This is the first study to examine the fiscal effects of the New York property tax levy limit, using variation from the degree of fiscal stringency across school districts and over time in its first five years of implementation. Based on a difference-in-differences estimator, coupled with an event study specification, we find that the tax limit…

The Foundation Aid Formula is designed to deliver more funding to New York districts with higher enrollments of low-income students who require additional resources to support their education. These higher need districts struggle to raise sufficient local dollars and rely more heavily on state aid to support their schools. As a result, the…

This study examines the impact of court-ordered finance reform in New York State resulting from "Campaign for Fiscal Equity v. State of New York" on equity of inputs using synthetic controls. The findings herein indicate court mandated education finance reform in New York had little to no impact on equity of educational inputs despite an…

This article investigates trends in the relative wealth of the richest school districts in the United States between 2000 and 2015. For the purposes of discussion, I focus on the top 1% of districts. I argue that trends in school funding for the richest districts deserve greater attention from education researchers. Districts in the top 1% of the…

School districts across New York are constrained from fully exploiting a potential source of revenue to help offset pressure on local taxes. The revenue source in question is commercial advertising--including signs, sponsorships and facility naming rights, especially for athletic facilities. Experience in other states suggests New York school…

Hold-harmless provisions in state aid formulas are meant to restrict declines in revenues for school districts. They may take several forms, including limits on the changes in state aid from year to year, supplemental funding for districts with declining enrollment, alternatives for calculating the state aid amount, or use of past enrollments in…

The Community Eligibility Provision (CEP) of the Healthy, Hunger-Free Kids Act of 2010 allows school districts to provide free meals to all students if over 40 percent of them are directly certified as free-meal eligible. While emerging evidence documents positive effects on student behavior and academics, critics worry that CEP has unintended…

With the economic halt precipitated by the COVID-19 virus, states are starting to prepare for and beginning to address the budgetary squeeze that is sure to come absent of massive federal stimulus dollars. At the end of March, New York State was the first state to come out with a post-COVID-19 state budget (the Legislative Budget). In early April,…

Every school district in New York spends more per student than the national average. Yet, there are variations among districts -- largely depending on communities' relative wealth to help fund their school district. State aid attempts to equalize local wealth capacity among districts, which is evident by the fact that more than 72 percent of the…

This statistical report details tax and spending changes proposed by New York State districts. A figure shows budgeted change in per-pupil spending by region for the 2018-19 school year. Statistics in the following categories are provided for all reporting New York districts: (1) Projected Enrollment, 2018-19; (2) Budgeted 2018-19 Spending (totals…

The "Analysis of School Finances in New York State School Districts" is an annual publication providing a meaningful perspective to staff in the Division of the Budget, the Legislature, the Education Department, and school officials concerning school expenditures, State Aid, and local support. This edition of the Analysis summarizes the…

Instead of asking whether money matters, this paper questions whose money matters in public education. Previous literature on education funding uses an aggregate expenditure per pupil to measure the relationship between education funding and academic performance. Federalism creates mainly three levels of funding sources: federal, state, and local…

The "Analysis of School Finances in New York State School Districts" is an annual publication providing a meaningful perspective to staff in the Division of the Budget, the Legislature, the Education Department, and school officials concerning school expenditures, State Aid, and local support. This edition of the Analysis summarizes the…

California policymakers have established the expectation that all public school students should have access to a broad course of study, in classes where instruction is consistent with the state's content standards. Further, the state holds schools and school districts accountable for their ability to ensure that all students achieve at a specified…

Sixty-seven school finance reforms (SFRs) in 26 states have taken place since 1990; however, there is little empirical evidence on the heterogeneity of SFR effects. We provide a comprehensive description of how individual reforms affected resource allocation to low- and high-income districts within states, including both financial and…