-A A +A


Senate Appropriations close to passing 'tight' budget

Sat, 04/25/2015 - 9:44am -- tim

by Elizabeth Hewitt As the Senate Appropriations Committee hones in on a final version of the General Fund budget package for fiscal year 2016, things are tight. “Our options are very, very limited,” Senator Jane Kitchel, D-Caledonia, said Friday. The committee aims to pass the budget bill out on Monday, and plans to get the bill through the Senate by the end of next week. The House General Fund budget totaled $1.47 billion.

House passes bipartisan Welch legislation to curb prescription drug abuse

Sat, 04/25/2015 - 5:37am -- tim

The House of Representatives has passed bipartisan legislation authored by Rep. Peter Welch (D-VT) and Rep. Tom Marino (R-PA) to combat prescription drug abuse by improving the distribution process for prescription drugs.  The legislation, which was unanimously approved on a voice vote, was cosponsored by Rep. Judy Chu (D-CA) and Rep. Marsha Blackburn (R-TN).

Weekly unemployment claims bounce

Fri, 04/24/2015 - 2:06pm -- tim

Vermont Business Magazine Weekly unemployment claims rose again for the week of April 18, 2015, and are near 1,000 for the first time in nearly two months. The transition from the end of the winter recreation season is resulting in a seasonal increase in unemployment claims. There were 980 new, regular benefit claims for Unemployment Insurance in Vermont, an increase of 213 from the previous week's total, but 125 fewer than they were a year ago.

Caledonia County Republicans oppose extending sales tax to services

Fri, 04/24/2015 - 1:03pm -- tim

Caledonia County Republicans have registered their strong opposition to any broadening of the Vermont sales and use tax to include services. The Caledonia County Republican Committee took the action unanimously at its monthly meeting on April 20. The action was prompted by the April 15 advocacy of the sales tax extension by Democratic/Progressive Senator Tim Ashe, Chair of the Vermont Senate Finance Committee.

Fewer than 50 layoffs expected among Vermont state workers

Fri, 04/24/2015 - 10:44am -- tim

by Elizabeth Hewitt According to the secretary of the administration, fewer than 50 Vermont state employees may be laid off under the proposal cut $10.8 million in labor and personnel costs in the fiscal year 2016 budget. The labor savings target was first proposed by Governor Peter Shumlin in January, and was approved by members of the House when the body passed H490, the budget bill, last month.

Ledyard Financial Group declares quarterly dividend

Fri, 04/24/2015 - 10:39am -- tim

Ledyard Financial Group (Ticker Symbol: LFGP) announced Thursday a regular quarterly dividend of $0.48 payable May 29, 2015 to shareholders of record as ofMay 8, 2015. Strength in the Company’s core businesses is supporting the ability to continue with its dividend payouts and ensure that its shareholders benefit from the Company’s improved earnings.

ECFiber connects its 1000th customer

Thu, 04/23/2015 - 4:52pm -- tim

First Congregational Church at Thetford Hill, VT, the oldest meeting house in continuous service in the state of Vermont, has become the one thousandth customer connected to ECFiber’s network.  To celebrate the occasion, ECFiber Chairman Irv Thomae presented a commemorative certificate to Rona Kinsley, Interim Pastor at the church.

Rotary Club of Montpelier names John Snell Citizen of the Year

Thu, 04/23/2015 - 2:18pm -- tim

John Snell was recently honored by the Rotary Club of Montpelier with the Capital Award as Citizen of the Year. A number of friends and colleagues shared stories about John’s extraordinary volunteer work and business successes including David Harrison, who has known John for 60 years, Bev Hill, Kim Bent for Eric Love, Rob Spring -- John’s business partner for 20 years, John’s wife Liz Snell, Nancy Sherman read greetings from Michael Sherman, and Paul Hartman.

Vermont Community Loan Fund awarded Granite State Economic Development Corporation grant

Thu, 04/23/2015 - 2:06pm -- tim

The Vermont Community Loan Fund (VCLF) has been awarded a $5,000 grant by Granite State Economic Development Corporation (GSDC). The Vermont Community Loan Fund is a nonprofit, mission-driven alternative lender dedicated to creating healthy communities and financial stability for all Vermonters. VCLF’s lending creates opportunities for low-income, low-wealth Vermonters, creating and preserving quality jobs for the small businesses that are the foundation of the state’s economy.

Leahy to host FBI Director James Comey in Vermont Friday

Thu, 04/23/2015 - 1:19pm -- tim

At the invitation of Senator Patrick Leahy (D-Vermont), Federal Bureau of Investigation Director James Comey will visit Vermont Friday, April 24. Together, Leahy and Comey will tour the digital laboratory – the Leahy Center for Digital Investigation – at Champlain College in Burlington, Vermont. Champlain College President Don Laackman will join Leahy and Comey on the tour, which will be followed by a press availability.