After summarizing the philosophy behind the financing of public schools, this document reviews the division of legal responsibility for education between the state and federal governments; outlines the state's responsibility for providing an equal educational opportunity for its residents; and summarizes the use of federal revenues, state revenues, and local tax revenues, with emphasis on property taxes, to fund public education. Current and recent issues surrounding the equity of school finance formulas are described, including taxpayer equity, the taxpayer's ability to pay, and horizontal and vertical equity. Following a brief history of school finance plans, an overview of three methods used to allocate funds is provided. These are: (1) Flat Grant, Categorical, or Entitlement Programs; (2) Full State Support or Funding Programs; and (3) Equalizaton Aid Programs. Information on the latter programs includes descriptions of foundation plans, percentage equalizing and guaranteed tax base plans, and district power equalization programs. Included are three figures and three tables. (CLA)
This book examines the fundamental role of politics in funding our public schools and fills a conceptual imbalance in the current literature in school finance and educational policy. Unlike those...
The book, entitled Funding Public Schools in the United States and Indian Country is a single volume with a clear and short chapter about each state.
McFarland, J., Hussar, B., de Brey, C., Snyder, T., Wang, X., Wilkinson-Flicker, S., Gebrekristos, S., Zhang, J., Rathbun, A., Barmer, A., Bullock Mann, F., and Hinz, S. (2017). Condition of education 2017 (NCES 2017–144).
J.M. Henderson and R.E. Quandt, Microeconomic Theory: A Mathematical Approach (New York: McGraw-Hill, 1971). 43. L.J. Lau, ®Educational Production Functions, ̄ in Economic Dimensions of Education (Washington, DC: The National Academy of ...
After reading this book, readers will have a thorough understanding of how charter schools are funded and managed financially.
24 MAKING MONEY MATTER used to frame the issues and their consequences rather than to obtain conclusive evidence on what ... Concomitantly, we have the responsibility, as Levin pointed out, to consider where, along with social science ...
69 For thorough literature reviews, see: Andrews, M., Duncombe, W., & Yinger, J. (2002). Revisiting economies of size in ... In H.J. Walberg (Series Ed.), & B. Levin, W.J. Fowler, Jr, & H.J. Walberg (Vol. Eds.), Advances in educational ...
Diverse economic, social, and legal concerns have brought renewed attention to the problem of financing public schools. The primary economic concern is preparing students to compete successfully in the international...
Financing Public Schools in the United States
The 2019 edition of School Funding and Accountability in California--A Guide to School Finance will be an indispensable for anyone needing to understand the way public schools receive their resources, how state support for schools is ...