Vermont S0039 establishes a State Aid for School Construction Program to provide debt service subsidies for eligible school construction projects.
Vermont S0039 creates a State Aid for School Construction Program within the Agency of Education to offer debt service subsidies to school districts for eligible construction projects. The program prioritizes cost, geographic accessibility, 21st-century education standards, statewide enrollment trends, and capacity. It also encourages the use of existing infrastructure. The bill transfers rulemaking authority from the State Board of Education to the Agency of Education.
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