ERIC Number: ED403634
Record Type: RIE
Publication Date: 1996-Jul
Principles of a Sound State School Finance System.
National Conference of State Legislatures, Denver, CO.; Foundation for State Legislatures.
Funding for public elementary and secondary education is a significant portion of most state budgets, representing on average approximately one-third of general fund appropriations. This booklet provides policymakers with five broad principles for the design of state school funding systems--equity, efficiency, adequacy, accountability, and stability. Appendices contain data on federal, state, and local shares in funding public education for 1993-94 and descriptions and classification of basic school-finance formulas. One figure is included. (LMI)
Descriptors: Accountability, Categorical Aid, Educational Equity (Finance), Educational Finance, Efficiency, Elementary Secondary Education, Equalization Aid, Public Education, Resource Allocation, State Aid
National Conference of State Legislatures, 1560 Broadway, Suite 700, Denver, CO 80202 (Item No. 3132; $20).
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: National Conference of State Legislatures, Denver, CO.; Foundation for State Legislatures.