In this Book

summary
During the 1970s, a nationwide school finance reform movement—fueled by litigation challenging the constitutionality of state education funding laws—brought significant changes to the way many states finance their public elementary and secondary school systems. School finance reform poses difficult philosophical questions: what is the meaning of equality in educational opportunity and of equity in the distribution of tax burdens? But it also involves enormous financial complexity (for example, dividing resources among competing special programs) and political risk (such as balancing local control with the need for statewide parity). For those states (like New York) that were slow to make changes a new decade has brought new constraints and complications. Sluggish economic growth, taxpayer revolts, reductions in federal aid, all affect education revenues. And the current concern with educational excellence may obscure the needs of the poor and educationally disadvantaged. This book will provide New York's policy makers and other concerned specialists with a better understanding of the political, economic, and equity issues underlying the school finance reform debate. It details existing inequities, evaluates current financing formulas, and presents options for change. Most important, for all those concerned with education and public policy in New York and elsewhere, it offers a masterful assessment of the trade-offs involved in developing reform programs that balance the conflicting demands of resource equalization, political feasibility, and fiscal responsibility. "Synthesizes the political and fiscal research [on school finance reform] and applies it to the New York Context....A blueprint for how to redesign state school finance....A fine book." —Public Administration Review "This is a book that lucidly discusses the issues in school finance and provides valuable reference material." —American Political Science Review

Table of Contents

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  1. Cover
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  1. Title page, Copyright, Dedication
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  1. Contents
  2. pp. vii-xi
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  1. List of Tables
  2. pp. xiii-xvi
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  1. List of Figures
  2. p. xvii
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  1. Preface
  2. pp. xix-xxii
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  1. Introduction: The Background for Reform
  2. pp. 1-28
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  1. Chapter I. Levittown v. Nyquist: Setting the Agenda for Reform
  2. pp. 29-56
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  1. Chapter II. Political Factors Affecting Reform
  2. pp. 57-80
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  1. Chapter III. The Economic Environment for Reform
  2. pp. 81-112
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  1. Chapter IV. New York State Education Aid Policy: The Formulas and Their Impact
  2. pp. 155-176
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  1. Chapter V. Measuring Fiscal Capacity and Tax Effort in Urban School Districts
  2. pp. 135-154
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  1. Chapter VI. The Finance and Provision of Special-Needs Programs
  2. pp. 155-180
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  1. Chapter VII. Options for Reform: The Building Blocks
  2. pp. 181-204
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  1. Chapter VIII. Options for Reform: A Prototype and Its Implications
  2. pp. 205-232
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  1. Appendix A. Mathematical Explanation of New York State Education Aid Formulas
  2. pp. 233-238
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  1. Appendix B. The Basic Prototype Formula
  2. pp. 239-240
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  1. Appendix C. Prototype Formula: Stage 2
  2. pp. 241-244
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  1. Appendix D. Prototype Formula: Stage 3
  2. pp. 245-248
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  1. Appendix E. Simulation of School District Expenditures
  2. pp. 249-250
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  1. Bibliography
  2. pp. 251-262
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  1. Index
  2. pp. 263-279
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