Chapter 8 Financing Public Education Viewing recommendations for Windows: Use the Arial TrueType font and set your screen area to at least 800 by 600 pixels with Colors set to Hi Color (16 bit). Viewing recommendations for Macintosh: Use the Arial TrueType font and set your monitor resolution to at least 800 by 600 pixels with Color Depth set to thousands of colors
Copyright © Houghton Mifflin Company8–2 Criteria for Evaluating Taxes No Unintended Economic Distortions Equitable Easily Collected Responsive to Changing Economic Conditions
Copyright © Houghton Mifflin Company8–3 Local Sources of School Funds Property Tax Other Sources, including –User Fees –Exclusive Product Rights
Copyright © Houghton Mifflin Company8–4 State Methods of Financing Local School Districts Flat Grant Model State gives all local districts a fixed amount per student. Foundation Plan State guarantees a minimum expenditure per student to all districts. Power- Equalizing Plan State pays smaller percentage of local school expenditures as wealth of local district rises. Weighted Student Plan State aid is weighted according to special needs of students.
Copyright © Houghton Mifflin Company8–5 Two Types of Federal Grants Categorical Grants Funds designated for a specific group or purpose Block GrantsFunds to be used for general purposes, at the discretion of the recipients
Copyright © Houghton Mifflin Company8–6 School Finance Trends Taxpayer Resistance Accountability Tuition Tax Credits, Educational Vouchers, and School Choice Streamlining School Budgets Infrastructure and Environmental Problems