Children's Investment Trust is a proposed trust fund for children's services (nutrition, health, education, and social services) similar in design to Social Security fund. The trust would be funded by a small, progressive payroll tax levied on both employer and employee on wages greater than $5 per hour. The tax would raise $25 billion more every…

Because their resources are inadequate, philanthropic foundations cannot bring about educational reform by themselves. Foundations are best when serving as midwives, parking garages, conversations pits, burning glasses (to focus thought), levers, and lighthouse tenders. The American people are responsible for acting voluntarily to support public…

Describes the detrimental effect the passage of a tax cutting bill has on institutions of higher education especially on supplies and on recruiting top new faculty members. (GA)

Outlines how the state of North Dakota is developing a system for incorporating the revenue from the coal and petroleum industries into the tax base for local school support as part of an equalization plan for supporting basic services during a depressed economic period. (MD)

Thoroughly explains the Balanced Budget and Emergency Control Act of 1985 (Gramm-Rudman-Hollings) and its probable implications for federal elementary, secondary, and higher education programs. Cancelling any portion of the authorized budget will reduce education program funding by 4.3 percent--compounding a 16 percent reduction during 1981-1986.…

Discusses four themes in the efforts to secure public support for private education: (1) to save private schools from disappearing; (2) to preserve benefits already received; (3) to gain benefits wrongfully denied; and (4) to effect reform via support for private schools. (JOW)

The author details how a massive shift of people, jobs, and money has benefited the "sunbelt" cities of the South and West at the expense of the "frostbelt" cities of the Northeast and Midwest. Some implications for education are suggested. (Author/MLF)

Three principal reasons for worry about the financial condition of higher education today are: inflation, public concern over government costs, and demographic changes. Those responsible for the development, use, and interpretation of financial indications have special responsibilities: acceleration of development, availability of evaluations, and…

Four major concerns regarding functional responsibilities in American cities are examined in this paper. Implications of the findings suggest reducing the scope of the old, northeastern cities and transferring functions to other levels of government. (Author/RLV)

Describes tax increment financing (TIF), an entrepreneurial strategy with significant fiscal implications for overlapping taxing jurisdictions that provide these functions. Statistical analysis of TIF's impact on the finances of one Illinois county's school districts indicates that municipal use of TIF depletes the property tax revenues of schools…

Of the 53 referenda held in search of capital funds for public library buildings in 1994, 38 were successful, and of 54 referenda for public library operating funds in 1994, 50 were successful. Funding levels, voter approval rate, elections, competing ballot items, sources of taxation, and major campaigns (capital and operating levy) are examined.…

Presents the annual budget report for public libraries for 1999, including budget projections; local taxes; rise of technology budgets; materials, salary, and operating budgets; per capita funding; fundraising; net costs; and the role of the Gates Library Foundation. (LRW)

Discusses Milwaukee's (Wisconsin) use of public tax dollars to finance private education and what the implications are for public schools. Examines how the controversial concept got started, its support in the courts, and the pros and cons of its implementation on public schools relative to the school-choice debate. (GR)

Examines older adults' support for K-12 education, using a national panel of counties over time. The elderly do have the potential to affect educational spending indirectly through where they live. Support for education spending may depend on how the elderly are distributed relative to children among counties. (Contains 15 references.) (MLH)

Simulation of the effects of five selected fiscal constraint programs was compared. The authors conclude that fiscal limits are unlikely to have large effects on a state's total economic activity, and any impacts may be negative. The revenue sources and expenditures most affected are policy decisions; education is a significant loser under…