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Vermont Agency of Education
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Enter in the yellow cells to change the estimates
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School Finance
Base year, excess spending suspendedOption 1: no exclusion and no bond, district exceeds excess spending thresholdOption 2: no exclusion, bond vote approved after 7/1/24Option 3: exclusion, bond vote approved before 7/1/24, but new for FY2026 budget
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Homestead Tax Rate
 FY2025 FY2026 FY2026 FY2026
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1. Expenditures (less bond P&I reported on line 2)
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2. + Bond P & I (unduplicated)
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3. - Offsetting Revenues
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4. Education Spending - - - -
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5. ÷ LTWADM
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6. Ed Spend / LTWADM #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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7. Total Exclusions -
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8. ÷ Exclusions per LTWADM #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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9. - Ed Spending Less Exclusions #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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10. Estimated Excess Spending Threshold* - 15,926.00 15,926.00 15,926.00
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11. - Amount /LTWADM over Threshold #DIV/0!#DIV/0!#DIV/0!
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12. ÷ Education Spending plus Excess Spending #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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13. Property yield per $1.00 rate 9,893.00 11,879.17 11,879.17 11,879.17
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14. × Statewide Adjustment - 72.0%72.0%72.0%
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15. ÷ Statewide Adjusted Prop Yield 9,893 8,553 8,553 8,553
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16. Equalized Homestead Rate #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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17. - 2024 Act 84 (cent discount) - - -
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18. Statewide Adjustment - 72.0%72.0%72.0%
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19. ÷ Statewide Adjusted cent discount - - -
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20. - Discounted Equalized HS Rate #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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21. ÷ CLA
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22. Statewide Adjustment - 72.00% 72.00% 72.00%
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23. Statewide Adjusted CLA - - - -
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24. Actual Homestead Rate #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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Household income Percentage
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12. Ed Spend / LTWADM #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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25. ÷ Income Yield 10,110 12,260 12,260 12,260
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26. Factor for Income Sensitivity #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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27. Base income percent 2.00% 2.00% 2.00% 2.00%
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28. Household income percent #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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29. 2024 Act 84 (cent discount) #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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30. Discounted HIP #DIV/0!#DIV/0!#DIV/0!#DIV/0!
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This calculator provides an estimate and should not be used for official rate calculations.
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*The Excess Spending Threshold has not been published yet, so this is an estimate
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“Statewide adjustment” means the ratio of the aggregate education property tax grand list of all municipalities to the aggregate value of the
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equalized education property tax grand list of all municipalities"
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