ERIC Number: ED455584
Record Type: Non-Journal
Publication Date: 2001-Apr-13
Reference Count: N/A
The Great Balancing Act: Financial Equity and Local Control. Can Vermont's Act 60 Do It?
Vermont's Equal Educational Opportunity Act of 1997 (Act 60) has attracted attention because of its funding and quality components, and the highly publicized responses to its implementation. A key feature is its "recapture" provision in which property-wealthy towns contribute to a state educational fund that helps support education in poorer communities. A multiple case study done to examine ramifications of this act shows that: (1) educators believe that its quality components are effective in improving educational quality despite ambiguous and inconclusive student achievement test results; (2) defects of the funding mechanism are emerging involving inflation adjustment, financial strain from changing enrollments, and the state's ability to cover funding shortfalls; (3) school district resistance to changes are financial, political, and cultural; (4) all towns are struggling with escalating education costs; and (5) Vermont towns are maintaining their individuality and uniqueness despite fears of homogenization. At this time, the future remains uncertain and prompts unanswered questions concerning issues of sustainability, adequacy of funding, political influences, and expanding the culture of local control to encompass the entire state. Appendices contain data on demographics for FY 1997, various financial summaries for FY 99 through FY 2001, and a graph of changes in effective tax rate versus per-pupil cost. (Contains 13 references.) (RT)
Publication Type: Reports - Evaluative; Speeches/Meeting Papers
Education Level: N/A
Audience: Policymakers; Researchers
Authoring Institution: Northeast and Islands Regional Educational Lab. at Brown Univ., Providence, RI.
Identifiers - Location: Vermont