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Peer reviewedBeck, John H. – Journal of Education Finance, 1979
Investigates the effects of including an income factor in a power equalization aid formula. Some evidence indicates that a power equalization formula with recapture and with an income adjustment may substantially achieve the objective of making education expenditures independent of the wealth of the local district. (Author/IRT)
Descriptors: Elementary Secondary Education, Equalization Aid, Expenditure per Student, Income
PDF pending restorationMcMaster, Donald; Sinkin, Judy G. – 1979
This handbook is one in a series prepared for use at workshops designed to help teachers, administrators, and legislators understand and deal with the intricacies of school finance equalization plans in their states. Michigan's education finance plan is discussed in this particular book. Chapter 1 discusses how Michigan's plan undertakes its…
Descriptors: Elementary Secondary Education, Equalization Aid, Expenditure per Student, Income
