Hold-harmless provisions in state aid formulas are meant to restrict declines in revenues for school districts. They may take several forms, including limits on the changes in state aid from year to year, supplemental funding for districts with declining enrollment, alternatives for calculating the state aid amount, or use of past enrollments in…

School-funding changes over the last decade have created funding inequities for Indiana's students from low-income communities, students with disabilities, English language learners, and students in public charter schools--inequities which will likely be exacerbated by COVID-19. Students of color are disproportionately impacted by these funding…

Education finance policy has become an urgent concern in many state legislatures. Demands for greater equity and accountability have forced states to review, and in many cases to revise, the method by which schools are funded. This study sheds light on Indiana's financing of public K-12 education by providing a clear explanation of the components…