Education Finance in the New Millennium

, by Chaikind, Stephen; Fowler, William J.

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ISBN: 9781930556164 | 1930556160
Cover: Hardcover
Copyright: 1/1/2001

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The 2001 Yearbook of the AEFA reaffirms the connections between the field of education finance and the wider education community. Among the topics it examines are curricula reform, outcome assessment, accountability, community control, and privatization. 2001.

Contributors

Introduction

Education Finance in the New Millennium: Overview and Summary

(8)

Stephen Chaikind

William J. Fowler

The Impacts of Emerging Social, Economic, and Programmatic Change on Education Finance

Funding in the New Millennium

(24)

Richard A. Rossmiller

Projections of Current Expenditures

(8)

Expenditures for Capital Outlay

(2)

Potential Perturbations Affecting School Expenditure Projections

(6)

State School Finance Litigation

(2)

Trends in Taxation

(1)

Technology

(1)

Class Size

(1)

Teacher Compensation

(2)

School Choice: Implications for Financing Education

(3)

Conclusion

(1)

References

(4)

Financial Reporting in the New Millennium

(18)

William J. Fowler

Introduction

(1)

What the Public Would Like to Know

(1)

Meaningful Financial Reporting in the Millennium

(7)

School District Financial Reporting

(1)

School District Fiscal Health

(1)

Benchmarking

(2)

Management and Staff Analysis

(1)

Trends

(1)

Financial Reporting for a School

(2)

Student-Level Financial Reporting

(1)

The Role of Accounting Standards in Financial Reporting

(5)

Governmental Accounting for School Systems

(1)

Entity-Wide Perspective

(1)

Management Discussion and Analysis (MD&A)

(2)

User Fees

(1)

Budgetary Changes

(1)

Depreciation

(1)

Expenses Per Pupil

(1)

Financial Reporting in the Millennium to Meet Public Needs

(1)

Conclusion

(1)

References

(2)

Prospects for Title in the Early 21st Century: Are Major Changes in Store?

(14)

Mary T. Moore

Opinions Shaping the Future Course of Title I

(2)

Progress on the Two Key Steps for Making Title I Effective

(6)

Distributing Federal Title I Funds

(2)

Improving Performance of Disadvantaged Students

(3)

Issues in Moving Forward to 2010

(3)

Expanding Knowledge and the Infrastructure Related to Effective Program Models: Making Title I an Engine of School Reform

(1)

Unifying Federal, State, and Local Efforts to Improve the Education of Poor Children: State Block Grant Options

(1)

The Potential of Market-Driven Reform and Individual Choice in Title I

(1)

Are Major Changes in Store?

(1)

References

(3)

Expanding Value Added in Serving Children with Disabilities

(14)

Stephen Chaikind

Special Education Finance

(3)

Special Education Finance Issues for the Future

(7)

Outcomes, Assessment, and Funding

(2)

Cost Measurement

(1)

Financial Aspects of Inclusion

(2)

Related Service Provision and Sources of Funds

(1)

State Funding Formulas

(1)

Other Funding Issues

(1)

Conclusion

(1)

References

(3)

Financing Higher Education in the New Century

(18)

Mary P. McKeown-Moak

Overview of Higher Education Funding

(1)

Higher Education Cost Issues at the Beginning of the 21st Century

(2)

Financial Aid

(3)

Federal Aid Trends

(1)

Future Federal Issues in Higher Education Financial Aid

(1)

State Appropriations and Funding

(3)

State Financial Aid Trends

(1)

Current and Future State Financing Issues

(1)

Additional Emerging Issues in the 21st Century

(2)

Conclusion

(1)

References

(5)

The Educational Outcome Challenge to Education Finance

A New Millennium and a Likely New Era of Education Finance

(22)

James W. Guthrie

Richard Rothstein

Prologue

(1)

Historic Overview

100

(1)

Education Finance's Evolving Stage Three: The Concept of Adequacy

101

(1)

Historic ``Adequacy'': Politically Determined Inputs

102

(1)

A Modern, Rational, and More Outcome-Oriented Concept of ``Adequacy''

103

(1)

Constructing a Practical Model of Adequacy

104

(2)

Anchoring ``Adequacy'' in Expectations

105

(1)

Knowing What to Spend to Obtain Adequacy

106

(6)

Inferring Costs from Outcomes by Statistical Analysis

108

(1)

Inferring Costs from Empirical Searches for Instructional Adequacy

109

(1)

Inferring Costs from Market Modules

110

(1)

Inferring Costs from professional Judgement

111

(1)

Crucial Research Challenges Regardless of the Approach Utilized

112

(3)

Adequacy's Effects on Education Policy Discussions

115

(2)

Conclusion

117

(1)

References

117

(4)

Illuminating the Black Box: The Evolving Role of Education Productivity Research

121

(18)

Jennifer King Rice

The Concept and the Controversy

122

(3)

Strengthening Education Production Function Research: New Directions for the New Millennium

125

(7)

Configurations of Resources

126

(2)

Multilevel Aspects of Education Productivity

128

(1)

Multiple Production Functions

129

(1)

Education as a Dynamic Process

130

(2)

Appraising the Future Utility of Education Productivity Research

132

(3)

References

135

(4)

Research Directions for Understanding the Relationship of Educational Resources to Educational Outcomes

139

(20)

David Grissmer

Evidence from National Educational Resource Growth and Achievement Trends

140

(2)

Changing Interpretations from Reviews of Nonexperimental Studies

142

(3)

The Role of Experimentation in Improving Nonexperimental Measurements

145

(3)

Experimental Data on Class Size

146

(2)

Deriving Specification Implications from Experimental Studies

148

(1)

Reconciling Experimental and Nonexperimental Results

149

(1)

Conclusion

150

(1)

References

151

(8)

Public and Private Funds for Public and Private Schools

New Revenues for Public Schools: Blurring the Line Between Public and Private Finance

159

(14)

Michael F. Addonizio

Nontraditional Revenue Sources for Public Schools

160

(3)

Donor Activities

160

(2)

Enterprise Activities

162

(1)

Shared or Cooperative Activities

163

(1)

Revenue Implications of Market-Based Reforms

163

(4)

General Issues

164

(1)

For-Profit Schools

165

(1)

The Future of For-Profit Schools

166

(1)

Implications for Equity in Public School Finance

167

(1)

Summary and Conclusions

167

(1)

References

168

(5)

Public Money and Privatization in K-12 Education

173

(20)

F. Howard Nelson

Rachel Drown

Ed Muir

Nancy Van Meter

The Education Industry

173

(3)

Privatization in Chapter Schools

176

(8)

School Size and Pupil-to-Teacher Ratios

179

(1)

Administrative Costs and Economies of Scale

179

(1)

Special Education and Disadvantaged Children

180

(1)

Innovation

180

(1)

Performance Contracting

181

(1)

Cost Containment

181

(1)

Attracting Private Sector Capital

182

(1)

Improving Student Achievement

183

(1)

A Look Backward from the Year 2010 on the First Decade of the New Millennium

184

(3)

Alternative Hypothetical Scenarios for Future Publicly Funded Privatization

184

(3)

Conclusion

187

(1)

References

188

(5)

Conclusion

193

(8)

William J. Fowler

Stephen Chaikind

References

199

(2)

Index

201

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Education Finance in the New Millennium

Summary

Table of Contents

Supplemental Materials