Frequency of towns among top 25 in per-pupil spending, Vermont, FY2012-26

Vermont tried spending caps before. One problem with going after the high spenders is that few towns are consistently at the top of the list. For example, between fiscal 2012 and fiscal 2026, 88 different towns made the top 25 list. Fewer than half of those towns appeared on the list more than three times over those 15 years. And those towns account for fewer than 10 percent of Vermont students.