How Does Vermont Pay for Schools?
Understanding how Vermont funds its education system is essential, especially as property taxes and school budgets remain key concerns this election season. Vermont Public's education reporter Lola Duffort breaks down the process in a concise video explainer.
The video highlights the complexities of our funding system, including key terms such as the yield bill, homestead and non-homestead taxes, the education fund, and the CLA (common level of appraisal).
Dive into this informative resource to better understand how local decisions on school budgets impact taxpayers statewide and how Vermont ensures equity in education funding.
Watch the full video and explore the glossary of terms here: https://www.youtube.com/watch?v=C8dRaVnEb0U