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Center for Public Education, National School Boards Association, 2021
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…
Descriptors: State Aid, Educational Finance, School Districts, Declining Enrollment
Hoyt, William H.; Jepsen, Christopher; Troske, Kenneth R. – Friedman Foundation for Educational Choice, 2008
The passage of the Kentucky Educational Reform Act (KERA) in 1990 had a dramatic impact on the funding of primary and secondary education in the state. The amount of money spent on education increased significantly with the passage of KERA with districts in rural areas of the state experiencing the largest growth in spending (Hoyt, 1999). This has…
Descriptors: School Choice, Educational Finance, Educational Change, Rural Urban Differences
Aud, Susan L. – Milton & Rose D. Friedman Foundation, 2005
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…
Descriptors: Funding Formulas, Elementary Secondary Education, Resource Allocation, Expenditure per Student