After being sued for inequity and inadequacy in school funding, many states in the US have reformed their education aid formulas but have still faced many criticisms. Using Connecticut as an example, this paper shows how to design a more equitable and adequate aid formula with tools to win broad support from communities and lawmakers. It develops…

This study examines patterns of state financing in public community colleges. The focus of the study is to not only show the disparities that exist across the 50 states in terms of fiscal capacity to provide funding for community colleges, but also in the effort that is exerted to fund community colleges. The study combines the Bureau of Economic…

Charter schools enroll a growing share of public school students, leading to concerns about the financial implications of charter schools for traditional public schools (TPSs). Using detailed expenditure data for school districts in California, I exploit variation in charter school enrollment across time and between districts to evaluate how…

Each year, the U.S. Department of Education assigns all private nonprofit and for-profit colleges receiving federal financial aid dollars a financial responsibility score, which is designed to reflect an institution's overall financial stability. Yet no scholarly literature has examined financial responsibility scores or whether colleges respond…

The funding of public education in America has been a primary concern for government officials at the federal, state, and local levels for several generations. According to the National Center for Education Statistics, this expenditure accounts for the single largest allocation in most state and local government operating budgets (Stanley and…

Over time, issues of justice and fairness in education finance have been addressed by the courts in all but five states. The key focus has been on illegitimate disparities in funding between rich and poor school districts caused by the happenstance of unequal local wealth. Recently, attention has turned to the relationship between funding gaps and…

This article uses survival analysis to investigate the symptoms of fiscal distress that can lead to significant reductions in instructional expenditures by independent public school districts in the United States. We hypothesize that the likelihood of significant reductions in instructional expenditures is positively correlated with revenue…

In Massachusetts, state aid to public schools fills the gap between a district's foundation budget and its required local contribution. Historic inequities in required local contributions and the resulting inequities in state aid across districts led to a call for education finance reform. Since 2007, the state has put in place a number of…

This research briefly summarizes a series of Ohio Supreme Court litigation known as "DeRolph v. State" and then measures the equality of expenditures among Ohio school districts. "DeRolph v. State" was a high-profile school finance adequacy case. Nevertheless, the high court continuously expressed concern for the financial…

The reform of education funding systems to achieve greater equity and adequacy is an ongoing struggle in many states. Because funding of public elementary and secondary education is constitutionally a state responsibility, the struggle plays out largely in state legislatures. At the same time, education finance reform does not take place in a…

The fiscal capacity of a school district measures the difference between a district's ability to raise revenues locally and the expenditures needed to provide some specified level of educational services. This article uses several different approaches to calculate fiscal capacity for school districts in Ohio from 1996 to 2006. The results show…

Public elementary and secondary education, a vast, uneven and complex system, is the most significant cost to local government and one of the largest costs to state government in Virginia. Meeting this cost has become even more difficult as the state and nation continue to struggle with the most severe economic downturn since the Great Depression.…

This study was designed to explore fiscal interrelationships that underlay capital outlay funding, including the differences between rural and non-rural school districts. The study additionally focused on the relationships between various capital outlay funding components (capital outlay expenditures per pupil, net assessed valuation per pupil,…

In the 1990s, Tennessee transformed its educational finance landscape through a series of equity litigation known as "Small Schools v. Tennessee I, II, and III," yet there has been no longitudinal evaluation of the efficacy of the changes in the state's education finance mechanism or the concomitant expenditure distributions. Therefore,…

Two years ago a fiscal equity analysis assessed the current Virginia equalization formula over its history (fiscal year 1975-fiscal year 2003). The findings indicated by accepted equity statistics were that the level of equity improved from fiscal year 1975 through fiscal year 1994 and leveled off from fiscal year 1994 through fiscal year 2003.…