Brad James shared with the House Ways & Means Committee on Tuesday that now 73% of districts are reporting (a significant jump from last week). With the latest budgets, the Agency is now showing an 8.2% increase from FY2024. Champlain Valley and Burlington are still not in yet, which are both large budgets and could sway the final numbers. James noted that if both went up by 10% it would increase the statewide average to 8.4%.
The Joint Fiscal Office was also present, and Chairwoman Kornheiser asked them to come back next week with some thoughts about whether the Legislature needs to assist districts in preparing for the upcoming weighting changes next year.