Introduced by Representative Obuchowski of Rockingham
Subject: Education; school district spending adjustment; two-year average
Statement of purpose: This bill proposes to stipulate that the school district spending adjustment shall be based on an average of spending over a two-year period.
AN ACT RELATING TO CALCULATION OF SCHOOL DISTRICT SPENDING ADJUSTMENT
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 32 V.S.A. § 5401(12) and (13) are amended to read:
(12) “Excess spending” means the most recent two-year average of:
(A) the per-equalized pupil amount of:
(i) the district’s education spending, plus any amount required to be added from a capital construction reserve fund under 24 V.S.A. § 2804(b); minus
(ii) the portion of education spending which is approved school capital construction spending or deposited into a reserve fund under 24 V.S.A. § 2804 to pay future approved school capital construction costs;
excess of 125 percent of the average of the prior two fiscal years of statewide
average district education spending
per equalized per‑equalized
pupil in the prior fiscal year, as determined by the commissioner of
spending adjustment” means the greater of: one or a fraction in which the
numerator is the average of the district’s education spending plus
per equalized per‑equalized pupil, for the
school year two most recent school years; and the denominator is
the average base education payment for the school year two
most recent school years, as defined in section 4001 of Title 16.
Sec. 2. 16 V.S.A. § 4010(b) and (f) are amended to read:
commissioner shall determine the long-term membership for each school district
for each student group described in subsection (a) of this section. The
commissioner shall use the actual average daily membership over two consecutive
years, the latter of which is the current school year.
If, however, in one
year, the actual average daily membership of kindergarten through twelfth grade
increases by at least 20 students over the previous year, the commissioner
shall compute the long-term membership by adding 80 percent of the actual
increase, to a maximum increase of 45 equalized pupils.
purposes of the calculation under this section, a district’s equalized pupils
shall in no case be less than 96 and one-half percent of the district’s
equalized pupils in the previous year.
The Vermont General Assembly
115 State Street