The Effects of State Funding on Property Tax Rates and School Construction

Autor/in	Plummer, Elizabeth
Titel	The Effects of State Funding on Property Tax Rates and School Construction
Quelle	In: Economics of Education Review, 25 (2006) 5, S.532-542 (11 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2005.04.002
Schlagwörter	School Districts; Educational Equity (Finance); Tax Rates; Debt (Financial); School Construction; Full State Funding; Expenditures; School District Wealth; Texas + Suchen Sie Ihr Suchwort? School district; Schulbezirk; Steuergruppe; Schulbau; Staatliche Förderung; Ausgaben
Abstract	In response to concerns over funding for school construction, the state of Texas has implemented two programs to assist school districts with construction-related debt. This paper examines whether these programs have accomplished their objectives of reducing property taxes (the Existing Debt Allotment (EDA) program) and increasing capital outlays (the Instructional Facilities Allotment (IFA) program). I find that school districts receiving EDA funds have reduced their debt tax rates more than non-EDA districts, but they have used the opportunity to increase their operating tax rates. Overall, EDA districts "have not" experienced greater property tax relief. For the IFA program, I find that IFA districts "have" increased their capital outlays more than non-IFA districts. I also examine the IFA program's impact on the equitable distribution of capital outlays. I find that poor school districts have increased capital outlays because of IFA funding, while rich districts have increased capital outlays by increasing tax rates. Middle-wealth school districts do not receive significant IFA funding, nor do they have a rich tax base. Therefore, their capital outlays remain essentially unchanged. Overall, capital outlay equity has decreased. (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10