This report provides background information for discussion of major higher education finance issues and options. Terminology for comparing funding methods for public higher education across states is introduced. An overview of the evolution of the objectives of funding methods over time is provided, and detailed profiles of the major…

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…

Some groups that are pressing for changes in the state's school funding system represent the interests of a small number of school districts that see themselves as somehow "unfairly" impacted by the state's recapture provisions. Recapture is the part of the funding system that re-allocates state resources that are concentrated in a small number of…

This article provides an overview of state finance polices for gifted education and frameworks for evaluating those policies. The frameworks are then applied for evaluating state school finance policies as of 1998-99 and state aid allocated in 2002. Only Florida provided both sufficient and equitable support for gifted education. (Contains…

During the 1995-96 school year, Arizona charter schools served over 7,117 students and received over $30 million in funding. An estimated 17,000 students will be served next year. The funding formula is similar to the basic state formula for K-12 education, with similar counting methods and revenue availability. However, charter schools have more…

Discusses issues related to formula funding and budgeting in higher education, in general, and in academic libraries, specifically. The strengths and weaknesses of state funding formulas and academic library budgeting formulas are evaluated, based on a survey of libraries in eight states. The role of coordinating agencies and structures is also…

Explores the recent status of funding formula use among the states, focusing on changes over the last eight years. Determines how guidelines or formulas drive usage and discusses innovations in formula design. Funding formulas are becoming more complex and are used to protect base budgets and achieve equity. Although formula usage will not…

Confronting state funding problems and the federal government's decreasing fiscal responsibility for education, the U.S. House Subcommittee on Elementary and Secondary Education heard compelling testimony last fall from Kern Alexander, who described the "coming apart of America." Pointing to profound inequalities within states, he urged…

In its recent report, the Governor's Committee on Education Excellence proposes a major restructuring of California's school finance system, replacing most of the separate programs through which revenue now flows from the state to local school districts with a base program and a targeted program. The base program would serve the educational needs…

This memorandum describes the calculations used to figure the instructional subsidy for postsecondary education in Ohio, focusing on why the model operates as it does and the implications of the current funding model. The two principle factors in the instructional subsidy model are institutional enrollments and actual costs. The model begins with…

The system used in Illinois for financing public education underwent major reform in 1973. At that time four alternative formulas for determining equalization aid levels were established. In 1980 three of these formulas were eliminated and only a modified version of the Resource Equalizer formula remains in use. This report provides an overview of…

State-level funding formulas should be changed from enrollment-based to fixed cost-based, using standards such as those of the Association of Research Libraries. Funding linked with programmatic changes encourages quality of the institution and rewards effective library management. (CDD)

Currently, state aid for education in New York State is distributed through over 50 separate and unnecessarily complex formulas and grants-in-aid. The approach recommended in this proposal consolidates 39 of these current categories into a single foundation allocation, while increasing the percentage of the state share and providing districts with…

This report extends the funding gap analysis for K-12 districts that was published by The Education Trust in August 2002. This study provides information on the national ranking of all Illinois' school districts based on poverty quartile and state and local funding. It also examines funding adequacy, in addition to funding equity. (Contains 4…

This publication was undertaken by the National Center for Education Statistics in partnership with two private entities, the American Education Finance Association (AEFA), which contracted for the information collection, and the National Education Association (NEA), which funded the effort. Education finance researchers from the University of…