ERIC Number: ED369132
Record Type: RIE
Publication Date: 1994
Reference Count: N/A
The Future of School Finance.
Lockwood, Anne Turnbaugh
Focus in Change, n13 Win 1994
School finance is a complicated topic that is central to determining how to provide quality education to all students. Historically, school finance has been linked to local property taxes, which has led to disparities in school spending. In the 1990s, school finance issues have been more closely linked with student achievement. This has occurred because of the increase over the past 3 decades in school funding without an equal increase in student achievement. Systemic reform with student achievement standards in core areas, revised curriculum, and restructuring of the educational system is essential in finance reform. Greater accountability for teachers and schools is also needed. Financial incentives or sanctions also can be useful in encouraging improvement in schools which should focus more on what they can accomplish with existing resources rather than constantly seeking new money. Reorganizing school systems is necessary so that they create market structures. The history of finance in American schools is based on local control through school districts and local financing through property tax. New financing structures must overcome the problems present in this traditional structure. (JPT)
Descriptors: Academic Achievement, Educational Equity (Finance), Educational Finance, Educational Objectives, Elementary Secondary Education, Finance Reform, Financial Policy, Public Schools, School Restructuring
National Center for Effective Schools, University of Wisconsin-Madison, 1025 W. Johnson St., Madison, WI 53706 ($10).
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Wisconsin Center for Educational Research, Madison. National Center for Effective Schools.