Revenues Ahead Of Target For Fiscal Year

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(Host) Vermont’s top budget official says the state is likely to collect more in taxes and fees in the next budget year.

Administration Secretary Jeb Spaulding says revenues have been stronger than expected each of the past four months.

When the state ended the fiscal year in June, it had collected $110 million more than it had a year earlier.

But Spaulding says he doesn’t think the state can expect as much growth next year.

(Spaulding) "Things are a little bit more subdued, although we do expect some improvement."

(Host) The governor and the leaders of the Legislature’s finance committees will meet later this week to hear economists’ recommendations about revenues.


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