As of March 2008, over half of U.S. states are facing projected budget shortfalls for the coming fiscal year. During economic downturns such as this, opportunities available to hard-working, low-wage families are diminished. These conditions create growing concerns for policymakers who must, with fewer state resources, enhance opportunities and…

This study investigates the income-cost effects resulting from public and private higher education expenditures in Japan. Economic returns are presented according to sex, public or private sector, and areas of study, and the method of government expenditure on education in Japan is evaluated. (TE)

Chapter 2 of the Education Consolidation and Improvement Act (ECIA) reduced and redistributed federal aid to education, moving funds from targeted areas of need to all areas regardless of need. States were unable to make up for significant losses in aid sustained by local districts. (TE)

This report provides an extensive discussion of the use of criterion referenced, mathematical modeling procedures to determine which budget reductions minimize reduction in the quality of educational programs. Part I, "Evaluation of Potential Budgeting Roll-backs under Educational Fiscal Crisis," explains the basic design of multiple…

Examines the impact during a period of extensive curricular and school finance reform in Texas of the implementation of the block grant provisions of Chapter 2 of the Education Consolidation and Improvement Act. Considers governmental response, effects on transaction costs and resource allocation, and the potential for further savings. (PGD)

To determine adequate, fair, and efficient methods of public school finance for the state of Illinois, this study collected and synthesized data on state revenues collected in 1980-81 and distributed to school districts in 1981-82. Researchers examined current alternative methods of distributing state and federal funds to Illinois public schools…

This comparative analysis updates the effects on school finance of the Delaware Legislature's passage of a new equalization law in 1984. The formula for allocation of equalization funds was modified by increasing the level of state support and by requiring greater local tax effort for districts to qualify for the funds. Analysis focuses on four…

This study examines the relationships between various elements of property wealth and operating expenditures per pupil by types of school district--elementary (K-8), high (9-12), and unit (K-12). Elements of property wealth were defined as the equalized assessed valuation per pupil for each of the following property tax classifications:…

In 1984 the Texas legislature passed an educational reform bill, House Bill 72 (HB 72). The prime objective of HB 72 was to achieve greater equalization of the state's school finance system; it was intended to affirm vertical and horizontal equity and equal opportunity/wealth neutrality as goals of the state system. This study analyzes the results…

This paper evaluates the equity dimensions of a grant-in-aid system based on the Resource Cost Model (RCM), as proposed by the Illinois State Board of Education. The first section is an independent evaluation of the conceptual and legal aspects of the RCM, focusing on both the weaknesses and the strengths of the model. In the second section, an…

This report addresses the issue of whether Ontario's investment in elementary education is adequate. Specific questions are posed, reviews of relevant literature conducted, and an assessment of the soundness and completeness of existing evidence is made. After an introductory overview, chapter 2 presents a series of five tables illustrating…

Potential revenue prospects for the public schools in the Midwest basically depend on the future outlook for the midwestern economy as a whole. Accordingly, a comprehensive analysis is undertaken of the midwestern economy and tax base, and then of trends in educational spending. Topics include: (1) economic growth and taxation systems; (2)…