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ERIC Number: ED262452
Record Type: Non-Journal
Publication Date: 1985
Pages: 42
Abstractor: N/A
Reference Count: N/A
State Fiscal Behavior: A Study of Resource Allocation and Distribution.
Jones, Thomas H.
This paper examines some general principles affecting the timing, extent, and direction of fiscal changes in public school finance systems. To develop a framework that is applicable to a wide variety of states, the analysis concentrates on two dimensions: allocation and distribution. The median voter model and the fiscal neutrality model of state financial decision making are examined. Major changes in public school finance systems occur when states adopt fiscal neutrality principles. The extent and direction of change are understood by considering allocation and distribution patterns across time. This results in a pattern that can be graphically illustrated in a sawtooth pattern with small random gains and losses in fiscal decisions from one legislative session to the next. The data in this study show that change in fiscal policy occurs during nonreform periods as well as periods of major reform. It is important to understand and influence fiscal behavior in nonreform periods if gains are to be made in allocational adequacy and distributional equity. Included in the paper are a list of references, eight graphs, and three tables. (MD)
Publication Type: Reports - Research; Speeches/Meeting Papers
Education Level: N/A
Audience: Policymakers; Administrators; Practitioners
Language: English
Sponsor: N/A
Authoring Institution: N/A