15-02-2018 02:18 via vtdigger.org

Per pupil school spending growing less than 1 percent

Vermont education finance manager Brad James. File photo by Hilary Niles/VTDigger
Vermont’s school spending in the past year is coming in far below expectations, meaning property owners will see a significant drop in expected taxes.
The tax department had predicted a 3.5 percent increase in school spending, which coupled with a $50 million deficit in the education fund left over from last year necessitated a tax increase of 9.4 cents on each $100 of assessed property value.
But the math ha
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