While there is an extensive literature analyzing the relative equity of state funding systems for current operating revenues, there is a dearth of research on capital funding systems. This article presents an analysis of the school capital funding system in Kentucky since 1990, using the operating-revenue analysis concepts of horizontal equity,…

When Fayette County (Kentucky) school officials began putting together estimates for upcoming renovation projects at two elementary schools, they based their projections on their district construction projects from 2007. But by February, when construction bids were opened for the renovations of Cassidy and Russell Cave elementary schools, the…

When President Obama first signed the American Recovery and Reinvestment Act of 2009 (ARRA), he took much criticism for spending more money--$787 billion more--when the nation was reeling from decades-old debt, a more than 9 percent unemployment rate and a mortgage crisis. But this measure has allowed public school district leaders to invest in…

Kentucky legislation that has restructured the business management of the state's public colleges and universities is discussed. Attention is directed to: conditions in Kentucky prior to the passage of H.B. 622; the events surrounding the development of the legislation; the effects of the legislation on Kentucky's eight universities and 13…