SOURCES OF FUNDING FOR SCHOOLS

Citation
Pl. Howell et Bb. Miller, SOURCES OF FUNDING FOR SCHOOLS, The Future of children, 7(3), 1997, pp. 39-50
Citations number
13
Language
INGLESE
art.tipo
Article
Journal title
ISSN journal
1054-8289
Volume
7
Issue
3
Year of publication
1997
Pages
39 - 50
Database
ISI
SICI code
1054-8289(1997)7:3<39:SOFFS>2.0.ZU;2-Q
Abstract
Public school finance mechanisms differ from state to state, and they are often extremely complex. Most commonly, the federal government con tributes about 7% of the total school budget, and the remainder is spl it fairly evenly between local contributions (primarily raised through local property taxes) and state contributions (primarily raised throu gh state income taxes and sales taxes). The average amount of money pr ovided per pupil varies greatly from one state to another. The method of distributing the state contribution to school districts is equally complex, often involving some combination of basic funding ( which gua rantees a minimum level of general purpose support per student), power equalization (which guarantees that a certain level of local taxation will yield a given level of per-pupil funding), local option (higher levels of taxation approved in some school districts, not equalized by the state), and categorical funding (supplemental state and federal f unds, earmarked for specific needs such as special education or compen satory services to schools with a concentration of poverty, or to meet state-dictated priorities, such as reducing class size or purchasing state-approved textbooks). This complexity often leads to significant variation from district to district in the percentage of funding recei ved from federal, state, and local sources and wide disparities in the level of support for the educational program. Typically, wealthier di stricts provide more of their funding from local taxes, while lower-in come districts are more heavily dependent on state and federal sources .