After being sued for inequity and inadequacy in school funding, many states have reformed their education aid policies. Using Connecticut as an example, this paper shows how to design a state education aid formula that can effectively address funding inequity and inadequacy while taking political feasibility into account. It first develops a…

This study reports on a method of measuring the equity of state school finance systems. This method attempts to determine the extent to which the system makes adequate provision for education, treats equals equally, and treats unequals equitably. It presents a multiple regression approach to the problem, which allows each goal of school finance to…