Special Report
Education

Vermont

January 04, 2005 1 min read
  • Save to favorites
  • Print

Vermont is putting in place a new school finance system in the 2004-05 school year that provides full state funding. The system is based on two tiers. The first is categorical aid, which reimburses districts for the actual costs of transportation and special education and provides support for small schools. On average, the state reimburses districts for 60 percent of their special education spending and 48 percent of their transportation expenditures. The second tier provides money to cover about 80 percent of each district’s budget, supplying all revenue outside of categorical aid, federal funds, private grants, and tuition revenue. Each district sets its own level of education spending. No local effort is required: The education property tax in Vermont is a statewide tax. In addition to the education property tax, the state earmarks portions of other taxes for education: one-third of the revenue from purchase and use taxes, and one-third of the money from sales and use taxes. Vermont receives some $17 million each year for education from the state lottery.

In March 2024, Education Week announced the end of the Quality Counts report after 25 years of serving as a comprehensive K-12 education scorecard. In response to new challenges and a shifting landscape, we are refocusing our efforts on research and analysis to better serve the K-12 community. For more information, please go here for the full context or learn more about the EdWeek Research Center.

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Assessment Webinar
Rethinking STEM Assessment: Strategies for Administrators
School and district leaders will explore strategies to enhance STEM assessment practices across their district, within schools and classrooms.
Content provided by Project Lead The Way
Federal Webinar Keeping Up with the Trump Administration's Latest K-12 Moves: Subscriber-Exclusive Quick Hit
EdWeek subscribers, join this 30-minute webinar to find out what the latest federal policy changes mean for K-12 education.
Artificial Intelligence Live Online Discussion A Seat at the Table: Math & Technology: Finding the Recipe for Student Success
How should we balance AI & math instruction? Join our discussion on preparing future-ready students.

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Briefly Stated: June 11, 2025
Here's a look at some recent Education Week articles you may have missed.
5 min read
Education Quiz What Is the #1 Factor Boosting Students' STEM Motivation? Take This Weekly Quiz
Test your knowledge on the latest news and trends in education.
1 min read
Education Briefly Stated: June 4, 2025
Here's a look at some recent Education Week articles you may have missed.
8 min read
Education Quiz Why Did A Court Dismiss the Lawsuit Against Lucy Calkins? Take This Weekly Quiz
Test your knowledge on the latest news and trends in education.
1 min read