This paper describes funding formulas for the new Foundation School Program in Texas enacted under the Education Opportunity Act (H.B. 72), raises issues that have accompanied its first year of implementation, and provides preliminary data to compare prior and existing law. The state finance system, which previously distributed state aid according…

In 1980, the Ohio Board of Regents (OBR) proposed several alternative funding formulas for the state's public-assisted institutions in anticipation of enrollment declines. Two alternatives, involving subsidy ceilings and free competition for students, were dismissed in favor of a third alternative involving a system of voluntary restraints in…

Most arguments for fiscal equity in financing America's schools have been based on constitutional provisions and on the socio-political dogma that underlies a democratic society. This paper approaches the subject using as its theoretical basis a document even more basic to the founding of the republic than the Constitution--the Bible. Using the…

This monograph examines four plans for state funding of educational facilities: total control; 50-50 flat grants; full state funding; and equalization. The trend in many states is to become increasingly more involved in helping local school districts with capital outlay for facility requirements. Recent litigation suggests that capital outlay is…