The bonding authority and bond bank concepts have evolved as effective and efficient methods of assisting local education agencies in financing school facility construction and other capital improvement programs. This discussion defines bonding corporations and reviews their historical development, current status, and potential. (TE)

Currently, state aid for education in New York State is distributed through over 50 separate and unnecessarily complex formulas and grants-in-aid. The approach recommended in this proposal consolidates 39 of these current categories into a single foundation allocation, while increasing the percentage of the state share and providing districts with…

This description of the Tennessee equalization plan consists of (1) a description of Tennessee's current public school finance program; (2) recommendations for change in the existing program; (3) a description of the conformance of the recommended changes to the equity guidelines developed by the United States Commissioner of Education pursuant to…

State equalization programs for school funding have been structured around variously weighted combinations of district wealth, tax effort and student need. For rural and small school districts, these programs have not always provided adequate financing. Nine rural school finance alternatives are suggested. (MH)

Virginia's school funding system is characterized by large inequalities and inadequacy. Disparities are increased when the state fails to pay for the full cost of education, state funding is inadequate, facilities are not state-funded, funding rewards only wealthy localities, and ability to pay is measured inaccurately. (Contains 25 references.)…

In 1997, the Ohio Supreme Court declared the state's educational finance system unconstitutional, allowing 1 year to enact a systemic overhaul. After 3 years of public controversy, plaintiffs and the state are contesting the sufficiency of the state's response. A court-supervised remedial process may be necessary. (86 footnotes) (MLH)

Under Ohio's existing educational finance plan, the power of school districts to purchase the educational resources commensurate with each district's educational needs is far from equal. Consideration of four specific potential reforms, separately and in combination, indicates that greater equity can be obtained. If Ohio is to avoid substantial…

As in previous years, this publication provides information on two dimensions of public education finance in the United States--raising and distributing education dollars. Information as reported by each of the 50 states is provided. The first section shows the current financing structure used in each state. In 1990, states generally reported four…

This paper evaluates the equity dimensions of a grant-in-aid system based on the Resource Cost Model (RCM), as proposed by the Illinois State Board of Education. The first section is an independent evaluation of the conceptual and legal aspects of the RCM, focusing on both the weaknesses and the strengths of the model. In the second section, an…

This document provides an overview of the 17 universities in the Province of Ontario, describing undergraduate and graduate program offerings, sources of operating income and research funding, and linkages between the universities and the private sector. The first section includes a discussion of the appraisal process used to assess both graduate…