Budget Update
December 18, 2024
Budget Focus for 2025-2026
This year's budget is focused on cost containment and the School Board is proposing an increase that is aligned with Governor Scott's recommended <3% increase.
This will require some hard choices as we will need to slash ~$2.4M from a level service budget which provides the same services and programming as last year.
HUUSD Schools are Good Schools (and we want to be even better)
Elementary Schools In Vermont
Middle Schools In Vermont
High Schools In Vermont
The Primary Challenges
#1 Costs are increasing faster than inflation.
#2 Only a fraction of the revenue from taxes in the district stays in the district
SO WHAT?....
HUUSD costs have a limited effect on reducing homestead taxes. Most of the impact is the result of decisions made by other districts and the State.
SO WHAT?....
A budget which provides the same services and programming as last year represents a 7.3% increase or $3,496,180.
*84 cents of every tax dollar raised in our towns stays within district
16 cents is allocated to outside of district
2022-2023 Town Tax To Vermont Ed Fund
HUUSD increases mirror inflation
| Approved Budget 2022-2023 | Approved Budget 2023-2024 | Approved Budget 2024-2025 | Proposed Budget 2025-2026 |
Budget | $42,655,858 | $45,422,241 | $47,892,873 | $49,209,927 |
Year over Year % Change | +5.6% | +6.5% | +5.4% | +2.75% |
Inflation | +4.7% | +8% | +4.1% | |
What we know about 2025-2026
All Vermont School District Preliminary Budgets
6.1% increase statewide average
HUUSD Preliminary School Budget
2.75% increase
This budget represents a 2% increase in our actual education spending from the state
Projected 2025-2026 Budget
FY26 Preliminary District Tax Rate with Statewide Yield Adjustment
Preliminary Excess Spending Threshold is estimated to be $15,926.
Hypothetical Tax Rate by Town
Resources