flash flooding with rains of one to four inches as it sweeps over Bennington County and heads northeast and over the Connecticut River valley in Vermont starting Tuesday.
Vermont Business Magazine Governor Phil Scott today announced that beginning Tuesday, August 4, public safety, public health, health care and human services employers whose employees worked to help mitigate or respond to COVID-19 may apply for hazard pay grant funds for their employees. The Front-Line Employees Hazard Pay Grant Program was established in Act 136 of 2020 using Coronavirus Relief Fund dollars to pay eligible employees who worked during the COVID-19 public health emergency from March 13 through May 15, 2020.
Vermont Business Magazine Last Friday, the Vermont-based hospitals of the University of Vermont Health Network – Central Vermont Medical Center, Porter Hospital, and the University of Vermont Medical Center – submitted a collective fiscal year 2021 budget to the Green Mountain Care Board that charts a path to recovery, while meeting essential patient care needs and supporting employees with a slim, combined margin target of 2.2 percent. Vermont's community hospitals were required to file their proposed budgets to the GMCB by last Friday.
SBA Vermont Learn about the unique benefits and challenges of employee ownership during a full-day virtual event August 18, featuring 15 informative workshops and a keynote by Blake Jones. The online event logistics will take place via Microsoft Teams with extensive support from the University of Vermont Conference and Events Services. The SBA Vermont District Office hosts a free daily webinar from 9 to 10 a.m. Monday to Friday to discuss Paycheck Protection Program forgiveness and other changes. In response to the COVID-19 pandemic the SBA Vermont District Office hosts a free webinar from 9 to 10 a.m. Tuesdays and Thursdays to discuss the Paycheck Protection Program, the Economic Injury Disaster Loan and Advance, and any pertinent updates.
Vermont Business Magazine In response to uncertainties facing the Vermont high school class of 2021 as they plan for the future amid COVID-19, the Community College of Vermont (CCV) is giving students an extra month to enroll in its Early College program. Early College, supported by the Flexible Pathways Initiative created by Act 77, allows high school seniors to complete their last year of high school and first year of college simultaneously and tuition-free. CCV will now accept applications for fall 2020 until September 1st, a full month beyond its typical August 1st deadline. The new date is intended to provide students and families with more time and flexibility in making decisions for fall.
Vermont Business Magazine and the Vermont Chamber of Commerce announced the ranking of the top 51 Best Places to Work in Vermont 2020, at a virtual ceremony July 30, 2020. These companies had the honor of saying they are a Best Place to Work in Vermont.
The awards program was created in 2006 and is presented in partnership with the Society for Human Resource Management, Vermont State Council, (SHRM), the Vermont Department of Economic Development and Best Companies Group.
Vermont Business Magazine As summer continues, families across Vermont are looking to their own backyards to safely get outdoors, taking to the road to see and stay in new nearby destinations that they may not have otherwise thought to discover. Along with providing a responsible way to enjoy a change of scenery, these local trips are ensuring that even more Vermont communities can benefit from tourism. In Vermont alone, Airbnb hosts statewide earned nearly $1.7 million from welcoming guests living within 300 miles during the month of June, and in many destinations, hosts have earned more welcoming local guests than they did in June 2019. The top trending destinations for local travel in Vermont -- with percentage increases in host income from nearby guests -- include: Killington (68%), Stratton (52%) and Stowe (32%).
Vermont Business Magazine Funding is now available for organizations and projects across the state of Vermont through the Spark Connecting Community second round of 2020 grant making. Spark awards grants in the range of $500 to $3,000 to further grassroots work that benefits the people and projects of Vermont communities. First-time grant writers are encouraged to apply. Applications will be accepted through 5:00 p.m. Thursday, October 15, 2020.
Vermont Business Magazine The Scott Milne for Lieutenant Governor campaign announced today the endorsement of former Vermont Governor Jim Douglas. Governor Douglas joins Governor Phil Scott and 38 currently elected Republican legislators to have endorsed Scott Milne for Lt. Governor ahead of the August 11th primary. Jim Douglas was governor of Vermont from 2003 to 2011.