News

Vermont utilities’ new contract with Hydro-Québec will begin in 2012 at rates below the existing contract, which phases out over the next five years. Central Vermont Public Service (NYSE-CV) and Green Mountain Power today filed information with the Vermont Public Service Board that shows a starting price of $58.07 per megawatt-hour.

Vermont Public Radio has joined with other public radio stations and public television stations across the country in an unprecedented effort to harness the enthusiasm of the 170 million Americans who watch, listen to, or use the services and programming of public media each month.

Secretary of Administration Jeb Spaulding released the December 2010 General Fund Revenue results today. December is the sixth month of fiscal year (FY) 2011. Driven mostly by strong results in corporate tax receipts, General Fund revenues totaled $101.86 million for December 2010, and were +$3.46 million or +3.51% above the $98.40 million consensus revenue forecast for the month.

There were 1,514 new regular benefit claims for Unemployment Insurance last week, a decrease of 655 from the week before, as the data continued to show great volatility. Altogether 14,070 new and continuing claims were filed, an increase of 814 from a week ago and 1,715 fewer than a year earlier.

Vermont’s Blue Ribbon Tax Structure Commission will release its final report on
January 13, 2011 at 11 am in State House Room 11 in Montpelier. The Commission was
created by legislative act in May 2009. The Commission’s purpose, as set forth by statute, was
to examine Vermont’s tax system and recommend improvements for the future. The

In an effort to prepare all of New England’s learners with the skills and knowledge they need for full participation in postsecondary education, work and life, the Nellie Mae Education Foundation promotes the integration of Student-Centered Learning across the region.

The Perinatal Project of the Vermont Child Health Improvement Program (VCHIP) in the University of Vermont Department of Pediatrics was selected as the 2010 Champion for Babies by the March of Dimes Vermont Chapter.

Thirteen Vermont institutions will receive $169,338 in Cultural Facilities Grants during a ceremony this Thursday, January 13th at the Vermont State House. Awards will be presented in the Cedar Creek Room beginning at 3:00PM.

CoreLogic (NYSE: CLGX), a leading provider of information, analytics and business services, today released its November Home Price Index (HPI) which shows that home prices in the US declined for the fourth month in a row.

Spartan Death Race in Pittsfield, Vermont, has thrown down the gauntlet to 20 winners of the reality television game show "Survivor."

On Wednesday, January 12th at 9 am in Room 27 of the Statehouse the Senate economic development committee (SEDHGA) will hold a hearing on a Committee draft bill to change the method by which FairPoint is regulated in Vermont. Following the hearing, the Committee will hold a press briefing at 10:30 am in the Cedar Creek Room, Statehouse.

Across New England, single family home sales dropped an average of -5.0% in 2010, the 2011 Housing Market Outlook and Forecast from RE/MAX of New England states. Some New England states, like Vermont, bucked the trend however, and were not hit as hard as other states by the continued housing market woes this year.