Financial resources do affect educational quality. When the advantaged have the better-financed school, America will continue to provide unequal education to those who most need what school has to offer. Legislative responses to early litigation and the recent litigation in Montana, Texas, and New Jersey are discussed. (MLW)

Education researchers have moved beyond asking whether money matters to school performance. They are now investigating how money matters to student learning and achievement. There are three questions that policymakers and citizens must address: How much money are they willing to spend on the education of the young? How should it be fairly spent?…

After summarizing the philosophy behind the financing of public schools, this document reviews the division of legal responsibility for education between the state and federal governments; outlines the state's responsibility for providing an equal educational opportunity for its residents; and summarizes the use of federal revenues, state…

Five interpretations of equity are examined as they relate to the distribution of public goods and services. The first principle, utilitarianism, maintains that individuals are free to pursue their own interests and are rewarded according to contributions. The second principle, needs, is the basis of communist societies in which each gives…

This document provides background information intended to help in the formulation of educational finance policy at the national level. The first chapter discusses variations in spending within and between states since the 1930s; causes for inequitable and inefficient revenue raising and resource allocation; and differences between states in…