VT S0220

Caps each school district's per pupil education spending growth for fiscal years 2028 and 2029 only, limiting increases to the prior year's spending plus an "allowable growth" amount

Allowable growth percentage equals 9% of the difference between a district's per pupil spending and the highest-spending district (excluding gores), with a minimum floor of 3%

Lower-spending districts receive higher allowable growth percentages, designed to narrow the gap between districts over time

Effective date: July 1, 2026