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Costrell, Robert M.; Hitt, Collin; Shuls, James V. – Educational Researcher, 2020
In this brief, we examine an important but obscure form of state spending on K-12 education-state subsidies of school district pension costs. In 2018, this exceeded $19 billion across 23 states. To put that amount into perspective, 2018 federal spending on Title I programs was $15.8 billion. This revenue stream is often ignored in analyses of…
Descriptors: Retirement Benefits, State Aid, Educational Finance, Elementary Secondary Education
Morwick, Carolyn – New England Journal of Higher Education, 2019
This article summarizes the Governor Budget proposals in the New England region. Governor Ned Lamont of Connecticut proposed restructuring, refinancing the systems' payments and slowing the rate of increase in the teachers' pension fund and the state employee pension fund, both of which are underfunded. Lamont also announced that for the first…
Descriptors: Budgets, Educational Finance, State Officials, Taxes