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ERIC Number: ED140476
Record Type: Non-Journal
Publication Date: 1977
Reference Count: N/A
Alternative Measures of Local Wealth and Effort.
Hou, J. Dan; Carson, Warren B.
Under Illinois revenue equalizer school finance formula, school districts with the same operating tax rate are guaranteed the same operating expenditure level. However, with other factors held constant, it is harder for relatively low-income districts to pass referenda to raise their operating tax rates in order to gain a higher operating expenditure level under the revenue equalizer formula. This publication contains two articles that discuss two alternative school finance mechanisms that are intended to provide equal access to available resources for relatively low-income districts. Chapter 1, which was written by J. Dan Hou, covers a study investigating the effects of four income weightings applied to assessed valuation on the distribution of Illinois state aid to education. Chapter 2 covers a study conducted jointly by J. Dan Hou and Warren B. Carson, which was designed to compare the effects of three separate income weightings applied to operating tax rates on the distribution of Illinois state aid to education. (Author/JG)
Descriptors: Assessed Valuation, Educational Finance, Elementary Secondary Education, Equalization Aid, Expenditure per Student, Finance Reform, Models, State Aid, State School District Relationship, Statistical Analysis, Tables (Data), Tax Rates
Center for the Study of Educational Finance, Department of Educational Administration, Illinois State University, 331 DeGarmo Hall, Normal, Illinois 61761 ($2.00)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Illinois State Office of Education, Springfield. Dept. of Planning, Research and Evaluation.
Identifiers - Location: Illinois