Senators hear that four competing foundation formulas for Vermont schools aren’t directly comparable
Fiscal analysts told a Vermont Senate committee that four foundation-formula proposals use different bases and assumptions — making direct comparisons misleading — and urged clearer common definitions before lawmakers pick a model that will affect school funding and property-tax pressure.
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Members of a Vermont Senate committee were told that four competing “foundation formula” proposals for school funding cannot be compared directly because each uses different bases, district constructs and assumptions, a complication that could materially change how much money districts receive and how the state’s school tax rate is affected.
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