PAI: Vermont school funding questions answered
Public Assets Institute Vermont’s education funding system is built on fairness for students, fairness for taxpayers, and local control. The statewide tax base supports school spending voted by each community. Each school district in Vermont sets its own budget and spending per pupil on or around Town Meeting Day. And all school taxes go into a single pot, the Education Fund. The Legislature sets a school tax rate schedule that applies to primary residences in all towns, so residents know their school tax rates based on their town’s voted per-pupil education spending.