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Bowers, Alex J.; Chen, Jingjing – Journal of Education Finance, 2015
The purpose of this study is to bring together recent innovations in the research literature around school district capital facility finance, municipal bond elections, statistical models of conditional time-varying outcomes, and data mining algorithms for automated text mining of election ballot proposals to examine the factors that influence the…
Descriptors: Educational Finance, School Districts, Financial Support, Bond Issues
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Ingle, W. Kyle; Bowers, Alex J.; Davis, Thomas E. – Journal of Education Finance, 2014
The American Recovery and Reinvestment Act of 2009 (ARRA) allocated $11 billion per year for 2009 and 2010 for qualified school construction bonds (QSCBs) for America's schools. From a historical perspective, this program is a broad transformation of the federal role in school facility funding. This study examined factors associated with federal…
Descriptors: Federal Legislation, Federal Aid, Bond Issues, School Construction
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Bowers, Alex J.; Lee, Jooyoung – Educational Administration Quarterly, 2013
Purpose: Across the United States, a large percentage of school districts are in need of facility improvements to provide safe and adequate buildings to facilitate student learning. To finance new construction, school districts traditionally have put proposals before local voters to fund construction through issuing long-term bonds to finance…
Descriptors: Educational Finance, Educational Facilities, Bond Issues, Longitudinal Studies
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Harris, Mary H.; Munley, Vincent G. – Journal of Education Finance, 2002
Models three-stage bond-rating process: whether to have a bond rated, whether to insure the bond, and estimation of the actual bond rating; tests multistage model empirically using sample of 148 bond issues representing 10 different states; finds that the par value (size) of the bond issue is decisive factor in decision to have a bond rated or…
Descriptors: Bond Issues, Decision Making, Elementary Secondary Education, Models
Harris, Mary H.; Munley, Vincent G. – 2002
Asserting that school district officials facing the need of extensive capital expenditures must analyze all sources of funding, this paper focuses on the predominant local funding mechanism of the school district bond issue. It presents a bond rating model with three separate stages that relate to the different choices facing a school district…
Descriptors: Bond Issues, Credit (Finance), Decision Making, Educational Finance
Osman, Jack W. – 1980
This paper examines several types of school referenda with a view to examining how such referenda have served to limit or reinforce educational resource inequalities. Drawing on the results of previous studies and the author's research on California referenda, the paper seeks to provide answers to four crucial questions. First, to what extent are…
Descriptors: Bond Issues, Educational Finance, Elementary Secondary Education, Finance Reform