This paper critically examines some of the ways in which schools are currently financed and argues for State assumption of educational costs as a viable alternative. The document begins with a description of current school district revenue sources and discusses the official division of responsibility for school finance between the State and local…

This paper attempts to examine for the State of New York the merits of a district power equalizing formula when it is compared to full State funding of a uniform expenditure level. The author argues against full State funding because he believes that the net effect of many independent decisions that affect small groups of children is preferable to…