This paper identifies which investments in school facilities help students and are valued by homeowners. Using novel data on school district bonds, test scores, and house prices for 29 U.S. states and a research design that exploits close elections with staggered timing, we show that increased school capital spending raises test scores and house…

This paper analyzes how changes in school expenditures affect dropout rates based on data from 466 school districts in New York during the 2003/04 to the 2007/08 school years. Past traditional regression approaches show mixed results in part because school expenditures are likely endogenous, so that one cannot disentangle cause and effect. The…

The manual is intended to guide attorneys and officials of school districts in the issuance and sale of school district bonds. Purchasers of school district bonds rely on the recommendations of accredited bond attorneys who render opinions concerning the validity and legality of bond issues offered for sale. This manual is designed to assist in…

Points up the need to run school district accounting along the lines of a multimillion dollar business. Criticizes lack of encouragement for managers to economize on budgets, lack of employee incentive programs, and regulations which make it difficult to dismiss nonproductive employees. A questionnaire assists administrators to detect flaws in…

Following the failure of several school levies, the Cincinnati Public School System placed a $9.83 million levy on the ballot in 1991 which passed in spite of tremendous odds against it. The Cincinnati tax levy campaign was successful largely because it adapted to the unique nature of ballot issue campaigns. First, it provided proactive leadership…

Presents a model explaining voter behavior in educational tax rate referenda, arguing that increasing rejection of these referenda is explained by a narrowing gap between actual school expenditures and the level of expenditures voters regard as optimal. (JG)

A multimedia (sound/slide) presentation translates numbers of a school budget into a living representation of the schools served by the school district. Such a presentation was tested with positive results in a New York school district. This article was originally submitted for, and the author received, a 1993 Pinnacle of Achievement Award from…

The six topics presented, each dealing with the El Camino Community College District (California), are: (1) population and dwelling units of cities and communities, (2) analysis of the October 12, 1971 tax rate election, (3) selected housing characteristics, (4) a comparison of the percent of registered voters voting in a tax rate election with…

This report represents data collected by a mail survey comparing budgets, levies, and enrollments of small, rural schools (Class "C") in Montana for fiscal year 1991-1992. The average enrollment of 82 elementary schools was 128 students; the average enrollment of 82 high schools was 58. The average total enrollment of Class "C"…

Cross-sectional analysis of 1971-1972 budget elections and expenditure data in 111 large K-12 school districts in Oregon indicates that the "agenda control" and "fiscal illusion" models predict expenditure levels better than the standard "median voter" model. The median voter model assumes that district expenditures…

The school spending model described in this report involves institutions and information based on the following reasoning. Where education spending must be approved by referenda, the school board seeks to obtain as large a budget as possible. Voters have to approve the budget proposal or accept the "reversion" level of spending--that…