Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Agency of Education to begin rulemaking on school-district reserve-account standards with a target completion date
Summary
Committee members reviewed draft statutory language (proposed by counsel) directing the Agency of Education to complete rulemaking on recommended reserve-account standards in partnership with school-business officials by Dec. 31, 2026; AOE staff said they will standardize reporting and return with draft definitions and timelines.
The House Ways & Means Committee discussed proposed statutory language that would require the Agency of Education to complete rulemaking to adopt recommended reserve-account standards for school districts by a target deadline.
John Gray, counsel from the Office of Elected Senate Counsel, presented draft language that would amend prior 2024 rulemaking authority and replace an "initiate by" clause with a firm completion deadline. Gray summarized the proposed direction for rulemaking: the Agency of Education, in partnership with the Vermont Association of School Business Officials, would complete rulemaking to update district quality standards to include recommended reserve fund-account standards by Dec. 31, 2026.
Gray read the draft’s core directives: the agency would be required to (1) prescribe minimum (and potentially maximum) reserve-balance levels…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
