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Consultant Larry Pikes outlines evidence‑based adequacy model, recommends cautious use of foundation approach
Summary
Professor Larry Pikes described the structure and assumptions of an evidence‑based adequacy model and discussed how foundation formulas can equalize school funding but require careful long‑term funding commitments.
Professor Larry Pikes, who said he continues to hold an academic leadership title and consults on school finance, spoke to the joint committees about foundation formula design and the evidence‑based adequacy model his team uses.
Pikes described four parts of an evidence‑based model: staffing for core instruction (teachers, principals), added resources for students who struggle (tutors, extended‑day and summer programs), school‑level noninstructional supports (counseling, nursing, library/media), and central‑office and facilities costs. He said the model estimates the personnel and nonpersonnel resources a prototypical school needs and then applies Vermont‑specific salary and benefit levels to produce dollar estimates.
On foundation formulas,…
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