New methods of financing higher education used in Australia, the United States, and the United Kingdom are summarized and compared. The paper concludes that while these approaches are designed to improve efficiency, realize specific outcomes, and leverage additional funds from other sources, they may have unanticipated, unintended, and, in some…

The potential for reconciling state formula funding of higher education with institutional planning needs is discussed. It is proposed that states invent a financing mechanism that funds a fair share of the strategic aims of each public college and university, yet allows the state to invest in a few priorities. New Jersey's experiment with such an…

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)…

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)

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 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…