This monograph examines several proposed school finance formulas addressing funding and/or taxation disparities produced by the current Illinois system. The analysis is conceptual, as each model is either in the developmental stage or has not been simulated to demonstrate actual impact. Specific algebraic formulations are ignored when discussing…

Examines a "Forbes" cover story on educational expenditures that poses questions related to three current research guidelines for educational finance: adequacy, equity, and efficiency. Different "production functions" must be sought for children of differing family backgrounds. Without adequate education, the world's armies,…

In this policy brief, the author contends that there are four other principal causes of the collective poor showing on reaching state equity goals in the United States. These are the Four Horsemen of the Apocalypse in the school finance world. The first horseman rides an economic horse, the second a sociological horse, the third a political horse,…

The equity of public school funding in Illinois is investigated in this report. A longitudinal, cartographic methodology examines the county as the unit of analysis for the school years 1972-73 through 1990-91. Findings indicate that Illinois school districts are currently more unequal than when the state equalization aid formula state was adopted…

This publication contains testimony, given by personnel at the Center for the Study of Educational Finance, initially intended for legislators at the federal and state levels to help them deal with public policy matters in K-12 finance. The first document is testimony given before the United States Senate Committee on Labor and Human Resources,…

A new formula proposed for categorically funding local education programs in Illinois can channel more money into programs for excellence than can general purpose grants. The formula, which would provide venture capital to stimulate local initiatives, would depend on district plans for using the money to improve instruction and on distribution of…

An overview of the constitutionality of various state public education finance systems is presented. Issues addressed include education as a fundamental right mandated by the education clause of state constitutions and the impact of the equal protection clause on the education clause. Criteria for successful challenges to state school finance…

This monograph evaluates the equity, adequacy, and efficiency of the Illinois system of school finance. After a brief introduction outlining the purpose and limitations of the study, it first develops two operational definitions of equity, based on disparity measurements and on the association between district spending and local wealth. The…

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…