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Download full textHickrod, G. Alan; And Others – 1975
A 1973 Illinois school finance reform program initiated a guaranteed tax yield system that can also be considered a district power equalization system. This paper evaluates this reform according to four criteria: permissable variance, fiscal neutrality, reward for effort, and aid to urban areas. Emphasis is given to a discussion of legal and…
Descriptors: Educational Finance, Elementary Secondary Education, Equalization Aid, Expenditure per Student
