1

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

__________

SCHEDULE 13G

INFORMATION STATEMENT PURSUANT TO RULES 13d-1 AND 13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)

Casella Waste Systems, Inc.
-----------------------------------------
(Name of Issuer)

Common Stock 
-----------------------------------------
(Title of Class of Securities)

147448-10-4
-----------------------------------------
(CUSIP Number)

*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).

(Continued on following page(s))

(Page 1 of 15 Pages)

2
CUSIP NO.   868808B-10-7           SCHEDULE 13G        PAGE   2   OF  15   PAGES
---------------------                              -----    -----      

(1)     NAMES OF REPORTING PERSONS                 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                

WESTON PRESIDIO CAPITAL II, L.P. ("WPC2")
---------------------------------------------------------------------

(2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)   [   ]  (b)   [ X ]

--------------------------------------------------------------------- 

(3)     SEC USE ONLY

---------------------------------------------------------------------

(4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

UNITED STATES
---------------------------------------------------------------------

(5)     SOLE VOTING POWER                    
NUMBER OF                                                              -0-
SHARES              --------------------------------------------------------
BENEFICIALLY          (6)     SHARED VOTING POWER                  
OWNED BY                                                           775,370 
EACH               --------------------------------------------------------
REPORTING            (7)     SOLE DISPOSITIVE POWER               
PERSON WITH                                                             -0-
--------------------------------------------------------
(8)     SHARED DISPOSITIVE POWER              775,370

--------------------------------------------------------

(9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

775,370 SHARES
---------------------------------------------------------------------

(10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES*                                                         [   ]

---------------------------------------------------------------------

(11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
7.92%
---------------------------------------------------------------------

(12)     TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------

3
CUSIP NO.   868808B-10-7           SCHEDULE 13G        PAGE   3   OF  15   PAGES
---------------------                              -----    -----      

(1)     NAMES OF REPORTING PERSONS                 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                

WESTON PRESIDIO CAPITAL II, L.P. ("WPC2")
---------------------------------------------------------------------

(2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)   [   ]  (b)   [ X ]

--------------------------------------------------------------------- 

(3)     SEC USE ONLY

---------------------------------------------------------------------

(4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

UNITED STATES
---------------------------------------------------------------------

(5)     SOLE VOTING POWER                    
NUMBER OF                                                              -0-
SHARES              --------------------------------------------------------
BENEFICIALLY          (6)     SHARED VOTING POWER                  
OWNED BY                     775,370   WPCM2 IS A GENERAL PARTNER OF WPC2.
EACH               --------------------------------------------------------
REPORTING            (7)     SOLE DISPOSITIVE POWER               
PERSON WITH                                                             -0-
--------------------------------------------------------
(8)     SHARED DISPOSITIVE POWER    
775,370 SHARES DIRECTLY OWNED BY WPC2.
WPCM2 IS A GENERAL PARTNER OF WPC2.
--------------------------------------------------------

(9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

775,370
---------------------------------------------------------------------

(10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES*                                                         [   ]

---------------------------------------------------------------------

(11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
7.92%
---------------------------------------------------------------------

(12)     TYPE OF REPORTING PERSON*
PN
---------------------------------------------------------------------

4
CUSIP NO.   868808B-10-7           SCHEDULE 13G        PAGE   4   OF  15   PAGES
---------------------                              -----    -----      

(1)     NAMES OF REPORTING PERSONS                 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                

MICHAEL F. CRONIN
---------------------------------------------------------------------

(2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)   [   ]  (b)   [ X ]

--------------------------------------------------------------------- 

(3)     SEC USE ONLY

---------------------------------------------------------------------

(4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

UNITED STATES
---------------------------------------------------------------------

(5)     SOLE VOTING POWER                    
NUMBER OF                                                              -0-
SHARES              --------------------------------------------------------
BENEFICIALLY          (6)     SHARED VOTING POWER                  
OWNED BY                           775,370 SHARES, DIRECTLY OWNED BY WPC2.
EACH                       WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR. 
REPORTING                    CRONIN IS A GENERAL PARTNER OF WPCM2.
PERSON WITH           --------------------------------------------------------
(7)     SOLE DISPOSITIVE POWER               
-0-
--------------------------------------------------------
(8)     SHARED DISPOSITIVE POWER    
775,370 SHARES, DIRECTLY OWNED BY WPC2. 
WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR.
CRONIN IS A GENERAL PARTNER WPCM2.
--------------------------------------------------------

(9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

775,370
---------------------------------------------------------------------

(10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES*                                                         [   ]

---------------------------------------------------------------------

(11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
7.92%
---------------------------------------------------------------------

(12)     TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------

5
CUSIP NO.   868808B-10-7           SCHEDULE 13G        PAGE   5   OF  15   PAGES
---------------------                              -----    -----      

(1)     NAMES OF REPORTING PERSONS                 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                

MICHAEL P. LAZARUS
---------------------------------------------------------------------

(2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)   [   ]  (b)   [ X ]

--------------------------------------------------------------------- 

(3)     SEC USE ONLY

---------------------------------------------------------------------

(4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

UNITED STATES
---------------------------------------------------------------------

(5)     SOLE VOTING POWER                    
NUMBER OF                                                              -0-
SHARES              --------------------------------------------------------
BENEFICIALLY          (6)     SHARED VOTING POWER                  
OWNED BY                           775,370 SHARES, DIRECTLY OWNED BY WPC2.
EACH                       WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR. 
REPORTING                    LAZARUS IS A GENERAL PARTNER OF WPCM2.
PERSON WITH           --------------------------------------------------------
(7)     SOLE DISPOSITIVE POWER               
-0-
--------------------------------------------------------
(8)     SHARED DISPOSITIVE POWER    
775,370 SHARES, DIRECTLY OWNED BY WPC2. 
WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR.
LAZARUS IS A GENERAL PARTNER WPCM2.
--------------------------------------------------------

(9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

775,370
---------------------------------------------------------------------

(10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES*                                                         [   ]

---------------------------------------------------------------------

(11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
7.92%
---------------------------------------------------------------------

(12)     TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------

6
CUSIP NO.   868808B-10-7           SCHEDULE 13G        PAGE   6   OF  15   PAGES
---------------------                              -----    -----      

(1)     NAMES OF REPORTING PERSONS                 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                

JAMES B. MCELWEE
---------------------------------------------------------------------

(2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)   [   ]  (b)   [ X ]

--------------------------------------------------------------------- 

(3)     SEC USE ONLY

---------------------------------------------------------------------

(4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

UNITED STATES
---------------------------------------------------------------------

(5)     SOLE VOTING POWER                    
NUMBER OF                                                              -0-
SHARES              --------------------------------------------------------
BENEFICIALLY          (6)     SHARED VOTING POWER                  
OWNED BY                           775,370 SHARES, DIRECTLY OWNED BY WPC2.
EACH                       WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR. 
REPORTING                    McELWEE IS A GENERAL PARTNER OF WPCM2.
PERSON WITH           --------------------------------------------------------
(7)     SOLE DISPOSITIVE POWER               
-0-
--------------------------------------------------------
(8)     SHARED DISPOSITIVE POWER    
775,370 SHARES, DIRECTLY OWNED BY WPC2. 
WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR.
McELWEE IS A GENERAL PARTNER WPCM2.
--------------------------------------------------------

(9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

775,370
---------------------------------------------------------------------

(10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES*                                                         [   ]

---------------------------------------------------------------------

(11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
7.92%
---------------------------------------------------------------------

(12)     TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------

7
Page 7 of 15 Pages

CUSIP NO.   868808B-10-7           SCHEDULE 13G        PAGE   7   OF  15   PAGES
---------------------                              -----    -----      

(1)     NAMES OF REPORTING PERSONS                 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                

CARLO A. VON SCHROETER
---------------------------------------------------------------------

(2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)   [   ]  (b)   [ X ]

--------------------------------------------------------------------- 

(3)     SEC USE ONLY

---------------------------------------------------------------------

(4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

CANADA
---------------------------------------------------------------------

(5)     SOLE VOTING POWER                    
NUMBER OF                                                              -0-
SHARES              --------------------------------------------------------
BENEFICIALLY          (6)     SHARED VOTING POWER                  
OWNED BY                           775,370 SHARES, DIRECTLY OWNED BY WPC2.
EACH                       WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR. 
REPORTING                    VON SCHROETER IS A GENERAL PARTNER OF WPCM2.
PERSON WITH           --------------------------------------------------------
(7)     SOLE DISPOSITIVE POWER               
-0-
--------------------------------------------------------
(8)     SHARED DISPOSITIVE POWER    
775,370 SHARES, DIRECTLY OWNED BY WPC2. 
WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR.
VON SCHROETER IS A GENERAL PARTNER WPCM2.
--------------------------------------------------------

(9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

775,370
---------------------------------------------------------------------

(10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES*                                                         [   ]

---------------------------------------------------------------------

(11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
7.92%
---------------------------------------------------------------------

(12)     TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------

8
Page 8 of 15 Pages

CUSIP NO.   868808B-10-7           SCHEDULE 13G        PAGE   8   OF  15   PAGES
---------------------                              -----    -----      

(1)     NAMES OF REPORTING PERSONS                 
S.S. OR I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS                

PHILIP W. HALPERIN
---------------------------------------------------------------------

(2)     CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)   [   ]  (b)   [ X ]

--------------------------------------------------------------------- 

(3)     SEC USE ONLY

---------------------------------------------------------------------

(4)     CITIZENSHIP OR PLACE OF ORGANIZATION                      

UNITED STATES
---------------------------------------------------------------------

(5)     SOLE VOTING POWER                    
NUMBER OF                                                              -0-
SHARES              --------------------------------------------------------
BENEFICIALLY          (6)     SHARED VOTING POWER                  
OWNED BY                           775,370 SHARES, DIRECTLY OWNED BY WPC2.
EACH                       WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR. 
REPORTING                    HALPERIN IS A GENERAL PARTNER OF WPCM2.
PERSON WITH           --------------------------------------------------------
(7)     SOLE DISPOSITIVE POWER               
-0-
--------------------------------------------------------
(8)     SHARED DISPOSITIVE POWER    
775,370 SHARES, DIRECTLY OWNED BY WPC2. 
WPCM2 IS A GENERAL PARTNER OF WPC2, AND MR.
HALPERIN IS A GENERAL PARTNER WPCM2.
--------------------------------------------------------

(9)     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON         

775,370
---------------------------------------------------------------------

(10)     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN
SHARES*                                                         [   ]

---------------------------------------------------------------------

(11)     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9           
7.92%
---------------------------------------------------------------------

(12)     TYPE OF REPORTING PERSON*
IN
---------------------------------------------------------------------

9
Page 9 of 15 Pages

ITEM 1(A)        NAME OF ISSUER:

Casella Waste Systems, Inc.

ITEM 1(B)        ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

25 Greens Hill Lane
Rutland, Vermont 05701
c/o Jerry S. Cifor, CFO

ITEM 2(A)-(B)    NAME OF PERSON FILING:

This statement is being filed by Weston Presidio Capital II,
L.P., a Delaware Limited Partnership ("WPC2"), Weston Presidio
Capital Management II, L.P., a Delaware Limited Partnership
("WPCM2"), Michael F. Cronin, Michael P. Lazarus, James B.
McElwee, Carlo A. von Schroeter and Philip W. Halperin. WPCM2
is the general partner of WPC2; Michael F. Cronin, Michael P.
Lazarus, James B. McElwee, Carlo A. von Schroeter and Philip
W. Halpern are the individual General Partners of WPCM2.

Management of the business affairs of WPCM2, including
decisions respecting disposition and/or voting of the Issuer's
shares, is by majority decision of the general partners of
WPCM2.

ITEM 2(B)        ADDRESS OF PRINCIPAL BUSINESS OFFICE:

The address of the principal business office of the persons
filing this satement are set forth in Exhibit B.

ITEM 2(C)        CITIZENSHIP:

See row 4 of cover page for each

ITEM 2(D)        TITLE OF CLASS OF SECURITIES:

Common Stock

ITEM 2(E)        CUSIP NUMBER:    147448-10-4

10
Page 10 of 15 Pages

ITEM 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULES 13D-1(B) OR 13D-2(B),
CHECK WHETHER THE PERSON FILING IS A: Not Applicable

ITEM 4.          OWNERSHIP.

(a)     Amount Beneficially Owned:  See row 9 of cover page for each

(b)     Percent of Class:  See row 11 of cover page for each

(c)     Number of shares as to which such person has:

(i)      sole power to vote or to direct the vote:  see row 5
of cover page for each

(ii)     shared power to vote or to direct the vote:  see row
6 of cover page for each

(iii)    sole power to dispose or to direct the disposition
of:  see row 7 of cover page for each

(iv)     shared power to dispose or to direct the disposition
of:  see row 8 of cover page for each

ITEM 5.          OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

Not Applicable

ITEM 6.          OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER
PERSON.

Under certain circumstances set forth in the limited partnership agreements of
WPC2, WPCM2, the general and limited partners of such entities may have the
right to receive dividends from, or the proceeds from the sale of shares of
Common Stock of Casella Waste Systems, Inc. owned by such entity.

ITEM 7.          IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH
ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
COMPANY.

Not Applicable

11
Page 11 of 15 Pages

ITEM 8.          IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

The reporting persons may be deemed to be a "group" for
purposes of Section 13(d) and 13(g) of the Act and the rules
thereunder; however, each of the reporting persons expressly
disclaims any assertion or presumption that it or the other
reporting persons constitute a "group". The filing of this
statement should not be construed to be an admission that any
of the reporting persons is a member of a "group" consisting
of one or more persons.

ITEM 9.          NOTICE OF DISSOLUTION OF GROUP.

Not Applicable

ITEM 10.         CERTIFICATION.

Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.

Date:  February 13, 1998

WESTON PRESIDIO CAPITAL II L.P.

By:  WESTON PRESIDIO CAPITAL MANAGEMENT II, L.P.

By:  /s/ Michael F. Cronin
-------------------------------------------
General Partner

WESTON PRESIDIO CAPITAL MANAGEMENT II, L.P.

By:  /s/ Michael F. Cronin                              
-------------------------------------------
General Partner

12
Page 12 of 15 Pages

/s/ Michael F. Cronin                              
- -------------------------------------------
Michael F. Cronin

/s/ Michael P. Lazarus                             
- -------------------------------------------
Michael P. Lazarus

/s/ James B. McElwee                               
- -------------------------------------------
James B. McElwee

/s/ Carlo A./ von Schoeter                                  
- -------------------------------------------
Carlo A. von Schoeter

/s/ Philip W. Halperin                             
- -------------------------------------------
Philip W. Halperin

13
Page 13 of 15 Pages

EXHIBIT A

Agreement Relating to Joint Filing of Schedule 13G

The undersigned hereby agree that a single Schedule 13G (or
any amendment thereto) relating to the Common Stock of Casella Waste Systems,
Inc. shall be filed on behalf of each of the undersigned and that this
Agreement shall be filed as an exhibit to such Schedule 13G.

Dated:  February 13, 1998

WESTON PRESIDIO CAPITAL II, L.P.

By:  WESTON PRESIDIO CAPITAL MANAGEMENT II, L.P.

By:   /s/ Michael F. Cronin                              
-------------------------------------------
General Partner

WESTON PRESIDIO CAPITAL MANAGEMENT, L.P.

By:   /s/ Michael F. Cronin                              
-------------------------------------------
General Partner

/s/ Michael F. Cronin                                       
- -------------------------------------------------
Michael F. Cronin

/s/ Michael P. Lazarus                                      
- -------------------------------------------------
Michael P. Lazarus

/s/ James B. McElwee                                        
- -------------------------------------------------
James B. McElwee

/s/ Carlo A. von Schroeter                                          
- -------------------------------------------------
Carlo A. von Schroeter

14

Page 14 of 15 Pages

/s/ Philip W. Halperin                                      
- -------------------------------------------------
Philip W. Halperin

15
Page 15 of 15 Pages

EXHIBIT B

Principal Business Office of Reporting Person

1.       (a)     Weston Presidio Capital II, L.P.
(b)     One Federal Street, 21st Floor
Boston, MA 02110-2004

2.       (a)     Weston Presido Capital Management II, L.P.
(b)     One Federal Street, 21st Floor
Boston, MA 02110-2004

3.       (a)     Michael P. Lazarus
(b)     Weston Presidio Capital Management II, L.P.
343 Sansome Street
Suite 1210
San Francisco, CA 94104

4.       (a)     Michael F. Cronin
(b)     Weston Presidio Capital Management II, L.P.
One Federal Street, 21st Floor
Boston, MA  02110-2004

5.       (a)     James B. McElwee
(b)     Weston Presidio Capital Management II, L.P.
343 Sansome Street
Suite 1210
San Francisco, CA  94104

6.       (a)     Carlo A. von Schroeter
(b)     Western Presidio Capital Management II, L.P.
One Federal Street, 21st Floor
Boston, MA 02011-2004

7.       (a)     Philip W. Halperin
(b)     Western Presidio Capital Management II, L.P.
343 Sansome Street
Suite 1210
San Francisco, CA 94104