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Vermont Statutes Title 16. Education, § 4030. Data submission; corrections

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Upon discovering an error or change in data submitted to the Secretary for the purpose of determining payments to or from the Education Fund, a school district shall report the error or change to the Secretary as soon as possible. Any budget deficit or surplus due to the error or change shall be carried forward to the following year.

<Text of subsec. (b) effective until July 1, 2024.>

(b) The Secretary shall use data submitted on or before January 15 prior to the fiscal year that begins the following July 1, in order to calculate the amounts due each school district for any fiscal year for the following:

(1) transportation aid due under section 4016 of this title; and

(2) the small school support grant due under section 4015 of this title.

<Text of subsec. (b) effective July 1, 2024.>

(b) The Secretary shall use data submitted on or before January 15 prior to the fiscal year that begins the following July 1 in order to calculate the amounts due each school district for any fiscal year for transportation aid due under section 4016 of this title.

(c) The Secretary shall use data corrections regarding local education budget amounts submitted on or before June 15 prior to the fiscal year that begins the following July 1, in order to calculate the education payments due under section 4011 of this title. However, the Secretary may use data submitted after June 15 and prior to July 15 due to unusual or exceptional circumstances as determined by the Secretary.

<Text of subsec. (d) effective until July 1, 2024.>

(d) The Secretary shall not use data corrected due to an error submitted following the deadlines to recalculate the equalized pupil ratio under subdivision 4001(3) of this title. The Secretary shall not adjust average daily membership counts if an error or change is reported more than three fiscal years following the date that the original data was due.

<Text of subsec. (d) effective July 1, 2024.>

(d) The Secretary shall not use data corrected due to an error submitted following the deadlines to recalculate weighted long-term membership under section 4010 of this title. The Secretary shall not adjust average daily membership counts if an error or change is reported more than three fiscal years following the date that the original data was due.

(e) The State Board may adopt rules as necessary to implement the provisions of this section.

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Cite this article: FindLaw.com - Vermont Statutes Title 16. Education, § 4030. Data submission; corrections - last updated January 01, 2024 | https://codes.findlaw.com/vt/title-16-education/vt-st-tit-16-sect-4030/

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