Vermont Education Fund Budget Presentation Emily Byrne and Rebecca - - PowerPoint PPT Presentation

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Vermont Education Fund Budget Presentation Emily Byrne and Rebecca - - PowerPoint PPT Presentation

Vermont Education Fund Budget Presentation Emily Byrne and Rebecca Holcombe February 14, 2018 House Appropriations Committee Agenda Education Fund Highlights What do we buy with our Education Fund Dollars? Budget book introduction and


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Vermont Education Fund Budget Presentation

Emily Byrne and Rebecca Holcombe February 14, 2018 House Appropriations Committee

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Agenda

Education Fund Highlights

  • What do we buy with our

Education Fund Dollars?

  • Budget book introduction and

walk through appropriations

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What do we buy with our Education Dollars?

2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000

FY2018 Reallocated Education Fund per ADM

About 73%: “net education payment” which covers items including (but not limited to):

  • most costs of our public schools,

tuition payments to other public, independent, and out-of-state schools

  • tuition payments to Career and

Technical Education

  • supervisory union costs
  • Local costs related to flexible

pathways

  • Prekindergarten
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What do we buy with our Education Dollars?

2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000

FY2018 Reallocated Education Fund per ADM

About 19% is spent on special education costs in public and independent schools.

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What do we buy with our Education Dollars?

2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000 18,000 20,000

FY2018 Reallocated Education Fund per ADM

The rest of the $1.6 billion we spend per pupil is spread across a number of functions, including:

  • subsidies to small schools
  • costs associated with children in

state custody who are placed in schools near their foster homes.

  • Technical Education support
  • Small school support
  • Flexible pathways
  • Community HS of Vermont
  • Teacher pensions
  • Other
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Changes in Special Education Practice?

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Change in Education Fund Spending

Education Expenses (In Millions) Percent Change FY 2015 Actutal 1,514

  • FY 2016 Actuals

1,553 2.58% FY 2017 Actuals 1,578 1.61% FY 2018 Estimates 1,621 2.72% FY 2019 Projection 1,681 3.70%

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Small School Size: Is it Density?

20 40 60 80 100 120 140 160 Maine New Hampshire Vermont

People Per Square Mile

People Per Square Mile

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0% 10% 20% 30% 40% 50% 60% 70% 80% Maine New Hampshire Vermont

New England States: Proportion of schools with 9 irst grade sizes equal to or less than 30 students, or greater than 30 students

Grade size equal to or < 30 Grade size >30

Or is it a VT preference?

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Challenge with Education Funding

  • The Education pressure:

– We have fewer students, – In the same number of schools (public and independent) – With proportionally more overhead to support education on a per pupil basis.

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Budget Book

  • Review

– Carryforward – Reversions

  • Education Fund Appropriations

– B.502 through B.511