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PUBLICATIONS & RESOURCES:
A REVIEW OF VERMONT EDUCATION EXPENDITURES FROM FY96 TO FY01
APRIL 30, 2002

   
INTRODUCTION
   
  Graphic: Expenditures Report coverThe State of Vermont distributes federal and state education dollars to districts. The amount of money spent on education continues to increase despite declining enrollment figures. State policy-makers are interested in knowing how that money is spent. The first step in answering this question is to identify the resources acquired with education dollars. This study is an initial attempt to isolate the resources driving education cost increases using existing expenditure data. In particular, we are interested in identifying expenditures that represent a substantial portion of total expenditures and that are growing more rapidly than total expenditures.

In this preliminary study, we examined six years of expenditure data, grouped in very broad categories, to answer some questions about where Vermont's educational dollars are being spent and to discover areas needing further research. For instance, we asked whether grade level is an important determinant for expenditure growth. As described below, the data suggest that further research into secondary tuition rates is necessary to understand the rapid growth of secondary expenditures between FY99 and FY01.

In the report's first section, we describe the data used in the analysis, give an overview of the expenditure data and evaluate the impact on expenditures of Act 60 the most recent education finance law. The remainder of the report describes specific research questions and conclusions and points to potential areas for further study. We expect this study will raise more questions than it answers.
   
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