This study focuses on how central city school districts can benefit from educational finance reform. The publication is designed for use by both those charged with the responsibility for education matters and by the general public. The document begins with a discussion of the fiscal impact of several popular alternative school finance reforms,…

This paper examines the federal and state constitutional and statutory issues that affect the capacity of governments to raise revenue for education and other children's services, including mandates and key legislation that limit revenues, expenditures, and borrowing. The paper is divided into three major sections: (1) legal issues affecting…

The inability of Missouri community college districts--which serve 54% of the state's population but cover only 17% of the state's area--to enlarge their property tax support base, pass capital bond issues, or to increase operational levies gave rise to a legislative study of four major issues: existing laws covering community colleges; the…

A reform in the grant-in-aid system passed in Illinois in the summer of 1973 was evaluated. The State Changed on that date from a foundation system to a district power equalization system. Operational definitions of fiscal policy goals, such as fiscal neutrality and permissible variance of expenditures, were established and measurements taken…

The Guastello-Zollar funding formula provides a foundation of state financial support to community colleges based on a "fair share partnership" concept of funding and a program of investment/incentive grants awarded to encourage colleges to implement programs which have high priority in Michigan's educational policy goals. The fair share…

This third edition of this book explores traditional economic and political models and contemporary issues that affect the social, political, and economic state of schools. Like the previous two editions, this edition takes a balanced approach to understanding school finance issues by using paradigms of both the economist and the political…

Designed for use by students, policy-makers, educational administrators, social scientists, and lay citizens, this book analyzes three basic educational issues: the economics of education, the politics of educational finance, and the "new political economy" of education, which employs economic methods to study those governmental institutions…