Over the past seven years, New York's cap on local property tax levies has generated billions of dollars in savings for homeowners and businesses, compared to previous trends. The cap has been especially effective in restraining school property taxes, which have long been the largest and fastest-growing component of New York's tax burden. The cap…

The State Higher Education Finance (SHEF) report is produced annually by the State Higher Education Executive Officers (SHEEO) to broaden understanding of the context and consequences of multiple decisions made every year in each of these areas. No single report can provide definitive answers to such broad and fundamental questions of public…

The State Higher Education Finance (SHEF) report is produced annually by the State Higher Education Executive Officers (SHEEO) to broaden understanding of the context and consequences of multiple decisions made every year in each of these areas. No single report can provide definitive answers to such broad and fundamental questions of public…

This is the first in a trilogy of policy briefs discussing public education and taxes. This brief discusses the challenge facing Texas in funding public education. It also explains why the Texas Supreme Court's recent decision in "West Orange-Cove II" requires increased state appropriations for public education.

Draws attention to a few of the far-reaching implications contained in the 106-page opinion of Judge Bernard S. Jefferson regarding the Serrano case and the unconstitutionality of the California public school financing system. (Author/DN)

Reports research on local school taxation determinants, that focuses on taxes and local funding. Includes school tax exportability (cost spillout) measures, divides intergovernmental school aid into lump-sum and matching categories, and uses data for individual school districts rather than for aggregates of such units. Findings indicate that tax…

THIS MONOGRAPH IS A SURVEY OF RECENT LITERATURE ON THE ECONOMIC RETURNS ON INVESTMENT IN EDUCATION. THE FIRST SECTION INTRODUCES THE READER TO THE CONCEPT OF HUMAN CAPITAL AND TO SOME WAYS IT CAN BE MEASURED. IN THE SECOND AND THIRD SECTIONS, DATA ARE PRESENTED ON THE RELATIONSHIP BETWEEN EDUCATION AND INCOME AND THE BENEFITS ACCRUING BOTH TO…

For the first time in U.S. history, a few mainland States finally enacted school finance laws that will achieve substantial intrastate resource equity, and a larger number of States took important steps in this direction. These States have translated the theory of equity into fact and, as such, they provide the operational models of school finance…

Presents the results of a survey on school finance taken among education professionals. The questions asked cover such areas as priority of expenditures, revenue sources, adequacy of funding, length of schooling, and State vs local control. (Author/DN)

Article discusses the implications of the decision by the California Supreme Court that school financing through property taxes violates the Fourteenth Amendment. (SP)

Reports results of a questionnaire study designed to obtain information about how businessmen, public officials, industrial workers, administrators, and teachers feel about teacher salaries and tenure, methods of financing public schools, and school fund-raising projects. (JD)

In November 1978, Idaho voters approved an initiative that limited property taxes to 1 percent of a property's 1978 market value and that limited the property's growth in market value to 2 percent per year. Due to the initiative's imprecise wording and incompatibility with Idaho statutes, the 1979 Idaho Legislature passed two bills designed to…

In June 1978, California voters approved Proposition 13, limiting property taxes to 1 percent of a property's market value and limiting the property's growth in market value to 2 percent per year. The immediate effect of the limitations was to reduce property tax revenues by $7 billion, of which $3.1 billion would have gone to the schools. The…

The rationale of power equalization approaches are explored, and the advantages, shortcomings, and details of operation are examined. A power equalization bill proposed by the Ohio Legislature is analyzed in terms of projected costs, impact on educational programs, and to bring out problems of grafting power equalization programs onto existing…