§ 4015. Merger support for merged districts
§ 4015. Merger support for merged districts (a) A school district that was voluntarily formed under 2010 Acts and Resolves No. 153, 2012 Acts and Resolves No. 156, or 2015 Acts and Resolves No. 46, each as amended, and received a merger support grant shall continue to receive that merger support grant, subject to the […]
§ 4016. Reimbursement for transportation expenditures
§ 4016. Reimbursement for transportation expenditures (a) A school district or supervisory union that incurs allowable transportation expenditures shall receive a transportation reimbursement grant each year. The grant shall be equal to 50 percent of allowable transportation expenditures; provided, however, that in any year the total amount of grants under this subsection shall not exceed […]
§ 4003. Conditions
§ 4003. Conditions (a) No school district shall receive any aid under this chapter unless that school district complies with the provisions of law relative to teachers’ salaries, appointment of superintendents, detailed financial reports to the Agency, and any other requirements of law. (b) Aid to any district shall not be denied unless the district […]
§ 4010. Determination of weighted membership
§ 4010. Determination of weighted membership (a) On or before the first day of December during each school year, the Secretary shall determine the average daily membership of each school district for the current school year. The determination shall list separately: (1) resident prekindergarten children; (2) resident students being provided elementary or kindergarten education; and […]
§ 4010. Determination of weighted long-term membership and per pupil education spending
§ 4010. Determination of weighted long-term membership and per pupil education spending (a) Definitions. As used in this section: (1) “EL pupils” means pupils described under section 4013 of this title. (2) “FPL” means the Federal Poverty Level. (3) “Weighting categories” means the categories listed under subsection (b) of this section. (b) Determination of average […]
§ 4011. Education payments
§ 4011. Education payments (a) Annually, the General Assembly shall appropriate funds to pay for statewide education spending and a portion of a base education amount for each adult diploma student. (b) For each fiscal year, the base education amount shall be $6,800.00, increased by the most recent New England Economic Project Cumulative Price Index, […]
§ 4012. State-placed students
§ 4012. State-placed students (a) A district that provides for the education of its students by paying tuition to an approved independent school or a public school outside the district shall receive from the Secretary an amount equal to the calculated net cost per pupil in the receiving school, as defined in section 825 of […]
§ 3856. Bonds
§ 3856. Bonds (a) The Agency is authorized to issue from time to time bonds or notes of the Agency for the purposes authorized by this chapter and refunding bonds for the purpose of refunding any bonds issued by the Agency under this chapter, including the payment of any redemption premium thereon and any interest […]
§ 3857. Liability of State
§ 3857. Liability of State The bonds and other obligations of the Agency shall not be a debt of the State of Vermont nor shall the State be liable thereon, nor shall they be payable out of any funds other than those of the Agency. (Added 1966, No. 56 (Sp. Sess.), § 8, eff. March […]
§ 3858. Legal investment
§ 3858. Legal investment The bonds and notes are hereby made securities in which all public officers and bodies of this State and all municipalities and municipal subdivisions, all insurance companies and associations, all savings banks and savings institutions, including savings and loan associations, administrators, guardians, executors, trustees, committees, and other fiduciaries, in the State […]