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ERIC Number: ED206055
Record Type: Non-Journal
Publication Date: 1981-Mar
Pages: 88
Abstractor: N/A
Reference Count: N/A
Towards the Development of More Comprehensive Measures of School District Wealth.
Thornton, Robert J.
The author tests several ways in which income can be added to property wealth to improve the measurement of school-district fiscal capacity. His first chapter discusses the economic and legal reasons for this improvement, notes that seven states already combine income and property, and distinguishes adding income and property together from multiplying them together. Chapters two and three focus on the problem of the appropriate weights to use when adding the two factors. In chapter two, an empirical method that uses regression analysis to weight each factor according to districts' spending practices is compared with a theoretical method that converts property valuation into an income flow. Data from all Ohio, Pennsylvania, Kansas, and Minnesota districts indicate that the empirical method weights property more heavily, while the theoretical method leans more on income. Chapter three tests the effects of these weightings on fiscal capacity and levels of state aid in rural, suburban, urban, and central-city districts in the same four states. The results show that, in most districts, the larger the weight on income, the larger the change in fiscal capacity and state aid. (RW)
Not available separately; see EA 013 769.
Publication Type: Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: National Inst. of Education (ED), Washington, DC.
Identifiers - Location: Kansas; Minnesota; Ohio; Pennsylvania