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Joint Fiscal Office: education fund uses rising while pupil counts fall, increasing pressure on property taxes

Vermont Senate Education Committee · April 7, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At an April 7 Senate Education Committee briefing, Joint Fiscal Office analyst Julia Richter told lawmakers statewide education fund uses rose from under $1.5 billion in 2009 to about $2.5 billion projected for FY27 while pupil counts declined, a combination that drives up per‑pupil costs and places more pressure on property tax revenue.

Julia Richter of the Joint Fiscal Office told the Senate Education Committee on April 7 that the state education fund has grown substantially over the last decade while the long‑term average student count has fallen, a dynamic that increases per‑pupil costs and shifts funding pressure toward property taxpayers.

"None of the numbers in the slide deck have been adjusted for inflation," Richter said as she walked members through charts showing total statewide uses of the education fund rising from below $1.5 billion in 2009 to a little over $2.5 billion projected in FY27. She noted that pandemic‑era federal ESSER funds inflated overall education dollars but are not…

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