11.29.2018
On November 20 2018 Vermont Secretary of Administration Susanne Young announced October revenue results for the State of Vermont. The month of October was predictably a bounce-back month for state revenues. Monthly revenue collections in the State’s General Fund and Transportation Fund both exceeded their respective consensus cash flow targets during October. Receipts in the State’s Education Fund lagged consensus monthly expectations during the month October because of disappointing receipts in the Sales & Use Tax. Overall combined receipts in all three funds through October were above the cumulative $657.58 million consensus cash flow target by $18.69 million (or +2.84%) over the first four months of fiscal year 2019.
