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State revenue projections rise again

first_imgSecretary of Administration Michael K. Smith Announces August 2004Revenue Results For The State Of VermontGeneral FundSecretary of Administration Michael K. Smith released September 7 General Fund revenue results forthe month of August, the second month of fiscal year 2005. General Fund revenues totaled$68.18 million for August 2004, $4.86 million or 7.7 % more than the $63.32 million consensusrevenue target for the month. August results were also $9.59 million (or 16.4%) more thanGeneral Fund revenues in August 2003. Year to date, General Fund revenues totaled $148.65million.Secretary Smith noted, We are encouraged that after two months, General Fundrevenues are $9.03 million or 6.5% ahead of expectations.The monthly targets reflect the updated fiscal year 2005 Consensus Revenue Forecast that wasagreed to by the Emergency Board on July 15, 2004. The States Consensus Revenue Forecast isupdated two times per year in January and July.Monthly Personal Income Tax receipts, which are reported Net-of-Personal Income Tax refunds,exceeded target by $1.69 million (or 6.5 %) in August. Personal Income Tax Receipts, by far thelargest single state revenue source, were also up 13.9% from August 2003.All personal incometax revenue categories had positive results except refunds, which were higher than expected.Secretary Smith noted results for the other major General Fund revenue categories were alsoencouraging.Receipts in the Sales and Use Tax were substantially ahead of expectations inAugust (+$1.89 million or 12.5 %), reflecting actual purchases in July. Rooms and Meals taxeswere essentially on target. The Corporate Income Tax also surpassed (+$0.28 million or 30.6%)forecast.Among the other General Fund revenue categories, Insurance and Liquor Taxes surpassed thelatest targets. Estate and Property Transfer Taxes fell short of the forecast for August, althoughboth are ahead of expectations for the first two months of the fiscal year.Secretary Smith concluded the discussion of General Fund results by noting that, We areencouraged to continue the broad-based revenue success which started the fiscal year.General Fund By Major Element (In Millions)Tax Component FY04 YTD FY05 YTD % Change Aug-03 Aug-04 % ChangePersonal Income $63.26 $68.71 8.6% $24.23 $27.60 13.9%Sales & Use $37.43 $36.01 -3.8% $17.09 $16.98 -0.6%Corporate $1.27 $2.65 108.3% $0.63 $1.19 89.2%Meals & Room $14.51 $19.05 31.3% $7.76 $9.99 28.7%Insurance Premium $5.04 $6.07 20.5% $4.76 $5.78 21.4%Inheritance & Estate $1.96 $3.90 99.2% $0.70 $0.32 -54.6%Real Property Transfer $1.78 $2.17 21.9% $0.61 $0.98 60.2%Other $6.53 $10.08 54.5%* $2.81 $5.34 90.1%Total $131.78 $148.65 12.8% $58.59 $68.18 16.4%*Please note that comparisons from prior year are difficult, given the change in tax componentdistribution from FY04 to FY05.Transportation FundSecretary Smith also announced revenue results for the Transportation Fund. TransportationFund receipts for the month were $18.98 million, which surpassed the revenue target by $0.25million or 1.35 %. Total Transportation Fund revenues surpassed August 2003 receipts by $1.01million or 5.6 %. Revenues surpassed projections in Gasoline, Motor Vehicle Fees, and theOther Fees category. Diesel Taxes substantially lagged expectations, while Motor VehiclePurchase and Use Tax revenues were slightly below projections for the month.Transportation Fund By Major Element (In Millions)FY2004 FY2005 % Change August-03 August-04 % ChangeTax Component Y-T-D Y-T-DGasoline $8.79 $11.44 30.1% $4.24 $6.21 46.3%Diesel Fuel $1.85 $1.98 7.0% $1.08 $1.11 3.4%MV Purchase & Use $11.18 $9.34 -16.5% $6.72 $5.25 -21.9%Motor Vehicle Fees $8.22 $9.47 15.2% $4.65 $4.73 1.7%Other $2.50 $3.20 27.9%* $1.27 $1.67 31.5%Total $32.54 $35.42 8.8% $17.97 $18.98 5.6%*Please note that comparisons from prior year are difficult, given the change in tax componentdistribution from FY04 to FY05.Education FundIn announcing the Education Fund results for August, Secretary Smith reported that collectionstotaled $12.84 million in August, up substantially from last year. Due to Act 68 EducationFinance Reform Legislation passed in 2003, the Education Fund now receives two percentagepoints (1/3 of the 6% tax) from the Vermont Sales Tax, and the motor vehicle purchase and usetax.Although Sales and Use taxes were ahead of projections, the motor vehicle purchase anduse tax performed below projections for August, said Secretary Smith.ConclusionThe State of Vermont continued fiscal 2005 ahead of forecast for the General Fund,Transportation Fund and Education Fund, concluded Secretary Smith.last_img read more

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DTI-Antique to start monitoring Noche Buena products next week

first_imgGlen Fernando, provincial office trade and industry specialist of the Department of Trade and Industry (DTI)-Antique, shows the Philippine Standard Safety Certification mark on Wednesday. The DTI will start its regular monitoring of the Noche Buena products and Christmas lights next week. ANNABEL CONSUELO PETINGLAY/PNA The new SRP was immediatelydistributed to retail stores in the province. Glen Fernando, trade and developmentspecialist of DTI-Antique, said on Wednesday they have received the newsuggested retail price (SRP) for Noche Buena products last week. He added that aside from pricemonitoring, the DTI-Antique will also encourage retailers to validate if theChristmas lights they are selling are of certified brands. Fernando said the monitoring of NocheBuena products and Christmas lights will last until the end of December 2019.(With a report from PNA/PN) “The PS mark is proof that the producthas passed the Bureau of Product Standard,” he added, saying that retailersshould also post their Philippine Standard Safety Certification mark. Fernando said the Philippine Standard(PS) and the Import Commodity Clearance sticker will let retailers andconsumers know if the products are certified brands. SAN JOSE, Antique – The Department ofTrade and Industry (DTI) here will start next week the price monitoring ofNoche Buena products.     “Retailers are being reminded thatthey should sell their products within the SRP,” Fernando said.last_img read more

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ICC World Cup Shakib has a point to prove, says Bangladesh coach Steve Rhodes

first_img Cardiff: The tag of world’s premier all-rounder rightfully belongs to Shakib Al Hasan, who is all set to prove a point to his critics, feels Bangladesh head coach Steve Rhodes. Shakib has recently regained his top ODI all-rounder’s position in ICC rankings and Bangladesh’s greatest ever cricketer with more than 5000 runs and 250 wickets in the 50-over format will play a key role for the ‘Tigers’.  There were some doubts surrounding Shakib’s fitness but the coach insisted that he is fine.”Shakib is fine. He is in a great position physically. He had a little problem in Ireland but he’s got over that and is raring to go. He is looking forward to a wonderful tournament. I think he’s got a bit of a point to prove and he probably thinks that as well,” Rhodes was quoted as saying in the ICC website. The talented all-rounder, according to Bangladesh coach was falling off the radar a bit but is now slowly getting back to his best.”He (Shakib) seems to have been a little bit forgotten but now he’s back as the world’s No.1 all-rounder in ODI cricket – and that’s where we think he belongs. But he’s got a point to prove to make sure everybody else believes that.”One area of concern has been the injury to another key all-rounder Mahmudullah Riyad, who is currently nursing a shoulder niggle. Rhodes said: “Mahmudullah’s shoulder is coming along a little slowly. I don’t think it would have been possible for him to bowl against Pakistan in the warm-up game. We are very optimistic that we can get him up and running for the early stages of the World Cup.” highlights For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps. Bangladesh will be up against India for their second Warm-up game. Bangladesh team will be led by Mashrafe Mortaza in World Cup. The World Cup is set to begin on May 30 as England play South Africa. last_img read more

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Dodgers asking Kenta Maeda to take bullpen mentality into rotation spot

first_img“Throwing max effort for just one inning was something that I hadn’t done before. That’s something I’d like to carry over as a starter,” he said. “But I think in general just being aggressive, extremely aggressive in the zone is something I will definitely take away.”Making that adjustment after having a different mentality as a starter his whole career will be “difficult,” Maeda acknowledged. And this is not the first time the Dodgers have asked Maeda to change. Roberts has talked with Maeda before about being more aggressive from the first pitch (particularly after a four-home run outing against the Diamondbacks early last season).“Yeah, we talked about it,” Roberts said. “But until a player sees it really play out on the biggest stage, which Kenta did see – and there’s swing and miss with his fastball and it helps the slider play up even more – then they can buy into it. I think Kenta really feels good about that.”TIMMY TIMETwo-time Cy Young winner Tim Lincecum will try to make another comeback this season. Lincecum is expected to sign a one-year deal with the Texas Rangers.The Dodgers were among the teams represented at Lincecum’s showcase in the Seattle area two weeks ago. They came away favorably impressed with the 33-year-old Lincecum, who has not pitched since 2016 when he went 2-6 with a 9.16 ERA in nine starts for the Angels.Lincecum had offers from multiple teams and the Dodgers were on his short list. With a set rotation and a deep group of relievers vying for spots in the bullpen, Lincecum would have had to carve out a role for himself. The Rangers are expected to move Lincecum to the bullpen, but their pitching staff offers more opportunity if he is able to maintain his recovered velocity.NOTESLeft-hander Hyun-Jin Ryu will make his spring debut Wednesday against the San Diego Padres. Left-hander Rich Hill is expected to face hitters either in a simulated game setting on the back fields or in a ‘B’ game against the Chicago White Sox in the next day or two. … The final game of the Dodgers’ three-game series in Monterrey, Mexico (May 4-6) against the San Diego Padres will be televised by ESPN. The game will be subject to blackout in Southern California. Spotted against right-handed batters, he did not give up a hit in five appearances in the National League Division Series against the Arizona Diamondbacks and the NL Championship Series against the Chicago Cubs and struck out seven of the 15 batters he faced. He remained unmarked in the World Series until surrendering a costly three-run home run to Jose Altuve in the riotous Game 5.Now the Dodgers hope Maeda the reliever is just as much of a revelation to Maeda the starter.“Absolutely. We talked to Kenta and he did a little self-reflection or evaluation this past winter,” Dodgers manager Dave Roberts said. “He saw the benefits of being on the attack from the first pitch and felt that it can translate into that starter role.“What he’s known in baseball is trying to go deeper into games as far as number of pitches as opposed to going with the mindset of going as hard as you can for as long as you can. When you look at guys like Clayton (Kershaw) or Rich (Hill) and the elite guys in baseball that have that mindset, players are sometimes surprised how long they can go and hold their stuff instead of trying to reserve or hold back. I do believe that his effectiveness in the ’pen last year will help him.”Maeda has had two largely effective seasons as a mainstay in the Dodgers’ rotation, going 29-17 with a 3.80 ERA and 1.15 WHIP. But he acknowledged he will “try to remember that Kenta (from the postseason) and try to imitate that” as a starter this season. PreviousLos Angeles Dodgers pitcher Kenta Maeda laughs during spring training workouts at Camelback Ranch in Glendale on Sunday, Feb. 25, 2018. (Photo by Kevin Sullivan/Orange County Register/SCNG)Los Angeles Dodgers pitcher Kenta Maeda during spring training workouts at Camelback Ranch in Glendale on Sunday, Feb. 25, 2018. (Photo by Kevin Sullivan/Orange County Register/SCNG) SoundThe gallery will resume insecondsLos Angeles Dodgers pitcher Kenta Maeda warms up during spring training workouts at Camelback Ranch in Glendale on Sunday, Feb. 25, 2018. (Photo by Kevin Sullivan/Orange County Register/SCNG)Los Angeles Dodgers pitcher Kenta Maeda laughs during spring training workouts at Camelback Ranch in Glendale on Sunday, Feb. 25, 2018. (Photo by Kevin Sullivan/Orange County Register/SCNG)NextShow Caption1 of 3Los Angeles Dodgers pitcher Kenta Maeda laughs during spring training workouts at Camelback Ranch in Glendale on Sunday, Feb. 25, 2018. (Photo by Kevin Sullivan/Orange County Register/SCNG)ExpandGLENDALE, Ariz. — There was a right-handed reliever who pitched very well in a setup role for the Dodgers during their postseason run.Kenta Maeda remembers him.“Of course,” Maeda said through his translator, laughing. “He was pretty good.”A starter throughout his professional career in Japan and with the Dodgers, Maeda was more than “pretty good” in that relief role last October. He was a revelation.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

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5 games in, here’s what we know about Alliance football

first_imgSo what do we know about the Alliance of American Football five weeks into its 10-week regular season?First off, there’s apparently an appetite for spring professional football. Although the quality of play, particularly on offense, doesn’t approach the NFL — nobody said it would, of course — this has not been an amateurish effort. Indeed, as Alliance co-founder Bill Polian stressed from the outset, “These guys are men playing professional football.”Every player on the eight teams is getting an opportunity to display his skills, and lack thereof, to the regular turnout of NFL scouts at AAF games. There’s a longstanding truism in football that whatever you do on a field is on film, and that’s the window into your abilities. “Film doesn’t lie” is how most scouts put it.Those talent evaluators should be most impressed by the performances of the front sevens pretty much throughout the league. If there are Alliance standouts who will quickly catch on with NFL clubs in May and thereafter, look for most of them to come from defenses.And they are allowed to head back to the big league.“There is an official policy, once the regular season begins and ostensibly once training camp begins, we expect the players to stay here for the completion of the Alliance season,” Polian says. “If their team doesn’t make the playoffs, we’d be happy to let him go, other than that they have got to make the commitment throughout the season.“One of the reasons we can do that is our season ends just before OTAs begin (in the NFL), so a player can go back to the NFL and not miss significant OTA time and he is in shape because he has been playing.”That defensive performances have so outshined the offenses shouldn’t be a stunner. Certainly, Polian isn’t surprised.“It is always easier to put together a defense because it’s reactionary,” he explains. “An offense requires choreography and difficult and complicated movements and requires synchronization.”The area the Alliance’s offensive woes have been most pronounced has been the red zone, which often has resembled a dead zone for teams trespassing there. There have been 65 field goals compared to 75 offensive TDs. Five teams aren’t averaging 20 points an outing.Most obvious is the level of performance at quarterback and receiver. To get a full appreciation of how good NFL passers are — even the mediocre ones — an examination of Alliance QBs is educational. For the most part, there are enough off-target throws, even if by a foot or less, to cause interceptions. Plus, the wideouts in general don’t have the hands or agility to make the adjustments we see from, say, Julio Jones or Larry Fitzgerald.Dropped passes have plagued virtually every AAF team, something that will prove worrisome for those receiving invitations to NFL workouts, minicamps and training camps. There will be a significant number of players getting those invites.Off the field, the Alliance has shown staying power — isn’t that what it’s all about? — with good TV ratings, digital participation and solid enough attendance.Weather has been a factor in some cities, including blizzard-like conditions for one game in Salt Lake City. Spring isn’t really sprung in several AAF locales, but the league reports that San Antonio is averaging about 28,000 fans and San Diego has had two crowds of more than 20,000. Generally, attendance has been 10,000 or above, though Birmingham (6,539), Salt Lake (9,302) and Arizona (9,531) have had fewer fans for a game.League co-founders Polian and Charlie Ebersol and chairman Tom Dundon — the major backer who is pouring $250 million into the Alliance — speak glowingly about how many eyeballs are watching. One of the broadcast partners, CBS, even is switching two games from its cable outlet to its main network, including a regular-season contest on April 7, NCAA Final Four weekend.CBS televised the league opener from San Antonio on Feb. 9 and got a 2.1 rating that beat the NBA on ABC.Turner Sports originally signed up for one in-season game and a playoff. It has added two Saturday afternoon matches.NFL Network, the other main AAF broadcaster, has averaged 502,000 viewers, the Alliance says, and saw a rise in audience on a night its game went up against the Academy Awards.“We experienced a 15 percent rise in viewership on NFL Network from Week2 to Week 3, even with our Sunday prime-time game taking place during the Oscars,” Ebersol says. “Our business plan from the beginning was to earn our viewers. We didn’t spend millions on marketing and promotion; we bet the farm that we would earn the attention of fans by putting top-flight football on the field each week and we are thrilled that it paid off. Millions of people have tuned in each week on TV and our platforms and engaged with our product 100 percent organically.”The league also has added sponsors as the schedule progressed, which Ebersol and Dundon point to as evidence the Alliance is addressing the thirst for football in the advertising community once the NFL’s season concludes. Those sponsors include MGM Resorts, New Era, STARTER and TurboTax, with sponsors from the automotive, food and beverage categories in the works.Most of all, the Alliance isn’t losing sight of what it was established to be: a developmental league.“When we started this journey, one thing we wanted it to be is complementary to the NFL and what they are doing,” says San Antonio’s general manager, former Cowboys star fullback Daryl Johnston. “Talking to coaches, one of the things they are frustrated by in this current CBA is the reduction in practice and meeting time. This is what the Alliance would be perfect for, and hopefully at some point in the future for us to bring in some of those (NFL) guys at the back end of the roster … and address some of the areas where the coaches feel there is a need for that development.” The Memphis Express made its home debut at the Liberty Bowl on Saturday, facing off against the Arizona Hotshots. And once again, the Express showed positive signs on defense while struggling offensively, sending the home team to a 20-18 loss and an 0-2 record in the team’s inaugural season in Memphis.last_img read more

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Harbhajan Singh reveals stunning details about ‘champion’ players being allegedly forced out of the…

first_imgAdvertisement 3vvNBA Finals | Brooklyn Vs5tbnuWingsuit rodeo📽Sindre Eu( IG: @_aubreyfisher @imraino ) b8zbruWould you ever consider trying this?😱cCan your students do this? 🌚wRoller skating! Powered by Firework Harbhajan Singh was present at the Agenda AajTak 2019 in New Delhi, where he revealed some shocking details about the 2011 World Cup team players and the dirty politics that are at play behind closed doors. The India team’s off-spinner did not mince his words when he revealed legendary players who played a crucial role in taking India to victory in the 2011 World Cup, were all sidelined for new players by the India team selectors like VVS Laxman and Gautam Gambhir.Advertisement “I don’t know what was the agenda of leaving us all aside. It was like your work is done now you can leave. We have to make a new team. Why do you need a new team? You need it when the team has not won. We won the World Cup and you should take the team forward,” he said.Advertisement He further added how they were all dropped without any proper reason and many players like VVS Laxman retired soon after India won the World Cup. The India team management fails to respect experienced and senior players and is only in a rush to bring in new talents and fresh faces to the field.“You can’t have too many youth and young players and expect them to win the World Cup. These things have been happening in Indian cricket and it continues till date. You need to change these things because the Champions who made India win, should be respected. But this is not the case in India.”Advertisement Harbhajan went on to add, how he, Yuvraj and Gambhir could have played in the next world but they were all dropped from the team. He found the decision ludicrous, “Many players from the 2011 World Cup could have played the next World Cup. Like Me and Yuvi, Gambhir, certainly we could have played the next world cup but we were dropped. ”In the 2015 World Cup, Yuvraj Singh, Virender Sehwag, Harbhajan Singh, and Gautam Gambhir were snubbed by the then team management head Sandeep Patil. The 2015 world cup team only contained four players from the previous World Cup team – Mahindra Singh Dhoni, Ravichandran Ashwin, Suresh Raina, and Virat Kohli.England cricketer Danielle Wyatt trolls Yuzvendra Chahal for being smaller than her! Mary Kom will not compete against Nikhat Zareen in boxing league but Olympics trial bout still on for December 27  Advertisementlast_img read more

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