A.C.A. §6-61-234 (Act 148 of 2017) directs the Arkansas Higher Education Coordinating Board (AHECB) to adopt polices developed by the Arkansas Division of Higher Education (ADHE) necessary to implement a productivity-based funding model for state-supported institutions of higher education. Productivity-based funding is a mechanism to align…

This report explains how the Tennessee Investment in Student Achievement (TISA) Act came to be and offers promising practices and lessons other states may adapt to their political and economic contexts. Through in-depth interviews with advocates and state leaders, the authors uncovered five factors that contributed to TISA's passage that have…

California state-level policies are responsible for allocating nearly 80 percent of the revenue received by its K-12 school districts. In 2013-14, the state implemented the Local Control Funding Formula (LCFF), which changed the allocation formula from one based primarily on equal revenue per pupil to an equity-focused allocation based primarily…

In the 21st century, education has become America's most significant marker of class privilege. People with bachelor's and advanced degrees have mostly prospered, while wages for those with less education have fallen. This divergence in economic fortunes lies at the heart of our country's present economic and political discontents. Federal and…

This is the technical appendix for the report, "Teacher Staffing Trends in California: Assessing the Impact of Recent Spending," which examines recent trends in district staff spending, student-teacher ratios, and teacher credentials and experience, with an added focus on districts that received targeted funding for high-need students…

Senate lawmakers found the revenue to support a tax cut that will send $1.68 billion over the biennium to the highest paid 20% of Ohioans who make at least six-figures. Lawmakers made the bold step of closing tax loopholes to offset the cost of this tax cut, rather than spending it on schools, which could directly benefit every community in Ohio.…

Public schools receive funding from three different government sources: local, state, and federal. Local and state governments contribute the majority of funding to support public school systems, while the federal government provides a small fraction (only about 8% on average). Even with recent infusions of federal funding related to the COVID-19…

In this report, the authors propose and simulate a framework for a new foundation formula approach to distributing federal K-12 education aid. This proposal, with full funding and compliance, would provide every school district with the estimated revenues necessary to reach the goal of average national outcomes in mathematics and reading. The…

The Accountability Plan is an annual report that is closely aligned with the Board of Governors' 2025 System Strategic Plan. This report enhances the System's commitment to accountability and strategic planning by fostering greater coordination between University Boards of Trustees and the Board of Governors regarding each institution's direction…

Education finance shapes what is possible in every school in the country. And finance equity is a critical step toward enabling other forms of educational equity for students who are underserved in under-resourced schools. But in too many states, the system of funding for schools remains inequitable, inadequate, and opaque to all but a few. Even…

New research finds that increased spending on public education improves student achievement, thereby debunking the notion that "money doesn't matter" and making the case for greater investment in preschool-12 public education. How money is spent matters, but funding must also be adequate, equitable, and stable from year to year so that…

Even in this endemic period, the California Community Colleges continues to make progress toward meeting its Vision for Success goals, established nearly five years ago to set a path to increase certificate and degree attainment, improve transfer and close equity gaps. This report details the goals outlined in the system's Vision for Success and…

A.C.A. §6-61-234 (Act 148 of 2017) directs the Arkansas Higher Education Coordinating Board (AHECB) to adopt polices developed by the Arkansas Department of Higher Education (ADHE) necessary to implement a productivity-based funding model for state-supported institutions of higher education. At its October 27, 2017 meeting, the AHECB approved the…

One of a state's primary responsibilities is to divvy up the public funds for K-12 schooling. In each state, a set of finance policies determines how the state and local funds are apportioned so that districts and other providers can then apply them to schools and classrooms. Different states use a host of variables and formulas to determine how…

Policy development is fundamentally a process of negotiation. Legislation or other regulatory guidance often requires the support of a range of stakeholders to actually become policy. The resulting policy is therefore a compilation of interests, all partially represented in a final product that sufficiently satisfies enough key stakeholders to…