Developed by Radford University to overcome the inadequacies of an acquisition allocation system based on faculty demand, this updated allocation formula considers factors of undergraduate credit person hours, number of declared undergraduate majors, graduate credit person hours, number of graduate majors, average cost weighting, importance of…

This report presents the findings and recommendations of a study of New Mexico's financing of education. A task force, created in 1995 by the state legislature, was charged with reviewing public school funding for the purpose of introducing legislation to reform the system. For the study, hired consultants reviewed historical documents, held…

The purpose of this study was to determine if the cost structure of small schools located in large Wyoming school districts differed from the cost structure of small schools located in small districts across the state, and if a difference was found to recommend possible changes to the small school adjustment in the Wyoming school funding model.…

Some groups that are pressing for changes in the state's school funding system represent the interests of a small number of school districts that see themselves as somehow "unfairly" impacted by the state's recapture provisions. Recapture is the part of the funding system that re-allocates state resources that are concentrated in a small number of…

A study of the Supplemental Educational Opportunity Grants program in the 1980-81 award period revealed that the state allotment formula produces a distribution of funds that undermines, rather than supports, the SEOG program's statutory purpose of delivering funds to needy students. (MLW)

This article provides an overview of state finance polices for gifted education and frameworks for evaluating those policies. The frameworks are then applied for evaluating state school finance policies as of 1998-99 and state aid allocated in 2002. Only Florida provided both sufficient and equitable support for gifted education. (Contains…

Argues that colleges and universities need to develop new sources of funding if they are to sustain viable programs of student services. Looks at traditional funding, fees for service, mandatory fees, voluntary fees, and funding for the future. Funding and the use of available funds will dominate the student affairs agenda. (RJM)

Through finance reform, Michigan cut property taxes for school operations nearly 50% and exchanged a district power-equalizing approach to a foundation-allowance program. After three years, there are still strong connections between property wealth and district revenue. However, Michigan has made progress toward equal financial resources for the…

During the 1995-96 school year, Arizona charter schools served over 7,117 students and received over $30 million in funding. An estimated 17,000 students will be served next year. The funding formula is similar to the basic state formula for K-12 education, with similar counting methods and revenue availability. However, charter schools have more…

Discusses the education financing system approved by the Kentucky legislature following the 1989 Kentucky Supreme Court decision striking down the previous educational financing system. The overall structure of the new system is basically sound. The allocation formula is comparatively simple and should permit both equitable administration and a…

Discusses issues related to formula funding and budgeting in higher education, in general, and in academic libraries, specifically. The strengths and weaknesses of state funding formulas and academic library budgeting formulas are evaluated, based on a survey of libraries in eight states. The role of coordinating agencies and structures is also…

District-level fiscal equity, when achieved, will not necessarily result in a fairer distribution of educational resources. School-level inequities generally exceed those found at the district level in most states. If districts were required to distribute funds to schools on a per-pupil basis, school-level equalization could be accomplished…

Explores the recent status of funding formula use among the states, focusing on changes over the last eight years. Determines how guidelines or formulas drive usage and discusses innovations in formula design. Funding formulas are becoming more complex and are used to protect base budgets and achieve equity. Although formula usage will not…

Confronting state funding problems and the federal government's decreasing fiscal responsibility for education, the U.S. House Subcommittee on Elementary and Secondary Education heard compelling testimony last fall from Kern Alexander, who described the "coming apart of America." Pointing to profound inequalities within states, he urged…

During 1995 to 1996, a state-appointed task force examined historical information about New Mexico's school funding, the context of K-12 education, major funding-formula changes since 1974, data from interviews and surveys of school personnel, and data on fiscal capacity, tax effort, equity, and costs. Funding formula changes were recommended. (21…