This report describes and evaluates the record of reform in several states that have revised their school finance systems since 1971. The introductory chapter provides an overview of reform's recent successes, shortcomings, and prospects. Six subsequent chapters offer a close look at its main features. Chapters 2 and 3 analyze new school aid…

A proposal in the New York State Assembly in 2000 considered eliminating Tax Equalization Aid to school districts in order to fund the elimination of aid caps, called Transition Adjustment. In response to that proposal, this report examines the equalizing or disequalizing effects of three types of New York state aid to school…

In the wake of court decisions in the cases of "Serrano v. Priest,""San Antonio Independent School District v. Rodriguez," and "Robinson v. Cahill," Congress set aside funds as part of Public Law 93-380 for state departments of education to study the equitability of current educational funding arrangements. This…

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…