Vermont budget cuts keep revenues ahead of projections

first_imgSecretary of Administration Neale F. Lunderville has released General Fund revenue results for the month of July, the first month of Fiscal Year 2010. General Fund revenues totaled $83.54 million for July 2009, +$0.62 million or +0.75% above the $82.91 million consensus revenue forecast for the month and year-to-date.“While the General Fund finished above target for the first month of the new fiscal year (FY 2010), this was achieved only after the FY 2010 target was reduced on July 16th,” said Secretary Lunderville. “The pattern of quarterly reductions that we saw throughout FY 2009 has continued into the new fiscal year,” said Lunderville.The monthly targets reflect the recently revised Fiscal Year 2010 Consensus Revenue Forecast that was adjusted downward by the Emergency Board on July 16, 2009. The State’s Consensus Revenue Forecast is normally updated two times per year in January and July. However, with the unstable economic situation, the Emergency Board has been scheduling interim revenue reviews. The next consensus forecast is scheduled to be reviewed by the Emergency Board in mid-November, 2009.Personal Income Tax receipts are the largest single state revenue source, and are reported Net-of-Personal Income Tax refunds. Personal Income Tax receipts for July were $45.35 million, +$1.51 million or +3.44% ahead of the monthly target. Sales & Use Tax fell short of target by -$0.06 million (-0.33%) and Rooms & Meals Tax was +$0.40 million (+4.32%) above target for July. Corporate Income Tax receipts of $0.90 million significantly fell below target for the month by -$0.99 million or -52.42%.The remaining tax components include Insurance, Inheritance & Estate Tax, Real Property Transfer Tax, and “Other” (which includes: Bank Franchise Tax, Telephone Tax, Liquor Tax, Beverage tax, Fees, and Other Taxes). Results for July were as follows: Insurance Tax, $0.36 million (-6.44%); Estate Tax, +$0.46 million (+43.74%); Property Transfer Tax, +$0.06 million (+9.26%); and other, -$0.72 million (-10.28%).Transportation FundSecretary Lunderville also reported on the results for the non-dedicated Transportation Fund Revenue, revenue of $15.99 million for the month or -$0.45 million (-2.73%), below the monthly target for July. Revenue from the Gasoline Tax, Diesel Tax and Motor Vehicle Purchase & Use Tax were all below target for the month of July, while Motor Vehicle Fees and Other Fees were both above target. The Transportation Fund revenue results for July were: Gasoline, $5.26 million or -13.68% below target; Diesel Tax, $0.54 million or -13.20% below target; Motor Vehicle Purchase & Use Tax, $2.97 million or -0.79% below target; Motor Vehicle Fees, $5.77 million or +5.48% above target; and Other Fees, $1.45 million or +15.23% above the monthly target.Education FundSecretary Lunderville released revenue results for the “the non-Property Tax” Education Fund revenues (which constitute approximately 11% of the total Education Fund receipts). “The Education Fund receipts totaled $11.88 million for the month of July, or -$0.43 million (-0.36%) below the $11.92 million consensus revenue target for the month. The Education Fund revenue results for July were: Sales & Use Tax, $9.39 or -0.33%; Motor Vehicle Purchase & Use Tax, $1.49 million or -0.76%; and Lottery Transfer, $1.0 million – which was exactly on target. There was no Education Fund Interest targeted or recorded for July.ConclusionSecretary Lunderville concluded that “July is normally a relatively low revenue month and is historically a poor predictor of the year to come as a whole. However, it is important to note that the July 2009 revenue receipts for each of the three major funds fell well below the corresponding receipts for July 2008 as follows: General Fund, -13.58%; Transportation Fund, -2.27%; and Education Fund, -9.46%. We cannot be certain when we will reach the bottom of this recession and begin a genuine recovery. We continue to be vigilant for future revenue declines,” said Lunderville. Source: Secretary Lunderville’s office. August 14, 2009.last_img read more

Read more on Vermont budget cuts keep revenues ahead of projections

Telfer and Grimble crucial to team’s offensive succcess

first_imgAfter a 42-29 win against Syracuse, No. 2 USC now shifts its focus to its Pac-12 opener against No. 21 Stanford Saturday in Palo Alto, Calif.Though Stanford will no longer have quarterback Andrew Luck, USC coach Lane Kiffin thinks the Cardinal still feature many weapons to utilize on the field.Unselfish · USC coach Lane Kiffin praised sophomore tight ends Randall Telfer (left) and Xavier Grimble (right) for their blocking against the Orange. Grimble also scored a 22-yard touchdown in the fourth quarter. – Carlo Acenas | Daily Trojan“They seem to have leaned on the running game, which is still really good,” Kiffin said. “They still have a really good offensive line and a great front seven. They’re going to be tough all year long for whoever they play.”To neutralize Stanford’s running game, USC will have to subdue running back Stepfan Taylor, who has 185 yards and two touchdowns on the ground this season.Kiffin also noted Stanford’s multiple front defensive scheme and how it can cause trouble for any offense.“It puts pressure on everybody — on your offensive line, on your tight ends in protection and your backs in protection and your receivers and their hot routes,” Kiffin said. “Anytime you play these multiple front defenses, everybody has got to be on the same page.”Looking back to last week’s win against Syracuse, Kiffin repeated his praise for the team in its ability to adjust to the weather delay at MetLife Stadium in East Rutherford, N.J.“Our players did a really good job, handled the situation well, came out and played a really good second half,” he said.Kiffin also recognized the efforts of the redshirt freshmen tight end duo of Xavier Grimble and Randell Telfer, who have made their presence felt in the blocking game.“Xavier and Randell played really well. They only got one catch between the two of them, but they’re very unselfish,” Kiffin said. “They block extremely well in the run game and for those outside screens.”The Trojans will look to continue their winning ways and capitalize on their strengths, but Kiffin and the team concede that doing so against the consistent Cardinal will be no easy task.“They’re really veteran when you look at their defense. They’ve been together for a really long time,” Kiffin said. “Their players are really smart, and they don’t make very many mistakes. You got to play really well to beat them.”last_img read more

Read more on Telfer and Grimble crucial to team’s offensive succcess

Domestic Violence Oversight Board Discusses Next Steps in Response to Statistics

first_imgMIAMI, Florida – In an effort to inform the public about domestic violence and the work of the Domestic Violence Oversight Board (DVOV), on Jan. 8, the board live-streamed its first meeting of the year from the Miami-Dade County Commission Chambers at the Stephen P. Clark Center.Vice Chairwoman Rebeca Sosa was in attendance; she was also the prime sponsor of the ordinance to transfer the administrative jurisdiction of the DVOB from the Mayor’s purview to the Office of Community Advocacy under the Board of County Commissioners.Every nine seconds in the United States a woman is assaulted or beaten by her intimate partner. In 2017, more than 10% of the homicides in Miami-Dade County were related to domestic violence. The year 2018 was one of the deadliest on record in recent history, with 44 domestic violence-related deaths, representing 14-15% of all homicides countywide.“Despite the fact that the number of reported domestic violence decreased by approximate 23% in the last decade, it is clear domestic violence and sexual assault remain a pressing public health issue, on all levels,” said Chairman of the DVOB Miguel De Grandy. “The board, through its Gaps and Needs Workgroup began a preliminary analysis of available data from key stakeholders and partners to conduct an overview of the current domestic violence continuum of care. The workgroup concluded its analysis and found significant gaps in addressing the needs of victims and survivors in our community.”The workgroup will present its findings and recommendations to the full DVOB at the March 25, 2019 meeting for adoption and the final report will be presented to the Miami-Dade County Commission in a subsequent meeting.The DVOB has made significant progress in 2018 by presenting its annual report and a series of recommendations adopted and acted upon by the BCC. One is the commission of a comprehensive study on the state of Intimate Partner Violence in our community. The Workgroup’s report will serve as the basis for the more in-depth study that looks at Miami-Dade County’s Coordinated Community Response to Domestic Violence.In addition, the DVOB recommended an expedited construction of a second domestic violence shelter for those seeking safety. This new state of the art LEED Certified facility with a kennel to accommodate the family pets will be completed by the end of 2020 and will add 60 beds to the current inventory of shelter beds dedicated for those needing an undisclosed location to seek refuge.The Domestic Violence Oversight Board serves in an advisory capacity to the Board of County Commissioners with respect to all issues affecting or relating to domestic violence. The 15-member board appointed by the Miami-Dade County Commission and County Mayor includes survivors of domestic violence, service providers, judges, law enforcement, victim advocates, and other stakeholders.last_img read more

Read more on Domestic Violence Oversight Board Discusses Next Steps in Response to Statistics

James Paxton injury: Update, timetable for return and Yankees rotation options

first_imgIt seems that the injury bug has followed the Yankees into the 2020 season.On Wednesday, the Yankees announced that starter James Paxton would be out for three to four months after undergoing surgery on his back. Earlier today, LHP James Paxton underwent a microscopic lumbar discectomy with removal of a peridiscal cyst. The surgery was performed by Dr. Andrew Dossett in Dallas, Texas. His approximate timeline to return to Major League action is 3-4 months.— Yankees PR Dept. (@YankeesPR) February 5, 2020MORE: When is Opening Day 2020?The news is brutal for the Bombers and Paxton. The Yankees faced similar troubles early last season when Luis Severino was shelved early in spring training with a shoulder issue. Severino missed most of the season while nursing the injury but did make a few starts down the stretch.Paxton’s situation is different, for a number of reasons: He’s not dealing with an arm injury, for one. He’s also set to be a free agent after the season, which could absolutely hurt his value in the immediate.Here’s what you need to know about Paxton’s injury:James Paxton injury update— Paxton threw 25 throws from 60 feet on March 11 and all went well. The lefty said he felt pain free.— Should all proceed smoothly, Paxton will begin throwing on Wednesday, March 11. — On March 5, Paxton told reporters he would begin throwing work within the next week, potentially as early as Friday, March 7.— The Yankees on Feb. 6 announced that Paxton would be out for three to four months after undergoing surgery to remove a peridiscal cyst from his back.Earlier today, LHP James Paxton underwent a microscopic lumbar discectomy with removal of a peridiscal cyst. The surgery was performed by Dr. Andrew Dossett in Dallas, Texas. His approximate timeline to return to Major League action is 3-4 months.— Yankees PR Dept. (@YankeesPR) February 5, 2020The surgery includes making a small incision along the affected area of the spine, and removing bone and disc material that can protrude and press on sensitive nerve areas in the back. It is a rare type of cyst that affects discs in the spine (per cyst can cause back pain and leg pain, depending on where it’s located.This is especially unfortunate for Paxton, considering he is a free agent following the season and would likely miss time into June or later, depending on how much work he gets in after being cleared to throw.James Paxton injury historyPaxton has dealt with an unfortunate injury history throughout his career:2019: Dealt with a knee injury that sidelined him for a month during the season. Also dealt with a sore glute later in the year, but was day-to-day.2018: A back injury sent him to the disabled list.2017: Dealt with a strained pectoral muscle, landed on the DL.2015: Landed on the DL with a strained tendon on the middle finger of his throwing hand.2014: Had a lat strain that saw him spend time on the (then) disabled list.MORE: Gerrit Cole is safe, ‘special’ $324 million bet for YankeesYankees’ rotation without PaxtonAs it stands, the Yankees’ rotation is still solid even without Paxton. 1. Gerrit Cole2. Luis Severino3. Masahiro Tanaka4. J.A. Happ5. Open competitionBefore the injury, Paxton likely would have slotted as the No. 2 starter behind Cole, splitting up the righties at the top of the rotation. The Yankees have several in-house candidates to break camp with the team:— Deivi Garcia, top prospect who will make his major league debut at some point during 2020.— Jordan Montgomery, who returned from Tommy John surgery in 2019.— Michael King, a top prospect who also was injured in 2019.— Jonathan Loaisiga, formerly an MLB Top 100 prospect, could spend time in the bullpen this season.last_img read more

Read more on James Paxton injury: Update, timetable for return and Yankees rotation options