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ERIC Number: EJ865051
Record Type: Journal
Publication Date: 2009
Pages: 25
Abstractor: As Provided
Reference Count: 25
ISBN: N/A
ISSN: ISSN-0098-9495
The Response of Local School Systems in Georgia to Fiscal and Economic Conditions
Alm, James; Sjoquist, David L.
Journal of Education Finance, v35 n1 p60-84 Spr 2009
The 2001 recession had a major effect on Georgia's fiscal condition. We explore how economic conditions affected state and local financing of K-12 education in Georgia. We find that the magnitude of postrecession cuts in state real revenue per student varied widely across the local school systems in Georgia. We then examine whether and how cuts in real revenue per student at the "state" level affected "local" real revenue per student, and we find weak evidence that local real revenue per student is lower when state real revenue per student is higher--that is, local school systems in Georgia seemed to respond to changes in economic conditions and changes in state real revenue per student by increasing local real revenue per student in order to offset decreases in state real revenue per student. We also find no support for the position that the reaction of school systems in Georgia to changes in state revenue was more pronounced in the years immediately following the 2001 recession. We discuss the implications of our findings for the current economic environment. (Contains 10 figures, 10 tables, and 16 footnotes.)
University of Illinois Press. 1325 South Oak Street, Champaign, IL 61820-6903. Tel: 217-244-0626; Fax: 217-244-8082; e-mail: journals@uillinois.edu; Web site: http://www.press.uillinois.edu/journals/main.html
Publication Type: Journal Articles; Reports - Research
Education Level: Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Georgia