Financing Education Equitably & Sources of Revenue - Essay Example

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Financing Education Equitably & Sources of Revenue

The most commonly used method to ensure equity in disbursement of education funds is measuring the differences in per-pupil revenues among district schools in a state. The most challenging problems that the state faces are ensuring equity and enough education funds allocation among the district schools. Different states have different mechanisms of allocating their funds to district schools. For the states to do away with the problem of considerable variation between the school districts, they had to offer state support based on these different school needs. The needs ranged from the time requirement or in terms of teachers that a given school requires. The following is some of trends used in measuring district school’s wealth. First, flat grant, which refers to, an equal amount of funds allocated to every school in the district. Wealthier states are capable of maintaining small classes, which mean more, students’ aid per student as compare to poor states provide large classes. Secondly, foundation program, which calls for the states to tax the local property a certain amount and therefore, ensuring that each district will receive minimum per-student revenue. If the state, is not able to provide a sufficient amount the state contributes the rest. ...Show more

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Name: Course: Instructor: Date: Abstract The purpose of this paper is to examine the wealth of district schools, and the apparent measurement trends that affect school financial formulas. Additionally, it looks at the problems associated with measurement formulas, the school financial equitability and sources of revenue…
Author : hveum
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