About half of all school districts would see a tax hike. The changes would be retroactive for fiscal year 2018.
Under the current formula, low spending districts are subsidizing higher spending towns.
Scott has presented no Plan B to fix the gap in the general fund and has told lawmakers that if they bring him a budget that increases taxes or fees, or cuts frontline workers, he will veto it.
Homestead taxpayers from low-spending districts all across Vermont pay rate premiums to provide discounted rates to higher spending districts.