Public Act 100-0465 or the Evidence-Based Funding for Student Success Act was signed by Illinois Governor, Bruce Rauner, on August 31, 2017. According to the Illinois State Board of Education's Evidence-Based Funding webpage, "This law enacts evidence-based funding (EBF) and comprehensively changes the way that school districts receive the…

Budgets do not only pay the costs of activities. They also reveal the ambitions and limitations of an organization. The opportunities presented in a budget are also bounded by the structural elements used by that institution: how costs and revenues are organized, how overhead is calculated and apportioned, and how assets and investments are…

We analyze a natural experiment in which policymakers in Pennsylvania first implemented, and later removed, reimbursements to districts for students exiting to brick and mortar and cyber charter schools. Generalized difference-in-difference models show that larger shares of students enrolling in charter schools predict decrements in spending,…

Since the release of "4%" objective of fiscal educational expenditure to GDP in 2012, the Chinese governments at all levels have frequently formulated or changed education finance policy in light of the complex situation of China's economic development. The policy changes have ensured the steady growth of education financial investment,…

This article reports on a rigorous approach developed for calibrating the Evidence-Based Adequacy Model to suit the Ontario K-12 public education context, and the actual calibrations made. The four-step calibration methodology draws from expert consultations and a review of the academic literature. Specific attention is given to the technical…

The paper considers a problem of financial resource allocation in a higher education institution. The basic financial management instruments and the multi-stage cost minimization model created are described involving financial instruments to constraints. Both societal and institutional factors that determine the costs of educating students are…

Higher education in Central Europe has been scrutinised from many different perspectives during the last 30 years. In our analysis, we focus solely on Hungary and specifically on two key areas: governance and organisational structure. Using an analytical model proposed by Leisyte (2014), we analyse how the governance and organisational structure…

This report documents the second year of implementing Cycle-based Budgeting at Jefferson County Public Schools (Louisville, KY). In addition to aligning another $24.3 million new spending with the district's strategic plan, $20.3 million of existing spending was rolled into the process. Next, the challenges faced by the district to review 105…

This report documents the first-year of implementing Cycle-based Budgeting at Jefferson County Public Schools (Louisville, KY). To address the limitations of incremental budgeting and zero-based budgeting, a Cycle-based Budgeting model was developed and implemented in JCPS. Specifically, each new program needs to submit an on-line budget request…

The Common Core State Standards (CCSS) for English language arts and mathematics represent a sea change in standards-based reform and their implementation is the movement's next--and greatest--challenge. Yet, while most states have now set forth implementation plans, these tomes seldom address the crucial matter of cost. Putting a Price Tag on the…

One major problem in developing school district budgets immune to cuts is the model administrators traditionally use--an expenditure model. The simplicity of this model is seductive: What were the revenues and expenditures last year? What are the expected revenues and expenditures this year? A few adjustments here and there and one has a budget.…

A policy analysis of Florida's 10-factor Performance-Based Funding system for state universities. The focus of the article is on the system of performance metrics developed by the state Board of Governors and their impact on institutions and their missions. The paper also discusses problems and issues with the metrics, their ongoing evolution, and…

We examine the flow of federal grants-in-aid from the U.S. Environmental Protection Agency (EPA) to the states. We simultaneously model two dependent variables (the flow of EPA funds, and state environmental and natural resource budgets) to identify the independent roles of state political institutions, political preferences, economic and…

The study focuses on the behavior of local school districts in allocating their budgets among teachers, other professional educators, support personnel, and nonpersonnel inputs. The results indicate that districts' allocative behavior at the margin is quite different from their average allocative behavior. (Author/EC)

If faculty and other groups are to play a significant role in the budget process, the administration should format the budget to invite discussion. A properly prepared budget can serve as an excellent means of consensus building on campus. A new technique known as "framework" budgeting is described. (MLW)