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Direct linkToutkoushian, Robert K.; Michael, Robert S. – Journal of Education Finance, 2008
In this study, we investigate the types of overlay provisions used in public school funding and the impacts that these provisions can have on equity, fiscal neutrality, and adequacy in school funding. We begin by reviewing the various overlay provisions that could be used by states. We then turn to an analysis of Indiana's 2004 foundation aid…
Descriptors: Public Education, Funding Formulas, Educational Equity (Finance), Foundation Programs
Download full textToutkoushian, Robert K.; Michael, Robert S. – Center for Evaluation and Education Policy, Indiana University, 2004
Individual states have a long tradition of providing financial support for their public K-12 schools. This support reflects the state's constitutional requirement to educate its citizens. However, states vary widely in both the amount of funding provided to public schools, and the distribution of funding among schools. The fundamental observation…
Descriptors: Foundation Programs, Financial Support, Elementary Secondary Education, Educational Finance
