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| Educational Equity (Finance) | 1 |
| Educational Finance | 1 |
| Equalization Aid | 1 |
| Finance Reform | 1 |
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| Mathematical Models | 1 |
| Tax Effort | 1 |
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| Review of Economics and… | 1 |
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| Reilly, Gilbert J. | 1 |
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| Journal Articles | 1 |
| Reports - Research | 1 |
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| Michigan | 1 |
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Peer reviewedReilly, Gilbert J. – Review of Economics and Statistics, 1982
Proposes a model for evaluating state equalization aid formulas, accounting for municipal overburden and tradeoffs between expenditures and taxes. Tests the model using the Michigan state aid formula. Results relate elasticities to spending and tax levels and suggest that relatively unrestricted guaranteed tax base formulas can work. (PGD)
Descriptors: Educational Equity (Finance), Educational Finance, Equalization Aid, Finance Reform
