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ERIC Number: ED133837
Record Type: Non-Journal
Publication Date: 1976
Reference Count: N/A
Personal Property Tax: The Effects of Its Loss on Illinois Schools. Volume 1.
Pierson, Max E.
This study is one attempt to determine the size and nature of the fiscal reform the Illinois legislature must bring about in order to fulfill the requirements of Article IX, Section 5 of the Illinois Constitution of 1970 that calls for the abolishment of personal property taxes. Chapters discuss the legislative intent of the article and present a simulation of the 1975 fiscal year with property tax adjustments, cost estimates for replacement revenue to units of local government and school districts, alternative tax sources for replacement revenue, alternative methods of allocating the replacement revenue, and a summary of the information gained in pursuit of the study's 23 purposes and recommendations based on those findings. (Author/IRT)
Descriptors: Educational Finance, Elementary Secondary Education, Finance Reform, Models, Property Taxes, Resource Allocation, Simulation, State Aid, State Legislation, Statistical Analysis, Tables (Data), Taxes
Center for the Study of Educational Finance, Department of Educational Administration, Illinois State University, Normal, Illinois 61761 ($3.70)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Illinois State Univ., Normal. Center for the Study of Educational Finance.
Identifiers - Location: Illinois