Taxpayer unhappiness with increasing property taxes have prompted changes to Wisconsin's school finance system. In the midst of providing property-tax relief, the new tax base structure remains intact and allows school districts to exceed their revenue limits with a majority vote in districtwide elections. Debate is ongoing. (MLH)

Despite pessimism concerning school funding prospects and the deep recession of the early 1980s, this article shows that real school revenues during 1980-1988 continued to increase at substantial rates. The first section discusses school revenues in the context of the country's gross national product and personal income from 1960 to 1980. While…