Bill S.220, introduced by Senator Baruth, aims to regulate the growth of per pupil education spending in Vermont school districts for the fiscal years 2028 and 2029. The bill stipulates that a school district's per pupil education spending cannot exceed the sum of its previous year's spending plus an allowable growth amount. This allowable growth is defined as a percentage of the difference between the district's prior year spending and that of the highest spending district, with a minimum allowable growth percentage set at three percent.
The bill outlines the calculation for allowable growth, which involves determining the difference in spending between the district and the highest spending district, dividing that difference by the district's prior year spending, and then applying a nine percent multiplier. Additionally, the act is set to take effect on July 1, 2026.