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Hickrod, G. Alan; Chaudhari, Ramesh B. – 1985
This paper evaluates the equity dimensions of a grant-in-aid system based on the Resource Cost Model (RCM), as proposed by the Illinois State Board of Education. The first section is an independent evaluation of the conceptual and legal aspects of the RCM, focusing on both the weaknesses and the strengths of the model. In the second section, an…
Descriptors: Educational Equity (Finance), Elementary Secondary Education, Equalization Aid, Finance Reform