Designing Finance Structures to Satisfy Equity and Adequacy Goals

Creator

Richard A. King
Austin D. Swanson
Scott R. Sweetland

Files

Publisher

Arizona State University, University of South Florida

Publication Date

February 2005

Abstract

… In this exploration of school finance policy, we advance a conception of adequacy as the ideal state of vertical equity, examine the evolution of this concept through judicial reviews, and discuss methods for determining the level of funding required to achieve adequacy. We then discuss economic and political problems inherent in institutional inefficiencies that are likely to derail efforts to raise achievement in poorly performing schools even after granting them an adequate level of resources. The paper concludes with a description of how a state funding formula might provide a foundation for adequacy in all districts.

Keywords

Education and State

Extent

28

Volume

13

Issue

15

Language

English

Media Type

Journals (Periodicals)

Format

Digital Only

Note

Citation: King, R. A., Swanson, A. D., & Sweetland, S. R. (2005, February 21). Designing finance structures to satisfy equity and adequacy goals. Education Policy Analysis Archives, 13(15). Retrieved [date] from http://epaa.asu.edu/epaa/v13n15.

Identifier

E11-00437

Creative Commons

This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.

Recommended Citation

King, Richard A.; Swanson, Austin D.; and Sweetland, Scott R., "Designing Finance Structures to Satisfy Equity and Adequacy Goals" (2005). Education Policy Analysis Archives (EPAA). 151.
https://digitalcommons.usf.edu/usf_EPAA/151