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Gatti, James F.; Tashman, Leonard J. – National Tax Journal, 1976
Argues that typical Equalizing Matching Grant (EMG) systems for distributing state school aid cannot be expected to achieve the allocative and distributive goals of school finance. Derives a generalized EMG system and specific school aid formula that satisfy the allocative and distributive criteria. Available from: NTA-TIA, 21 East State Street,…
Descriptors: Educational Finance, Elementary Secondary Education, Equalization Aid, Finance Reform