Economists say the state of Vermont will collect millions more in revenue in the next two years. It's a result of the federal tax bill President Donald Trump recently signed into law.

State economists updated the revenue forecast Thursday. They say the general fund will take in $8.1 million more in the current fiscal year than previously thought.

In the fiscal year 2019, $29.7 million more is expected. The forecast could change however as the tax law is better understood.

The state's education and transportation funds are also expected to take in more than previous forecasts suggested.

The economists say most of the revenue growth is due to the federal tax law but there has also been a slow, steady improvement in the state's economy.