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Peter Shumlin

Vermont economists say revenues will fall just short of goal

The state's revenue forecast got a slight downgrade Tuesday, due both to effects of international economic turbulence on export-dependent Vermont and some factors closer to home, like a December of minimal snow on the ski slopes.

Despite that news, Gov. Peter Shumlin vowed he would deliver a balanced budget proposal when he presents his fiscal 2017 spending plan to lawmakers on Thursday.

"While this news makes our job a bit more difficult," he said, "it is manageable."

Consulting economists Jeff Carr, of Williston-based Economic and Policy Resources, and Tom Kavet, of Kavet, Rockler and Associates of Williamstown, presented a consensus revenue...