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.…

This article aims to "modernize" the current legal debate over inequitable public school funding at the state and local level. The 1973 Supreme Court case of "San Antonio Independent School District v. Rodriguez" established precedent, allowing for property-tax based education funding programs at the state-level--a major source of local inequality…

Evidence suggests that accountability and financial pressures are causing schools across the country to reduce investments in subject areas that are not assessed for accountability purposes. However, due to the design of financial reporting systems in most states, inadequate data are available to analyze spending levels and patterns for specific…

The Obama administration's education reform agenda has included an increased emphasis on the role of charter schools generally and a specific emphasis on charter management organizations (CMOs) in replicating best practices and helping "turn around" the lowest performing 5% of the nation's public schools. Through interviews with more than 50…

This article considers the role of higher education in state budgets. It empirically models and tests the balance wheel hypothesis in a robust framework. The balance wheel model posits that in good economic times, higher education is an attractive area for states to fund and tends to be funded at a higher rate than other state budget categories.…

Over the past few decades, a handful of states have chosen to provide state financing of special education programs through a method referred to as "Census-Based" funding--an approach which involves allocated block-grant funding on an assumed basis of uniform distribution of children with disabilities across school districts. The approach has been…

The purpose of this study was to replicate the analysis made by D. Verstegen and L. Driscoll in "The Illinois Dilemma" (2008) utilizing the actual allocations to districts resulting from the funding formula in Illinois for the 2004-2005 school year to understand the influence of adjusted values on determinants of fiscal equity. The results of a…

This article presents the authors' response to a response to their research on Illinois in which the authors analyze the equity, adequacy, and legal issues related to school finance. The Responders' quarrel with that portion of the authors' research that addresses equity and create a "de novo" analysis, by treating unequals equally--an invalid…

This is a watershed era in education as the states and the nation move from the old equity and adequacy of minimums and basic skills to the new equity and adequacy of excellence in education and proficiency outcomes for all children and at all schools. This is being driven by the requirements of the knowledge society, global economy, and…

Although datasets such as the Integrated Postsecondary Data System are available as inputs to higher education funding formulas, these datasets can be unreliable, incomplete, or unresponsive to criteria identified by state education officials. State formulas do not always match the state's economic and human capital goals. This article analyzes…

March 24, 2007, marked a decade since the Ohio Supreme Court first ruled that the state school funding system was unconstitutional. Further, "DeRolph I" was followed by three more Ohio State Supreme Court decisions regarding the issue. Although the judicial decisions of "DeRolph I and II", reinforced by "DeRolph IV", clearly identified the legal…

Within the past 2 decades, the education services industry has been characterized as going through a period of high tuition with an increased reliance on the use of loan financing. This study examines the impact of this high-tuition, high-loan approach, especially as it relates to the role of socioeconomic status on educational choice within…

John Kenneth Galbraith proposed a test for the "good society" that deals directly with the financing of education. The Arizona Constitution may require that the legislature establish and maintain a "general and uniform" public school system, but, as the author argues in this article, the chronicle of the school funding cases in Arizona is more of…

Although the notions of vertical and horizontal equity are straightforward, constructing valid measures of each has proven difficult in states that make revenue adjustments for multiple factors. In this article we introduce an alternative approach for assessing horizontal and vertical equity that addresses this problem. This approach is based on…