Fiscal Response of School Districts to District Fiscal Capacity and State Aid. Working Papers in Education Finance, Paper No. 15.

Autor/inn/en	Adams, E. Kathleen; Vincent, Phillip E.
Institution	Education Commission of the States, Denver, CO. Education Finance Center.
Titel	Fiscal Response of School Districts to District Fiscal Capacity and State Aid. Working Papers in Education Finance, Paper No. 15.
Quelle	(1978), (32 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	Assessed Valuation; Elementary Secondary Education; Equalization Aid; Expenditure per Student; Fiscal Capacity; Income; Mathematical Models; School District Spending; State Aid; State Surveys; Tables (Data); Colorado + Suchen Sie Ihr Suchwort? Gleichstellung; Finanzmittel; Einkommen; Mathematical model; Mathematisches Modell; Tabelle
Abstract	Data on 174 Colorado school districts were used to measure districts' responses (as indicated by per-pupil expenditures) to their own fiscal capacity and to state aid that changes over time. Colorado's modified guaranteed tax base (GTB) formula was analyzed and a model constructed that took into account the formula's limits on district spending and its year-to-year changes in a district's state aid based on the district's tax revenues in the preceding year. Such changes comprise an "intertemporal price variable." Data were collected on such variables as district wealth (total and residential assessed value), income, state and federal aid, enrollment size and growth, percentage of minority pupils, and agricultural land prices. Using linear and log-linear correlation equations, researchers analyzed the variables' effects on districts' total and locally-derived expenditures and on the elasticity of these expenditures in relation to changes in other variables' values. Results indicate that Colorado's GTB formula has had significant effects neither on differences across districts in expenditures per student nor on the strong correlation between assessed valuation and expenditures. The results also carry implications for the construction of models of districts' fiscal responses. (RW)
Anmerkungen	Publications, Education Commission of the States, 300 Lincoln Tower, 1860 Lincoln Street, Denver, CO 80295 ($4.00).
Erfasst von	ERIC (Education Resources Information Center), Washington, DC