VPR News
VPR News
Vermont Paying Out More Than Expected In Tax Refunds
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The state is paying out some larger than expected income tax refund checks this winter. And while income tax revenues are running 10% higher than a year ago, they’re not meeting projections for this year.VPR News
State Revenues Go Up, But Not Nearly Enough To Fill Budget Gap
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Vermont took in about $20 million more in revenues than expected in the second half of 2010. And economic forecasters say the state should be able to raise about $27 million more than expected for this fiscal year.VPR News
Vermont’s Revenue Picture Worsens
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There are new signs that Vermont is not coming out of the recession as quickly as anticipated. The Douglas Administration says an unexpected drop in state revenues means there will need to be more cuts in next year’s budget.VPR News