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Financing Education in a Climate of Change

ISBN: 9780205511792 | 0205511791
Edition: 10th
Format: Hardcover
Publisher: Allyn & Bacon
Pub. Date: 1/1/2008

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SummaryTable of Contents
<>This classic text on school finance contains the most comprehensive and current information that affects school finance, including historical, economic, technological/mathematical, and legal points of view.This book is both scholarly and engaging, and is practical, easy-to-read and comprehend; appealing to a diverse audience of students, educational leaders, parents, and legislators. School finance is an evolving topic and this text, now in its Tenth Edition, continues to cover all current trends to provide readers with a firm knowledge of ed... MORE
Preface
The Economics of Education
Education as Human Capital
Creation of Wealth and Education
Education: An Important Industry
A Public Sector Responsibility
Stimulates Economic Growth
Economic Benefits of Education
Noneconomic Benefits of Education
Taxation and Education
C... MORE
Summary
Assignment Projects
Selected Readings
Endnotes
Financing Education Adequately
Societal Impact on Education Needs
Education Deserves Higher Priority
The Increasing Costs of Education
Goals Have Increased
People Want Better Education
Demographic and Social Changes
The Consequences of Not Educating People
Society Suffers the Effects of Poor Education
The Public Demands Improvement
Summary
Assignment Projects
Selected Readings
Endnotes
Financing Education Equitably
Inequalities in Financing Education
Equity: An Objective of School Finance Reform
Equity at the School Level
Measures of School District Wealth
Historical Influences on Equity
The Equalization Principle
Improving State Equalization Practices
Foundation Program Variations
The Impact of Average Daily Attendance on Equity
Confusion in Current School Finance Practices
Summary
Assignment Projects
Selected Readings
Endnotes
Patterns for School Finance Systems
Developing Patterns
Full State Funding
District Power Equalization
Property Reassessment and Local District Revenues
Equalization of ServicesEmphasis on Weighting Factors
Principal Types of Weightings
Summary
Assignment Projects
Selected Readings
Endnotes
Sources of Revenue
The Taxation System
Characteristics of a Good Tax System
Criteria for Evaluating Tax Structure
Taxes for Education
Property Tax
Income Tax
Sales Tax
Sumptuary Tax
Severance Tax
Potential New Taxes
Lotteries
Private Foundations
School-Business Partnerships
Summary
Assignment Projects
Selected Readings
Endnotes
Eroding Local Control
Diminishing Local Control
Decreasing Rural Influence on Education
Decreasing Urban Economic Advantages
School Districts: Basic Administrative Units
The Administration of Local School Districts
Local Fiscal Control
Advantages of Local Control
Fiscal Independence of School Districts
Trends in Local Taxation Practices
Measures of Local Taxpaying Ability
Local, State, and Federal Tax Responsibility
Summary
Assignment Projects
Selected Readings
Endnotes
Education: A State Function
Early Development of State Responsibility
Development of School Finance Policies
Developmental Stages of School Finance Theory
The Varying State Roles
State Financial Support
State Ability to Support Education
Summary
Assignment Projects
Selected Readings
Endnotes
Federal Interest in Education
Federalism
Historical Role of the Federal Government
Department of Education
Constitutional Role
Federal Expenditures
Federal Fiscal Advantages and Disadvantages
Federal Aid in Lieu of Taxes
Increased Governmental Services
The Future of Federal Aid to Education
Summary
Assignment Projects
Selected Readings
Endnotes
The Influence and Climate of the C
Table of Contents provided by Publisher. All Rights Reserved.

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