Q: How Are Our Schools Doing?
A: We're happy to report state test scores are up in all subject areas. But test scores are only part of the picture of school success. Enrollment is stable, average daily attendance is 95%, and staff retention is at 90%. We have also started to increase focus on preparing students for future success, with a dedicated career-readiness center in MVU, on site agriculture and welding training, a partnership with Northwest Career and Technical Center, work placement programs, an internship program, an annual apprenticeship fair, early college offerings, and more opportunities being added every year. This budget was designed to ensure level services to students to maintain this momentum while also keeping our rank as one of the lowest spending districts in the state.
Q: What is a Level Service Budget?
A: A Level Service Budget means keeping the same services offered to students without removing any from the previous year, even if they have increased in cost. This helps ensure consistent progress for students year to year.
Q: How Can the Tax Rate Go Down if the School Budget Goes Up?
A: School funding is distributed by the state based on the total budgets passed by all school districts and supervisory unions. This means if spending is down on average throughout the state, taxes can go down, even if our individual district budget goes up.
Final tax rates will not be set until after all school budgets are approved, and can be influenced further by legislative decisions like using other state funds to buy down property tax rates. This is being discussed again this year, and is a major contributor to the estimated reduction in tax rates in our district.
A major factor in increases to the tax rate are property value adjustments in each town. Homesteads are taxed on the assessed value which has not been updated in many years, so the state uses a formula to increase tax rates to reflect real property value, which continues to increase in all of our towns every year.
The state also has income based tax credits that many homes in our district qualify for, so if your household income is under $115,400, you may not need to pay the full property tax amount. Learn more about the program at
https://tax.vermont.gov/property/property-tax-credit
Q: How Does MVSD Spending Compare to the Rest of the State?
A: MVSD is one of the best values in Vermont. Even with rising test scores and increasing student opportunities, we spend less than 80% of school districts in the state. About $1500 less per student than the state average.