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Douglas Announces Achievement Awards and $1.6 Million in Community Development Grants

Mon, 04/14/2008 - 8:00pm -- tim

Gov. Douglas Announces
Achievement Awards and $1.6 Million in Community Development Grants
municipalities honored for outstanding community development projects
MONTPELIER, Vt. — (April 15, 2008) Governor Jim Douglas on has announced the award
of $1.6 million in community development grants to six communities that will provide
affordable housing, preserve jobs, and create shelter and housing for victims
of domestic violence.
The largest Vermont Community Development Program award –

UVM med school faculty take leading role in journal

Mon, 04/14/2008 - 8:00pm -- tim

BURLINGTON, Vt. - Three members of the University of Vermont (UVM) College of Medicine department of pediatrics will serve in national editorial leadership roles as part of an upcoming change at Pediatrics, the peer-reviewed journal of the American Academy of Pediatrics (AAP) and preeminent journal in the world in its field.

Governor Douglas orders cuts on state travel expenses

Sun, 04/13/2008 - 8:00pm -- tim

Douglas Administration to
Reduce State Employee Travel
Limits will save about $1 Million
Vt. – (April 12, 2008) The Douglas
administration Friday notified state managers that effective immediately all
out of state travel requiring overnight stays must be approved by the Secretary
of Administration.  This authority had previously been delegated to most
agency and department heads
“Our ultimate goal is to reduce out of state travel by at least

Senate Passes Leahy-Sanders Formula for Mortgage Relief

Wed, 04/09/2008 - 8:00pm -- tim

WASHINGTON (Thursday, April 10) The U.S. Senate has passed legislation authored by Vermont's two U.S. Senators Patrick Leahy (D) and Bernie Sanders (I) that would bring nearly $20 million in emergency relief to Vermont's neighborhoods and communities, to quickly redevelop and resell or rent abandoned and foreclosed homes and help stabilize home values, rents and local economies.

State executive payroll freeze FAQ

Wed, 04/09/2008 - 8:00pm -- tim

Savings, and the answers to other FAQs, for
the temporary FY09 salary freeze for State of Vermont exempt employees over $60,000:
Executive Branch Alone:
Ø      Approx. $1 Million in Savings
Ø      871,000
+ $92,600 (If
elected officers—whose salaries are set in statute—participate)
= $963,600
There are currently 359 exempt employees
(those not covered by the Union contract) in the Executive Branch earning more
than $60,000/yr.
Ø      There

Vermont High School Students Struggle with Financial Literacy

Wed, 04/09/2008 - 8:00pm -- tim

National Survey Shows Vermont High School Students Struggle with Financial Literacy
MONTPELIER, Vt.Vermont high school seniors scored slightly above the national average in the Jump$tart Coalition for Personal Financial Literacy 2008 survey. However, the overall score for Vermont students was 50.3 percenta failing grade. Nationally, high school seniors answered only 48.3 percent of the questions correctly.

VTrans Identifies $3 Million in Spring Pavement Improvements

Wed, 04/09/2008 - 8:00pm -- tim

VTrans Identifies $3 Million in Spring Pavement Improvements
MONTPELIER -- The Vermont Agency of Transportation (VTrans) will rejuvenate nearly 80 miles of roadway during a supplemental paving program that will take place this spring.
Governor Jim Douglas in March instructed VTrans to develop a special $3 million program that will improve the condition of selected state and class one town highways that incurred some of the worst damage caused by this year’s extreme winter. Legislative leaders endorsed the Governor’s proposal.

Vermont Median Real Estate Prices Slipped In Early Winter

Tue, 04/08/2008 - 8:00pm -- tim

Vermont Median Real Estate Prices Slipped In Early Winter
MONTPELIER ­ Median prices of single-family homes in Vermont fell a bit in late fall and early winter compared to a year earlier, though the decreases were much less than were seen in many other states, according to the April - May issue of Vermont Property Owners Report. The slight dip came after several years of declining sales volume in Vermont.

Vermont ranks high in cost of rental housing

Tue, 04/08/2008 - 8:00pm -- tim

National report shows Vermont housing ranks high among
least affordable rural states
Vermont’s high cost of housing highlighted in
2007-2008 housing affordability report
year Vermont is the eighteenth most expensive state in the nation for renters
compared with 52 jurisdictions, including D.C. and Puerto Rico, according to a
new report jointly released by the National Low Income Housing Coalition
(NLIHC), a Washington, DC-based housing advocacy group, and the Vermont
Affordable Housing Coalition.

Engelberth Achieves Truss Setting Milestone at Spruce Camp

Mon, 04/07/2008 - 8:00pm -- tim

Engelberth Achieves Truss Setting Milestone
at Spruce Camp
Stowe, Vermont: 
Engelberth Construction, Inc. of Colchester marked a major milestone at the end
of February on the new Spruce Camp Base Lodge at Spruce Peak. 
Over the course of the winter, the future base lodge that will serve as Stowe
Mountain Resort's primary source for skier services rose out from underneath
the heavy snows as crews began erecting the main timber trusses of the 80-foot
clear span octagon timber frame.