Reviews formula funding in higher education literature, including purpose, historical perspectives, definition and development, characteristics, advantages and disadvantages, and future trends. In light of citizen demands, the formula approach seems the best method to ensure a satisfactory relationship between state government and state…

The General Accounting Office assessed the likely impact of replacing personal income with the Representative Tax System (RTS) on the distribution of federal aid among the states in three formula-based programs. These programs were the General Fiscal Assistance Act of 1972, known as the Revenue Sharing program; Title XIX of the Social Security…

Rural Education Achievement Program (REAP) grants give rural districts a new source of federal funds. REAP has two separate programs that address the specific needs of rural districts. The first is the Small and Rural Schools Achievement Program; the second is the Rural and Low Income Schools Program. Explains the differences in the programs and…

Argues that standards-based education reform has shifted the focus of school finance from equity to adequacy. Requires an explicit connection between the funding provided to schools and the results produced in terms of student learning. (Contains 19 references.) (MLF)

Recent court decisions and legislation show that an adequate school finance formula must provide sufficient money so public schools can teach all students. Four different approaches for determining school finance adequacy are: (1) determining the economic cost of various educational functions; (2) linking spending to performance benchmarks; (3)…

This paper offers a conceptual and technical framework for examining alternative approaches for funding special education. The paper discusses fundamental policy questions that guide the selection of an appropriate funding approach, presents criteria for evaluating funding formulas, and analyzes alternative approaches for their fiscal and…

The magnitude of special education funding requirements has placed strains on both state and local budgets. Funding formulas for special education can be grouped as resource based, child based, or cost based. A table provides a summary of the incentives and disincentives associated with each type of funding. (13 references) (MLF)

School-finance equity is deceivingly complex. Equity necessitates fair and just treatment, which might actually require unequal treatment of some individuals or groups. State governments face a tremendous challenge in developing school-finance systems that result in equity for children. Obstacles include finding the correct mix of taxes to…

When the Cincinnati Public Schools devised a reform strategy for improving student performance, it became clear that the district's traditional budgeting system was inadequate. Traces the district's process of moving to a system of student-based budgeting linking funding equity and flexibility to accountability and excellence. (MLF)

Wisconsin's guaranteed tax base equalization formula has no direct adjustment for the additional costs of educating poverty level pupils. This paper establishes the need for an adjustment and examines three measures (based on varying poverty definitions) to determine which provides the most equitable funding formula for educating poor children. (9…

This report which describes state systems for financing special education programs for school-age children with disabilities, is based on a is based on a national survey of state directors of special education during the 1992-93 school year. Emphasis is on determining state funding formulas, recognizing that many states are currently in various…

This paper presents a fiscal impact analysis of special education funding of inclusion at one of Indiana's pilot test school sites. Preliminary information includes a brief history of education for children with disabilities in the least restrictive environment. Indiana's weighted formula for special education funding is then explained and…

This study evaluated the relationship between Massachusetts special education expenditures and revenues and the overall allocation of school budgets between special and regular education. An introduction reviews the study's background, census-based funding in Massachusetts, education reform efforts in the state, the Foundation Budget approach…

This literature review on special education finance is based on computerized bibliographic searches, nominations from leading special educators, and citation searches. It is organized into four sections covering the following topics: (1) costs, (2) funding sources, (3) funding formulas for special education programs and services, and (4) fiscal…

This monograph offers an overview of historical trends in the funding of special education programs, examines current issues, and considers directions for the future. After an introductory section, a section on historical perspectives notes trends in federal and state funding since 1975. A table shows the current funding formulas used by each…