ERIC Number: ED165226
Record Type: Non-Journal
Publication Date: 1977-Apr
Reference Count: N/A
School Finance Equalization Management System: An Overview.
Educational Testing Service, Princeton, NJ. Education Policy Research Institute.
This overview acquaints prospective users with the School Finance Equalization Management System (SFEMS), a computer-based system designed to answer questions about state aid distribution. SFEMS can determine such things as the current pattern of aid distribution, the current pattern of tax effort, or the effect of alternative expenditure and taxation systems. The system is composed of three phases: data collection, aid allocation, and analysis. The data collection component contains all data relevant to the problems being addressed. In the aid allocation component, alternative school finance plans are simulated and new expenditure levels and tax rates are predicted. In the analysis phase, allocation alternatives are compared and evaluated. Several formulas can be used to equalize the allocation of state aid. These are guaranteed valuation, percentage equalizing, district power equalizing, foundation programs, or a general form. State aid formulas that are not equalizing include minimum aid formulas, save-harmless provisions, and categorical aid. The effects of all these allocation formulas can be analyzed through a sequenced report, a frequency report, or a Gini report. (Author/JM)
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: Educational Testing Service, Princeton, NJ. Education Policy Research Institute.