Saturday February 16, 2013

Vt. revenues up in most categories in Jan.

MONTPELIER (AP) -- New figures show that Vermont state revenues were up in most categories last month, coming in slightly ahead of projections.

In the results released Thursday, Administration Secretary Jeb Spaulding said January was a good month for the state treasury. General Fund revenues in January were $2.3 million, or 1.6 percent, above forecasts. Seven months into the current fiscal year that ends June 30, general fund revenues total $750 million, three-tenths of one percent above the target figure.

The non-dedicated transportation fund receipts in January exceeded forecasts by about three-quarters of one percent. Year-to-date the fund is about one-tenth of one percent above target. But the non-property tax education fund receipts for January were about one-tenth of one percent below expectations.

Report that prompted school lockdowns
was false alarm

COLCHESTER (AP) -- Police say a report of a man with a rifle near two schools in Colchester, turned out to be false alarm.

Police received information Thursday afternoon about two students who said they saw a man holding what appeared to be a rifle in the woods near the Mallets Bay School. Police put that school and Colchester Middle School on lockdown while they searched the area.

They later found a man surveying property near the area. He was wearing clothing similar to what the students described and was carrying surveying tools that may have been mistaken for a firearm. He had no weapons.

Vt. House advances pension forfeiture

MONTPELIER (AP) -- The Vermont House has advanced a proposal to block public employees convicted of certain crimes from collecting their full pensions. The bill would allow a court to order the forfeiture of pensions if a former employee is convicted of fraud or embezzlement. The proposal follows revelations last year that a Vermont State Police employee, Sgt. James Deeghan, had been padding his overtime reports. Deeghan pleaded guilty and faces up to two years in prison and the repayment of more than $200,000 from his pension over six years.