Vermont's Funding Formula and ACT 127 Changes

 Pupil weights are a mechanism in Vermont’s statewide education funding formula to adjust for variations in the cost of educating students. Pupil weights are relevant to all school districts and homestead property taxpayers because they directly influence a school district’s locally adjusted homestead property tax rate. Act 127 (2022) made noteworthy changes to pupil weights that may significantly impact local tax rates. Because of these upcoming changes and their relevance to local school budgets and property tax rates, the Joint Fiscal Office (JFO) compiled this issue brief to address frequently asked questions regarding pupil weights. This issue brief is meant to help legislators and Vermonters understand the mechanics of pupil weights and the changes made by Act 127. 

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