Vermont loves to tout its many media accolades, frequently showing up on top-ten lists praising us for our health, happiness, and sustainability. Pull aside the curtains, however, and anyone who is honest with themselves can only come to one conclusion: Vermont is in trouble.Read more
The Legislature has been considering how to handle the State Board of Education’s forced merger plan since they convened the second week in November. Many towns feel they were treated unfairly, having submitted alternative governance proposals in line with the Act 46 process. They felt so strongly, in fact, that more than 35 towns have joined multiple lawsuits challenging the law and, perhaps more importantly, the manner in which the State Board of Education has implemented it.Read more
Latest data shows Vermont's unemployment rate has dropped from 2.7% to 2.4% from February 2018 to February 2019. Below is a graphic from the Vermont Department of Labor (DOL) detailing our civilian labor force, as well as a statement from DOL Commissioner Lindsay Kurrle.Read more
Editor’s note: This commentary is by David Coates, a retired managing partner at KPMG — Vermont and a member of the Vermont Business Roundtable. He was a member of the 2010 state Commission on the Design and Funding of Retirement and Retiree Health Benefits Plans for State Employees and Teachers. He lives in Colchester.
Just recently the state’s financial statements were published for the fiscal year ending June 30, 2018. For perhaps the first time in history, the state’s balance sheet shows a negative net worth of $200 million. In other words, our liabilities exceed our assets. By contrast, the fiscal year ending June 30, 2017, showed our net worth was a positive $1.3 billion, so the logical question would be, what happened to give us a variance to the tune of $1.5 billion?Read more
There’s a lot on the table for technical education in Vermont.
The House Committee on Commerce and Economic Development brought H.533 to the floor, a bill with a strong focus on adult technical education and adult recruitment and a great compliment to year's Act 128 (which focused largely, though not exclusively, on school-aged Vermonters). Among other things, this bill allocates funds to training that results in industry-recognized certification or a registered apprenticeship, provides training for businesses with 50 or fewer employees, and explores the creation of a fully integrated adult career and technical education system. The bill also takes steps to face recruitment and relocation needs, seeks to address licensing barriers for medical professionals, and works to connect military families with Vermont jobs.
Senate Committee on Education worked on 19-1201, which passed out of committee with a vote of 5-0-1, that would require Vermont Technical College to create a pilot program for delivering degrees through career technical education centers around the state. The stated goal of the legislation is to have 70% of Vermont’s workforce holding some form of post-secondary degree or certificate by 2025. The bill also asks AOE to assist with the alignment of degree programs with workforce priority needs.
The House Committee on Education brought forward H.516, which would require schools to expose students to skilled labor training opportunities as early as 5th grade, promoting the idea that the trades can offer the right person just as much success, if not more, than a college education.Read more
Ethics in Vermont are under threat. The House Committee on Government Operations is considering a draft bill that will undermine accountability, transparency, and efficacy of ethics standards for Vermont State Officials. There is a hearing and possible vote by the Committee scheduled for Friday.
The draft committee bill proposes the following changes to current law -Read more