ERIC Number: ED104034
Record Type: RIE
Publication Date: 1975-Jan
Reference Count: 0
School Finance Reform: The Wherewithals. Special Report, Numbers FC.
School finance reform, in the opinion of many of those concerned, implies a shift away from the local property tax as the main source of revenue for the public schools. The inequities associated with property tax administration and the uneven distribution of property tax wealth within any given state have led to increasing concern about the wisdom of relying on it as the basic source of revenue for the public schools. At the same time, it is not immediately clear what combination of tax instruments should be used to replace the revenue that would be lost if reliance on the property tax were significantly reduced. This publication is designed for legislators, particularly those elected in the Fall of 1974. (Author)
Descriptors: Assessed Valuation, Elementary Secondary Education, Finance Reform, Fiscal Capacity, Guidelines, Legislators, Property Taxes, State Aid, State Legislation, Tax Allocation, Tax Effort, Tax Rates
Education Commission of the States, 300 Lincoln Tower, 1860 Lincoln Street, Denver, Colorado 80203 ($1.00)
Publication Type: Reports - Research
Education Level: N/A
Sponsor: Spencer Foundation, Chicago, IL.
Authoring Institution: Education Commission of the States, Denver, CO. Education Finance Center.
Note: For related document, see EA 006 947