This report describes two alternative approaches to measuring resources in K-12 education. One approach relies heavily on traditional accounting data, whereas the other draws on detailed information about the jobs and assignments of individual school personnel. It outlines the differences between accounting and economics and discusses how each…

The need for programmatic cost information, data compatibility, and understanding input/output relationships are sparking efforts to improve standards for organizing and reporting educational-resource data. Unlike accountants, economists measure resources in real terms and organize information around service delivery, using a resource-cost model.…

This document describes the comprehensive analytical framework for school finance used by the Illinois State Board of Education to assist policymakers in their decisions about equitable distribution of state aid and appropriate levels of resources to meet the varying educational requirements of differing student populations. This framework, the…

In four chapters this monograph examines how states and the nation have defined both an adequate education and the funding level required to provide it, and suggests an approach to the issues of educational adequacy and equity. Chapter 1 defines adequacy in terms of the provision of learning services sufficient to meet a goal and argues that the…

This paper formulates a comprehensive model of resource allocation in a local public school district. The theoretical framework specified could be applied equally well to any number of local public social service agencies. Section 1 develops the theoretical model describing the process of resource allocation. This involves the determination of the…