Vermont Needs More Money For Education As Student Enrollment Drops

The bureaucracy of public education always needs fed even if student enrollment is down.

This is the case in Vermont where taxes will need raised to cover costs of their public education system.

Vermont’s tax commissioner is forecasting a projected $72 million increase in school spending will drive up the average education property tax bill by more than 6% next year.

A key driver of the expected rise in spending is health care. The nonprofit group that provides health insurance to school employees has filed proposed premium rate increases ranging from 12.9% to 14.7% with the state. 

“Given the state of Vermont’s declining student population and performance scores, it’s difficult to argue the escalating tax rates do much more than maintain a status quo of rising costs and growing inequity,” 

Info courtesy of VT Digger

Published by Hoosier Econ

Located out of Central Indiana. Blogger of economics, politics and societal trends.

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