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ERIC Number: ED404751
Record Type: Non-Journal
Publication Date: 1995-Nov-14
Pages: 17
Abstractor: N/A
Reference Count: N/A
Financing the Future of Education & Explaining Public K-12 Funding Cost for the 21st Century: A School Finance Primer.
West, P. R., Sr.
The three primary sources of funding for public education in America are the federal government, the state government, and the community. This paper presents an overview of trends in funding K-12 public education; the stability of local-funding sources; the value of public education as a factor in cost; political influences on school funding; fiscal implications and local level influence; and the importance of linking educational goals, outcomes, and educational funding. A conclusion is that there are many fiscal (cost of doing business), political (the tax question), and educational reasons (21 Century global standards) for increasing fiscal allocations for public K-12 education. Unfortunately, dependence on local taxpayers places schools in a precarious position. Outdated state-formula systems result in many school districts begging for funding on a biannual basis. (Contains 20 references.) (LMI)
Publication Type: Information Analyses
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A