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School Finance: Achieving High Standards with Equity and Efficiency, 3/E
Richard A. King, University of Northern Colorado
Austin D. Swanson, University of Buffalo, State University of New York
Scott R. Sweetland, Ohio State University

ISBN-10: 020535498X
ISBN-13: 9780205354986

Publisher: Allyn & Bacon
Copyright: 2003
Format: Cloth; 544 pp
Published: 10/02/2002

Suggested retail price: $143.00
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This text examines both the specifics of school finance policy and the impact of evolving economic and political forces on school finance.

School Finance: Achieving High Standards with Equity and Efficiency explores traditional economic and political models and contemporary issues within the current social, political, and economic context. It enables students to see the political and judicial forces at work in shaping school finance policy. It also provides students with tools drawn from economics to analyze the impacts of those policies in terms of equity, adequacy, efficiency, and liberty.

Readers examine the financial implications of systemic reform, including centralized goal setting and accountability via standards, curricula, and testing; decentralized reforms via school-site decision making; and family choice of schooling through charter schools and vouchers for low-income families.

  • Examines balancing differences in values (e.g., equity, liberty and efficiency) in developing policies and making resource allocation decisions.
  • Identifies new sources of funds to supplement traditional local, state, and federal revenue.
  • Teaches strategies used to determine the adequacy of resources in terms of desired educational outcomes in addition to the more traditional concern over equity.
  • Discusses empowering schools and parents to make decisions about the uses of public funds.
  • Provides information on improving resource use in large, urban districts whose students have the greatest difficulty in meeting high academic standards.
  • Enables students to apply concepts through numeric problems, interviews of policy makers, and computer simulations.

  • TECHNOLOGY ADVANTAGE—Expands and integrates computer simulations on a Companion Website.
  • Conceptualizes adequacy as the ideal state of vertical equity and presents methods of estimating adequacy.
  • Explores performance-based allocations of state money to schools and performance- and skills-based pay for teachers.
  • Identifies school practices that are cost effective and those that are resource wasters.
  • Updates judicial reviews of states' responsibilities to fund equitable and adequate finance systems.
  • Expands discussions of state finance to include class-size reduction and funding for preschools.

I. ESTABLISHING A CONTEXT FOR STUDYING SCHOOL FINANCE POLICY.

 1. Financing Schools to Achieve High Statndards For All: A Global Shift in Priorities 

 2. Education Decision Making in a Mixed Economy 
 

II. ACQUIRING RESOURCES FOR SCHOOLS.

 3. Principles of Taxation.

 4. Revenue Sources for Federal and State Governments.

 5. The Property Tax in Support of Schools.

 6. Expanding School Resources: Through User Fees, Cash Flow Management, Capital Outlay, and Partnerships.

III. ALLOCATING STATE AND FEDERAL FUNDS FOR SCHOOLS.

 7. Intergovernmental Transfer Payments and Models for Distributing State Aid.

 8. Adjusting State Aid Programs for Differences in Student and District Characteristics 

9. The Federal Role in Financing Public Education

IV. RETHINKING SCHOOL FINANCE POLICY TO ATTAIN HIGH STANDARDS

10. Judicial Reviews of School Finance Policy

11. Viewing Equity From the Perspecitve of Adequacy

12. Promoting High Student Achievement Efficiently

V. CREATING INCENTIVES TO FOSTER HIGH PERFORMANCE

13. Linking Financial Rewards and Teacher Compensation to Performance Indicators

14. School-Based Decision Making: Provider Sovereignty

15. Privatization and Family Choice of Schooling: Consumer Sovereignty

 

VI. CHARTING NEW DIRECTIONS IN SCHOOL FINANCE POLICY.

 

    16. Implications of Systemic Reform for School Finance Policy

  • Answer Key, 3/E
    King, Swanson & Sweetland
    © 2003 | Allyn & Bacon | On-line Supplement | Instock
    ISBN-10: 0205504604 | ISBN-13: 9780205504602

    Answer Key, 3/E
    King, Swanson & Sweetland
    © 2003 | Allyn & Bacon | On-line Supplement | Instock
    ISBN-10: 0205504604 | ISBN-13: 9780205504602

    Downloadable files:

    • Mac Version (sit) (0.3MB | sit file | Type: Assessment)
      Answers to the Computer Simulations on the Companion Website


    • Windows Version (zip) (0.3MB | zip file | Type: Assessment)
      Answers to the Computer Simulations on the Companion Website


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