Researchers, educators and legislators spent the day examining possible ways to reduce spending and improve results.
Gov. Peter Shumlin called a summit with economic experts from outside and within Vermont to discuss Act 60 and 68. St. Michael's College hosted the event. Those at the conference say they reached consensus that the state spends too much, but do not believe the tax system for school funding is broken.
"This is one of the most equitable states in terms of state funding. I've worked in three other states besides the state of Vermont and I have yet to see as elegant a funding formula as we currently have to ensure that all students from Newport to Brattleboro and everywhere in between have opportunities for a quality education," said Brian Ricca, Superintendent of Montpelier Public Schools.
The group did conclude that the state should look into incorporating more uniform reporting standards, seriously consider consolidation through stronger collaboration and better safeguards to ensure every dollar spent furthers educational success.