NotesFAQContact Us
Collection
Advanced
Search Tips
Peer reviewed Peer reviewed
Direct linkDirect link
ERIC Number: EJ972838
Record Type: Journal
Publication Date: 2012
Pages: 29
Abstractor: As Provided
Reference Count: 74
ISBN: N/A
ISSN: ISSN-0098-9495
Predicting Significant Reductions in Instructional Expenditures by School Districts
Trussel, John M.; Patrick, Patricia A.
Journal of Education Finance, v37 n3 p205-233 Win 2012
This article uses survival analysis to investigate the symptoms of fiscal distress that can lead to significant reductions in instructional expenditures by independent public school districts in the United States. We hypothesize that the likelihood of significant reductions in instructional expenditures is positively correlated with revenue concentration and debt usage, and negatively correlated with organizational slack and entity resources. Parsimonious models are developed and tested to predict the likelihood of significant reductions in instructional expenditures. The model correctly classifies up to 92% of the sampled school districts. The results show that the most important indicator of significant reductions in instructional expenditures is revenue concentration. School districts with more diverse revenue sources are less susceptible to significant reductions in instructional expenditures. This information can be used to prevent, detect, and mitigate fiscal distress that could lead to significant reductions in instructional expenditures in U.S. school districts. (Contains 5 tables.)
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
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: United States