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BILL AS INTRODUCED 2007-2008

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H.779

Introduced by Representatives French of Randolph, Donahue of Northfield, Haas of Rochester and Hutchinson of Randolph

Referred to Committee on

Date:

Subject:  Education; budget calculation; divided question; construction costs

Statement of purpose:  This bill proposes to exclude those portions of the budget attributable to approved school construction costs and to amounts deposited into construction reserve funds, regardless of the length of time they remain deposited, from the calculation that determines whether the school budget will be presented to the voters as a divided question.

AN ACT RELATING TO EXCLUSION OF APPROVED SCHOOL CONSTRUCTION COSTS AND OF AMOUNTS DEPOSITED INTO A CONSTRUCTION RESERVE FUND FROM THE CALCULATIONS OF THE MAXIMUM INFLATION AMOUNT

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1.  16 V.S.A. § 563(11)(B) is amended to read:

(B)  If the proposed budget, less the amount of education spending that is approved school capital construction spending or is deposited into a reserve fund pursuant to 24 V.S.A. § 2804 to pay future approved school capital construction costs, or both, including that portion of tuition paid to an independent school designated as the public high school of the school district pursuant to section 827 of this title for capital construction costs by the independent school which has received approval from the state board of education, using the processes for preliminary approval of public school construction costs pursuant to subdivision 3448(a)(2) of this title, contains education spending in excess of the Maximum Inflation Amount, and the district’s education spending per equalized pupil in the fiscal year preceding the year for which the budget is proposed was in excess of the statewide average district education spending per equalized pupil in that same fiscal year, as determined by the commissioner of education, then in lieu of any other statutory or charter form of budget adoption or budget vote, the board shall present the budget to the voters by means of a divided question, in the form of vote provided in subdivision (ii) of this subsection subdivision (11)(B).

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Sec. 2.  EFFECTIVE DATE

This act shall apply to budgets for fiscal years 2010 (academic year

2009–2010) through 2014 (academic year 2013–2014).



Published by:

The Vermont General Assembly
115 State Street
Montpelier, Vermont


www.leg.state.vt.us