08-05-2018 10:33 via vtdigger.org

Budget to see $44M boost from surplus

Tom Kavet, economist for the Vermont Legislature. File photo by Anne Galloway/VTDiggerThe state budget got a $44.2 million boost Monday afternoon after the Emergency Board met to the revise the revenue forecast to account for surplus tax dollars.Legislative economist Tom Kavet and administration economist Jeff Carr told the board that at a minimum, the state can expect money available in the general fund to be $44.2 million higher than previously predicted. The number will likely be even larger,
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