The Education Fund was supported by Meals & Rooms and a strong month for lottery sales. #vttaxes #vteconomy
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This is the case for more of us this year because last year the governor and the Legislature worked together on an affordability package (Act 71 of 2025) that provided $13.5 million in tax relief for Vermonters. #vttaxes #vteconomy #vtpoli
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The committee's version lands at roughly a 7% average increase. That's painful, but a far cry from the 12% spike projected in December. #vttaxes #vtpoli #vtschools
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The legislation provides a significant tax break to individuals making between $46,000 to $80,500, with proportionally higher rates for heads of households and married couples. #vttaxes #vtpoli
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The State’s General Fund, Transportation Fund, and Education Fund receipts were a combined $378.85 million, representing collections -$0.33 million, or 0.09% below the $379.17 million monthly target. #vttaxes #vteconomy
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The good news is that some committees are open to exploring new non-property tax revenue ideas. The bad news is that the appropriations committees are discussing new ways to spend local monies. #vtpoli #vttaxes #vthousing
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One problem with going after the high spenders is that few towns are consistently at the top of the list; between fiscal 2012 and fiscal 2026, 88 different towns made the top 25 list. #vtschools #vttaxes #vtpoli
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Over the past five years property taxes have risen over 40%, and everyone, no matter what district or party they come from, sees this as the most pressing issue for Vermonters. #vtpoli #vttaxes
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Against the backdrop of continued federal foreign, fiscal, immigration, and trade policy uncertainty, the latest staff recommended consensus revenue forecast update for fiscal years '26, '27, and '28 calls for essentially “holding the line.” #vteconomy #vttaxes #vtpoli
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The state’s General Fund, Transportation Fund, and Education Fund receipts were a combined $214.4 million, representing collections -$17.2 million, or 7.4%, below the $231.6 million monthly target. #vttaxes #vteconomy #vtpoli
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The way Act 73 is structured, everything is dependent on the Legislature approving a new governance structure to reflect the fact that we’re now educating 20% fewer K-12 students than we were 20 years ago in order to “right size” the system. #vtpoli #vtschools #vttaxes
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The FY25 increase was nearly 13.8% and resulted in Republicans gaining several seats in the Legislature in the subsequent 2024 general election. #vtpoli #vttaxes
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The State’s General Fund, Transportation Fund, and Education Fund receipts were a combined $287.0 million, representing collections -$4.9 million, or 1.68%, below the $291.9 million monthly target. #vteconomy #vtpoli #vttaxes
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The top concerns were workforce, taxes and fees, housing and healthcare. #vteconomy #vtlabor #vtinsurance #vthealth #vthousing #vttaxes
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Total General Fund revenues for September were $250.2 million, $9.0 million or 3.7% above the $241.2 million monthly cash flow target, driven primarily by Personal Income Tax receipts that were $9.81 million, or 7.2%, above target. #vttaxes #vteconomy #vtpoli
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Town leaders in Windham wonder why some of their neighbors faced nearly four-fold increase in their property tax bills after a town-wide reappraisal this year. #vtpoli #vttaxes #vteconomy
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Total General Fund revenues for August were $146.7 million, -$11.0 million, or -7.0%, below the $157.7 million monthly consensus cash flow target, driven largely by Personal Income Tax receipts that were -$8.8 million, or -10.6% below target. #vteconomy #vttaxes
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