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Leahy statement on passage of Appropriations bill and government funding

Thu, 02/14/2019 - 4:42pm -- tim

Vermont Business Magazine Senator Leahy: This week, Republicans and Democrats from the House and Senate came together, ignoring the distractions and tweetstorms coming from the White House, and reached an agreement (the Senate today passed the measure 83-16) to fund our government and make responsible investments in the American people. This is not the agreement I would have reached on my own. There are things in this bill that I support, and things that I disagree with, but that is the nature of a negotiation. Everyone had to give something to reach a bipartisan compromise. We had to deal in facts based in reality, not rhetoric based in political fantasy.

Sanders will vote for government funding deal

Thu, 02/14/2019 - 4:35pm -- tim

Vermont Business Magazine Senator Bernie Sanders (I-Vermont) issued the following statement after voting for the agreement to fund the federal government: "While I have concerns about aspects of this bill, I will vote for it because I cannot turn my back on the two million federal employees and private contract workers who would be forced, again, to work without pay..."

Forbes ranks Community Bank third in the nation

Thu, 02/14/2019 - 4:19pm -- tim

Vermont Business Magazine Forbes magazine recently ranked Community Bank N.A. third in the nation for financial performance in a study analyzing 10-key metrics related to growth, asset quality, capital adequacy and profitability for the nation’s 100 largest banks and thrifts. This is the eighth year running that Community Bank NA has ranked among the top 15 banks on the list. In addition, this is the second consecutive year that Community Bank NA is the only bank in Vermont to make the list’s top 10.

Vermont's Court Diversion program celebrates 40 years

Thu, 02/14/2019 - 3:11pm -- tim

Vermont Business Magazine When Keith Gallant of East Braintree heard shots one night and discovered his mailbox had been struck by shotgun slugs, he feared that he and his family had been targeted. Gallant learned otherwise, however, when he met with the teenager who had fired the shots. The meeting was part of the teen’s participation in his local Court Diversion program, a restorative justice alternative to the standard court process for youth and adults charged with a crime.

UVM, MITRE identify more than $2 billion of inefficiencies in US stock market in 2016

Thu, 02/14/2019 - 2:30pm -- tim

Vermont Business Magazine This week, MITRE and the University of Vermont (UVM) released two papers that analyze US financial market dynamics and found more than $2 billion in inefficiencies in 2016, the most recent data available for analysis when the research started. The researchers studied market behavior using Thesys StarMap, the most comprehensive source of publicly available stock market data and the same data used by the US Securities and Exchange Commission for its Market Information Data Analytics System (MIDAS).

Encore completes UVM Medical Center rooftop solar project

Thu, 02/14/2019 - 1:07pm -- tim

Vermont Business Magazine Encore Renewable Energy announced today the commissioning of a 198-kilowattpeak (kWp) solar array on the roof of the UVM Medical Center on Holly Court in Williston, VT. The project began generating solar electricity in December 2018. UVM Medical Center will receive net metering credits at a discount, along with a steady stream of lease revenue from an otherwise unused rooftop. Together, these will result in approximately $124,000 of total value to UVM Medical Center over the 25-year life of the system.

Leahy reports on border security and government funding deal

Thu, 02/14/2019 - 10:45am -- tim

Vermont Business Magazine Senate Appropriations Committee Vice Chairman Patrick Leahy (D-Vermont) Wednesday night released the bipartisan conference agreement to make responsible investments in border security and finish work on the remaining seven appropriations bills to fund the government. The $333 billion bipartisan package funds the nine remaining federal departments and their agencies, rejects President Trump’s demand $5.7 billion border wall and a deportation force, and makes responsible investments in border security long supported by Democrats.

Study: Gasoline is more important than healthcare for Americans

Thu, 02/14/2019 - 9:36am -- tim

Vermont Business Magazine Americans collectively spent $388 billion on gasoline in 2018, averaging to 34 million fill-ups a day. GasBuddy has issued its 2019 Consumer Sentiment on Gasoline Study that finds that the necessity, perception, and price of gasoline adversely impacts Americans across all age groups and income brackets, with a staggering 86 percent of Americans depending on gasoline for their everyday lives. GasBuddy provides real-time gasoline price reports in Vermont and across the US.

LaMontagne: Closing the Salisbury Hatchery doesn’t make financial sense

Thu, 02/14/2019 - 4:49am -- tim

by Eric LaMontagne Nearly two out of every three Vermont residents hunt, fish or watch wildlife. This is second only to Alaska as a percentage of population participation in these activities. In fact, according to a 2015 University of Vermont study, “the most recent national survey of wildlife-related expenditures, Vermont residents and out-of-state visitors spent approximately $685 million a year on hunting, fishing, and wildlife viewing (U.S Fish and Wildlife Service 2012).”

Franklin farmers complete Nutrient Management Plan

Wed, 02/13/2019 - 11:24pm -- tim

Vermont Business Magazine Dairy and beef farming requires as much attention to the land as to the animals, and this winter 13 local farms dug into the details of improving their land. Through six weeks of class, farmers have worked to complete a Nutrient Management Plan. The plans will guide their nutrient applications and crop rotations for the coming years, aiming to improve farm productivity, soil health, and water quality.

Vermont infrastructure earns overall GPA of 'C' from ASCE

Wed, 02/13/2019 - 4:48pm -- tim

 Vermont Business Magazine The 2019 Report Card for Vermont’s Infrastructure was released by the Vermont Section of the American Society of Civil Engineers (ASCE) today, giving nine categories of infrastructure an overall grade of “C.” The report assigned the following grades: aviation (C-), bridges (C+), dams (C), drinking water (C-), energy (B-), roads (C+), solid waste (B-), stormwater (D+) and wastewater (D+). A “C” is the same overall grade the state received in the 2014 Report Card for Vermont’s Infrastructure.