mikesmith

Economic indicators bode ill for Vt. economy

By VPR | June 10, 2008

State officials say the decline in tax revenues last month is another signal that an economic slowdown has hit Vermont.

State tax revenue report shows more signs of economic downturn

By Bob Kinzel | June 6, 2008

There are new signs that an economic slowdown has hit the state of Vermont. The state’s revenue report for May shows a decline in most major tax sources. And it’s likely that the state will have to downgrade its projections for transportation-related taxes next month. VPR’s Bob Kinzel reports.

VPR News

Interview: Transportation Secretary Neale Lunderville to become administration secretary

By Neal Charnoff | May 15, 2008

Governor Jim Douglas announced today that Secretary of Administration Mike Smith will step down at the end of August. Douglas will appoint Transportation Secretary Neale Lunderville to the post.

VPR News

Pension fund investment plan hits snag in Montpelier

By VPR | April 23, 2008

Governor Jim Douglas’ plan to invest state pension funds in the Vermont Housing Finance Authority is running into opposition.

VPR News

Douglas administration to cut back on state employees’ travel

By VPR | April 14, 2008

In a budget-cutting move, the Douglas administration is reducing out-of-state, overnight travel for state employees.

VPR News

State revenue down for the month of March

By Bob Kinzel | April 9, 2008

There are new signs of a slowdown in Vermont’s economy. According to Administration Secretary Mike Smith, state revenues for March were 10 percent lower than expected. And several consumption taxes have been soft.