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Steffes, Tracy L. – History of Education Quarterly, 2020
This article explores the passage and failure of the 1973 Illinois Resource Equalizer formula which was designed to reduce disparities in school finance by breaking the connection between local wealth and school revenue. It argues that two sets of goals drove passage of the new law--equity and local property tax relief--and they came into conflict…
Descriptors: Educational Equity (Finance), Funding Formulas, Taxes, School District Wealth