As the U.S. continues to embrace a comprehensive plan for economic recovery, this article investigates the validity of the claim that investing in higher education will help restore state economic growth and prosperity. It presents the findings from a study that indicates that the most consistent predictors of state economic growth related to…

This article examines three trends that challenge the provision of elementary and secondary education. Using the Commonwealth of Virginia as an example, this study compares national and state trends that threaten the stability and funding of public education. The following three trends are likely to present the greatest challenges to the…

This research investigates state finance policies for public elementary and secondary education using survey methodology. The purpose is to update the existing knowledge base in the field as well as to provide a compendium of finance and policy options that are being used across the states to finance school for lawmakers, educators and others.…

The purpose of this research was to address the public policy of adequacy by the creation of a Florida state-wide poverty index model to assist in the distribution of state and local dollars in funding public education. This poverty index model would measure the amount and severity of poverty in every public school within the state each year and…

In the 1990s, teachers' and other educators' salaries increased enough to make Georgia number one in salaries in the South and solidly in the Midwest across the nation. Since 2004, school districts have been trying to make do with much less as this recession continues to force more cuts. Georgia has a very high unemployment rate of 10.25%, a high…

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…

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.…

A shortcoming of the conventional ordinary least squares (OLS) approaches for estimating median voter models of education demand is the inability to more fully explain the spatial relationships between neighboring school districts. Consequently, two school districts that appear to be descriptively similar in terms of conventional measures of…

This overview provides a synthesis of a comprehensive survey of school finance programs in the 50 states conducted in 2006-07. Information was provided by chief state school finance officers or persons with expertise in a state's public school funding-allocation system. Brief descriptions of the major Pre-K-12 funding formulae, district-based…

This quantitative study investigated the degree to which financial resources supporting teachers was equitably distributed in Oklahoma. Teachers are an important resource and their importance is being increasingly emphasized as educators attempt to increase student achievement. Every student educated in Oklahoma should have an equal right to…

School finance adequacy litigation has become a widely-used means in the efforts to improve educational outcomes for children. This form of litigation has been attempted in nearly every state over the past two decades. Despite its prevalence, its effectiveness remains questionable due to a lack of study relating finance litigation to student…

The goal of this study is to apply a conventional education cost-function approach for estimating the sensitivity of cost models and predicted education costs to the inclusion of school district level racial composition variables and further to test whether race neutral alternatives sufficiently capture the additional costs associated with school…

Traditionally, financing the construction of school facilities has been a local responsibility. In the past several decades, states have increased their support for school facilities. Using data collected from various sources, this study first classifies the design of capital aid programs in all 50 states into various categories based on the scope…

A cost-effectiveness analysis was conducted of Gordon, Kane, and Staiger's (2006) proposal to raise student achievement by identifying and replacing the bottom quartile of novice teachers, using value-added assessment of teacher performance. The cost effectiveness of this proposal was compared to the cost effectiveness of voucher programs, charter…

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.…