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ERIC Number: ED452688
Record Type: Non-Journal
Publication Date: 2001-Jan-15
Pages: 45
Abstractor: N/A
Reference Count: N/A
ISBN: N/A
ISSN: N/A
School Construction Report.
Klein, Stephen; Perrault, Mark; Teachout, Sara; Hilgendorf, Catherine; James, Brad; Savage, Stuart
This report addresses the adequacy and availability of the state of Vermont's assistance for K-12 school construction and the issues that are creating state legislative concern. Issues examined are (1) the annual state obligation for school construction expenditures exceeding the amount of capital bill funding projected to be available for this use; (2) the current state law's reimbursement levels at a fixed 30 percent of allowable costs which has caused some towns to express concerns over funding adequacy; (3) the opportunities and issues created for Vermont from the national trends in federal funding and equity related court cases; and (4) the lack of readily available sources for funds for long-term school construction needs. Appendices contain the capital outlay financing formula, the system for rating proposed school construction projects, the annual appropriations for school construction, the amount bonded annually for school construction, and statistics on the equalized pupils sorted by growth rate. (GR)
For full text: http://www.leg.state.vt.us/jfo/nwslttr.htm.
Publication Type: Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Vermont Legislative Council, Montpelier.
Identifiers - Location: Vermont