Public Assets Institute

@publicassets.bsky.social

Analyzing Vermont state budget, taxes, and the economy from the people’s perspective. PO Box 942, Montpelier, Vermont 05601

More than a year after OBBBA cut essential healthcare and nutrition programs to provide tax cuts to the wealthiest Americans, we took a deep dive into the enrollment data and found that in Vermont, enrollment in Medicaid is declining. Nearly 10,000 Vermonters lost coverage, with more losses expected

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Julie’s on her way back from @epi.org EARN CON with lots of new research questions: looks like we may be digging into the privatization of Medicare dollars, changes to data collection in decennial census, fiscal impacts of migration enforcement, and the need for minimum wage increases. Stay tuned.

On average, 7% to 9% of Vermonters lived in poverty between 2023 and 2025 -- 46,000 to 57,000 people, including 9,000 to 11,000 kids. This number likely undercounts the number of Vermonters struggling to make ends meet. Vermont’s Basic Needs Budget thresholds are 2-3x the federal poverty thresholds.

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As the cuts and requirements from OBBBA take effect, nearly 2,000 Vermont kids are no longer receiving SNAP (3SquaresVT). Women who are solo caregivers and their kids are more likely to rely on Medicaid and 3SquaresVT, so changes to these critical programs disproportionately impact them.

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Median sales prices are up in Vermont from pre-pandemic levels, but the growth in price varies from a low 38% in Bennington County to a high of 90% in Essex County. Median sale prices in Chittenden County saw growth in the lower end of the spectrum, but remained higher than the rest of the state.

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Did you catch our very own Julie Lowell on Moments with Melinda earlier this month? The whole show is worth a watch, but if just have a moment, start with this clip on what it will take to build an equitable society – and we can make that urgent work less daunting.

As we head into Labor Day weekend, it’s worth noting that most Vermont workers’ pay has not kept pace with productivity. The @epi.org explains that the gap has widened in recent decades because more of the gains have flowed to corporate profits, executives, and shareholders.

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Nationally, since the 1970s, more men than women have been in labor unions. But in Vermont, women’s union membership has surpassed men’s for more than 20 years. Vermont ranks 13th in the country for overall union representation.

Bar chart showing union membership by sex across the United States as compared to Vermont.

If you’ve been looking for a new apartment recently, you may have experienced some sticker shock. While there are reports of a cooling market in some areas, in the last 5 years median rent increased by 35%. More than 40% of units cost over $1,500/month in 2024, compared with 15% in 2019.

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Stephen Klein retired from decades of service as the chief fiscal officer of the Vermont Legislature’s Joint Fiscal Office (JFO), providing fiscal analysis, budget evaluation, performance oversight and fiscal policy support for the Legislature.

After more than 14 years, Steve Gold is retiring from the Public Assets Board. During his tenure, we grew from a team of 3 to a team of 7 dedicated to building a Vermont that works for all. Steve plans to get out on the water more with all his new free time.

photograph of 8 people with a cake celebrating the retirment of board chair Steve Gold Photograph of a man in a brimmed hat with a beard in a boat on a lake with a fishing pole in the background

This Juneteenth the Richard Kemp Center is hosting a Block Party with the Root Social Justice Center’s ongoing “I am Vermont Too” project; the Rokeby Museum is offering free admission; VSARN is sharing a series of actions on their social media. This is in not a complete list – please help expand it!

Whether they hit this fiscal year or in the future, the federal cuts are deep, and the consequences are clear: harm to the most vulnerable and more riches to the rich. And that should be more than enough reason for Vermont policymakers to act.

Progress on Vermont’s gender wage gap is slowing. From 2014 through 2021, women’s median wage grew at 3.5 times the rate of men’s, closing the gender wage gap from 16 cents to just 7 cents per dollar. But between 2021 and 2024, that trend reversed. Men’s wages grew four times as quickly as women’s.

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In addition to limited new construction, other factors are constraining the supply of housing. The 2023 floods permanently destroyed 300 units & temporarily damaged 1,300 more. The increasing number of short-term rental properties is also contributing to the shortage, particularly in certain areas.

Map of Vermont that shows percentage change in number of short term rentals with the most change in Chittenden, Essex, Franklin, Lamoille, and Windham counties.

Before the Covid pandemic, the numbers of Vermont men and women working remotely were roughly the same. During the pandemic, the number of people working from home spiked. But after Covid’s peak, as telework declined, more men than women returned to the office. publicassets.org/research-pub...

While many men returned to the workplace, women kept telecommuting

Before the Covid pandemic, the numbers of Vermont men and women working remotely were roughly the same. This is according to the U.S. Census, which asked how workers usually got to work the week prior...

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