A key House committee has given preliminary approval to a tax package
that would raise roughly $26 million, putting it on a collision course
with the governor because it includes provisions he opposes.
As federal and state resources continue to dry up, in Vermont, where there’s a strong independent streak, many
cities and towns are trying to consolidate their basic services while also
maintaining local autonomy.
If the plan were approved, the state would refund taxes paid
over the past several years to businesses that have been paying the so-called
cloud tax on software sold remotely since it went into effect in 2006.
The Shumlin administration announced Monday
morning that state collections of taxes and fees during March exceeded expectations. But the figures released by the administration showed that the transportation fund receipts were off.
Cities and towns across the state are coping with dwindling tax
revenue, and they’re trying to do more with less. In Franklin County,
the City and Town of St. Albans are exploring whether they can
effectively merge the two communities into one in an effort to more
efficiently provide services.
revenues have finally matched levels that were recorded before the
economic downturn that started in 2008. A new revenue report also shows that Tropical Storm Irene
didn’t have much of an overall impact on the state’s main tax sources.