The funding mechanism for the public schools in the state of Mississippi had been surprisingly stable for a number of years. The funding formula existed in its same form for over a half century before it was substantially changed in 1994 when the Mississippi Adequate Education Program (MAEP) legislation was passed. This is the first external…

State funding mechanisms are subject to intense political and economic scrutiny. The question asked most often tends to be, is the public getting sufficient return on their investment? Accountability standards arising from the No Child left Behind Act (NCLB) have sharpened the focus of this question to whether the students and schools are meeting…