While I say that they get more snow, I'm skeptical the difference is as large as it turns out. I have some inside information on Jay's snow reporting from a Lyndon State College student that is good friends with a former snow reporter there.
1) They have no set stakes or any true system for measuring snow. The person stated its too windy and snowfall varies too much to only measure in fixed locations. The range of snowfall given on the report is there to give you an approximation of what you'll find on the hill. Most days it could be 0-24".
2) Its mostly an eyeball and gut feeling on snowfall. Snow Reporters can get very good at estimating snowfall over time, but when giving snowfall ranges what often ends up happening is the upper number is the drifted side of the trail. As skiers we are drawn to the "deeper side of the trail" so say you ski a run and the whole right side it was knee deep and billowing. "There was at least 15 inches out there!" That's what happens when you don't measure in the same place every single time. You end up almost cherry picking the deep lines and that's how much snow fell.
3) The upper number is not necessarily the summit snowfall. Its just the "higher end" of what you'll find out on the hill. Whether that means drift depths or what I have no idea. This source said they'll often take their first runs on a powder day down The Face and in that area of terrain. Like Admin said, the ridgeline is wind-swept and barren rock a lot of the time. That snow has to end up somewhere. It usually ends up on The Face Chutes. Apparently it fills in fairly evenly too. So 12" falls and it ends up being 18-20" in The Face Chutes.