Vermont governor bets on tax cuts after big surplus
Governor Richard Snelling said Vermont ends fiscal 1977 with about 19 million more in general tax revenues than appropriated, forecasting a 6 to 7 million tax cut next year. He urged repeal or permanent adoption of the 1969 nine percent income tax surcharge and noted possible windfall use, while reviewing legislative proposals on property tax relief and school aid formulas. The surplus could total around 21 million with highway funds included, and the surcharge repeal remains a likely candidate.
MENTIONED IN THIS ARTICLE
Vermont
Snelling
House
Ways and Means
Peter Giuliani
R-Montpelier
Town and Schools Set EDA Money Priorities
Bennington Town Manager Louis C. Savelas and Supt. George A. Sleeman outline priorities for the 1.722 million in EDA public works funds. Town priorities include a 746000 filtration plant and 300000 for lead pipe removal. School priorities cover Mt Anthony roof and heating repairs, 400000 to remove mobile classrooms, and 60000 for North Bennington renovations. Sleeman says Mt Anthony projects will lower future tax assessments and aid all Mt Anthony districts. BSD’s need is less critical.
MENTIONED IN THIS ARTICLE
Bennington
Louis C. Savelas
George A. Sleeman
Federal Economic Development Administration
Mt. Anthony Union High School
Mt. Anthony Union Junior High School
North Bennington Graded School
Sleeman
Mt. Anthony
EDA
Crash claims youth. Sunday's victim dies
Albert Leon Gardner aged 24 died Tuesday night at St Peter's Hospital Albany after a Sunday night crash on Fairview Street in which his car overturned striking a tree. Funeral arrangements were pending Hanson Walbridge Bennington. Gardner lived with his mother in Hoosick Falls. No further details released at press time.
MENTIONED IN THIS ARTICLE
Albert Leon Gardner
Fairview Street
St. Peter’s Hospital
Albany
N.Y
Hanson-Walbridge
Bennington
Gardner
Hoosick Falls
Alaska pipeline shut fifth time after oil spill
Inside National notes a fifth shutdown of the Alaska pipeline following a spill that coated over five miles of terrain. Additional items include a museum column on Joseph Rudd's letter, EDA funding and Veterans Home site notes, and various regional briefs across pages 2 through 13.
MENTIONED IN THIS ARTICLE
Alaska
Joseph Rudd
EDA
Veterans Home
John Gould
Arlington
NBC
Marlboro
John Page
National League All-Stars
Budget Office warns slow recovery amid high unemployment
The Congressional Budget Office told Congress that unemployment at 7.1 percent, inflation, and low productivity will improve slowly over the next year or more. The 42 page report cites unused resources and a $500 per person production gap, predicting only a modest 1978 growth that reduces joblessness gradually. White House advisers faced sharp questions as lawmakers pressed for faster youth employment gains and a $1.5 billion bill to fund 200,000 youth job and training positions for 16 to 24 year olds.
MENTIONED IN THIS ARTICLE
Washington
UPI
Congressional Budget Office
Congress
House
Senate Budget Committees
CBO
Senate
Flood engulfs Pa town five dead in 1977 Johnstown flood
Johnstown, Pa marked by a severe flood as the Conemaugh River and its tributaries surged through seven counties. At least five dead, many still missing, and helicopters evacuated about 1,000 people. Police warned looters with orders to shoot if detected. Gov. Shapp declared a disaster area. responders ferried doctors and supplies as the city faced power and communication outages.
MENTIONED IN THIS ARTICLE
Johnstown
UPI
Conemaugh River
Conemaugh Valley
James Coxesman
Harrisburg
National Guard
Milton Shapp
Pittsburgh
Stony Creek
Bethlehem Steel
Carter backs five cent gasoline tax hike plan
President Carter agreed to seek up to a 5 cent increase in federal gasoline taxes to fund transportation programs. The move would replace a stiffer standby tax rejected by the House, aiming to quickly raise about $6 billion annually without substantially curbing consumption.
MENTIONED IN THIS ARTICLE
Carter
Steven Rattner
N.Y. Times News Service
Washington
House
Ways and Means Committee
Transportation
Brock Adams
Ways and Means
Thomas L. Ashley
Ohio
Ashley
Adams
Selectmen Set Compromise Tax Rate In Bennington
Bennington selectmen vote to raise the combined highway and general fund tax rate by 9 cents to $2.14 while using anti-recessional funds to keep the total below the recommended $2.18. Sheridan and Savelas argued for $2.10, but the measure passed after three votes. They plan to fund a backhoe purchase, wage increases, staff salaries, and an assistant town manager largely with anti-recessional funds, leaving about $28,000 unspent. A police clerk dispatcher's funding was deferred.
MENTIONED IN THIS ARTICLE
Bennington
Ronald Higgins
Gerald P. Morrissey
Paul Sheridan
Richard Leake III
Savelas
Sarelas
Sheridan
Selectmen
Also Mentioned on This Page
Pine Island
Willow Park
Rec Center
United Cerebral Palsy of Vermont
By Rob Woolmington
Houghton Lane
BSD
Thomas R. Haley Sr
St. Francis de Sales
Southwest Vermont Supervisory Union
SVSU
Mother Lee
Manchester
North Road
Christopher Evans
Anthony and
Pierette Evans
U.S. 7
Town
Long Trail
Burr and Burton Seminary
Clifford B. Harwood
Evans
David King
King
Rutland Hospital
Karl Bove
Henry Stannard
Dorset
Bove
Stannard
Mt. Aeolus Lane
Budget Office
White House
Charles Schultze
Bert Lance
House Committee
Peter Lackowski
North Bennington
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