Describes the development and use of a Potential Revenue Index for public schools that can be used to measure the extent to which a state school finance program equalizes potential property tax revenues among local education agencies. (JG)

This speech incorporates a major policy statement regarding school subsidies in Maine. The author discusses equality of educational opportunity; and he comments on the property tax, wealth-connected inequities, and class action suits. The speech focuses on a discussion of the Maine subsidy law and its effects; as well as the Maine property, sales,…

Describes model, data, results, and implications of a study attempting to clarify two issues previously overlooked in studies of financing public education with local property taxes: (1) that regionally aggregated data may bias test results, and (2) that local fiscal response to grant programs may vary with the wealth of school districts. (SB)