This article contributes to the ongoing discussion of the adequacy of funding for public schools, specifically with regard to the provision of programs for at-risk children. Of particular concern is the determination of realistic, research-based costs of adequately funded programs. This article has three basic parts: the definition and measurement…

This article deals with the current situation of revenues, expenditures and school finance. The authors discuss elaborating conceptions of resources, clarifying why funding is often wasted, and why the translation of funding into effective resources is not straightforward. They discuss their approach of converting revenues to results in a simple…

In this article, the author continues to develop the perspective of the improved school finance, an effort to move beyond the conventional framing of funding and resource issues, presented in the article by Grubb, Huerta, and Goe in this issue. Here, the author presents the results of use of the National Educational Longitudinal Survey of the…

This article seeks to address the challenge of activating the seven educational resources, ordered by Justice Leland DeGrasse in the case "Campaign for Fiscal Equity (CFE) v. State of New York," into effective teaching and learning methods, and mobilize the constructs advanced by the improved school finance framework as an analytical tool to…

A group of low-performing schools received additional state funds to improve achievement as part of California's Immediate Intervention/Underperforming Schools Program (II/USP). A mixed-method evaluation was conducted to determine whether II/USP schools outperformed similar non-II/USP schools, how teachers and administrators understood resources…

The purpose of this research is to investigate factors that contribute to fiscal problems for public school districts in order to develop a model using benchmarks for maintaining fiscal health. School district revenues and expenditures are analyzed in order to identify patterns that can be used to predict financial stress. Of the 606 school…

In this policy brief, the author contends that there are four other principal causes of the collective poor showing on reaching state equity goals in the United States. These are the Four Horsemen of the Apocalypse in the school finance world. The first horseman rides an economic horse, the second a sociological horse, the third a political horse,…

Public education funding in the past 40 years has increased significantly, with parties turning to the judiciary in order to address perceived educational opportunity inequities arising from state education finance distribution formulas. As the 21st century opens, the question of public education finance is set squarely before the courts. This…

A decades-long school funding revolution continues in the United States. The litigation sparked by the Supreme Court of California's 1971 decision in "Serrano v. Priest" continues to reshape the legal, political, and educational landscape in the United States, affecting the lives of children, parents, educators, and taxpayers throughout the…

In the educational finance litigation context, recent actions have been premised on the argument that the aid distribution system is fiscally inadequate, thus drawing attention away from a concern for equity. The financing of public education in North Carolina and the constitutional provisions undergirding the same have been the subject of…

On June 23, 2005, oral arguments were heard in the Fulton County Superior Court in the first round of Georgia's current school finance litigation, "CASFG v. State of Georgia." The hearing was on the state's motion to dismiss the action by a coalition of rural school districts, parents, and students. Four months later Senior Judge Elizabeth Long…

The state of Florida has since the time of "San Antonio v. Rodriguez" an education finance system called the Florida Education Finance Plan (FEFP), which makes substantial effort to equalize per-pupil spending in all of the state's school districts, while recognizing the local factors that may necessitate changes in that spending. Still, that…

This article presents a broad overview of human capital theory and presents highlights of the most recent evidence on the private and social returns to education. A distinction is made between the narrow social returns, as traditionally estimated in the economics of education literature, and the wide social returns that include externalities. The…

Reforming school finance systems to support performance standards entails estimating the cost of an adequate education. Cost of adequacy (COA) studies have been done in more than 30 states. Recently Eric Hanushek challenged the legitimacy of COA research, calling it alchemy and pseudoscience. The objectives of this study are to present reliability…

Recent studies that purport to estimate the costs of constitutionally adequate education have been described as either a "gold standard" that should guide legislative school finance policy design and judicial evaluation, or as pure "alchemy." Methods for estimating the cost of constitutionally adequate education can be roughly divided into two…