The General Fund, Transportation Fund and Education Fund all exceeded their monthly consensus cash flow targets, corresponding to the annual fiscal 2024 consensus forecast update as adopted by the emergency board at its January 2024 meeting. Revenue collections for the […]
Tag: Education Fund
Letter
‘Not acceptable’
That was how Governor Scott responded to the Nov. 30 letter from the Tax Commissioner, which projected an 18.5% increase in the average statewide education property tax rate for next year. The annual letter, required by law, bases the […]
State News
State expects an ‘unprecedented’ $90 million surplus in the education fund
School tax rates likely to decrease By Peter D’Auria/VTDigger This spring, Vermont lawmakers may have a welcome question on their hands: what to do with a $90 million surplus in the state’s education fund. State tax officials unveiled the projected […]
2021 E-Editions
Mountain Times – Volume 50, Number 49 – Dec. 8-14, 2021
Publish Please wait while flipbook is loading. For more related info, FAQs and issues please refer to DearFlip WordPress Flipbook Plugin Help documentation.
State News
Legislation restructures Education Fund, cuts property taxes
On March 21, the House passed the tri-partisan Education Finance Reform Bill, H.911 on a vote of 85-54. The bill provides a restructuring of the Education Fund, updating the Vermont personal income tax code to streamline it with the federal changes and […]