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Education Policy Analysis Archives, v17 n14 Aug 2009

While there is an extensive literature analyzing the relative equity of state funding systems for current operating revenues, there is a dearth of research on capital funding systems. This article presents an analysis of the school capital funding system in Kentucky since 1990, using the operating-revenue analysis concepts of horizontal equity, vertical equity, and fiscal neutrality. In general one could tentatively conclude that Kentucky's capital-funding system was reasonably equitable until an expansion of district options in 2003-04 was followed by greater measures of inequity. This analysis points to specific methods for Kentucky to restore equity to its school capital funding structure as well as a model for analysis of other capital funding systems. (Contains 6 tables and 3 footnotes.)

Descriptors: Educational Finance, Educational Equity (Finance), Educational Facilities, Financial Support, State Aid, State Government, School Construction, Resource Allocation, School Districts

Colleges of Education at Arizona State University and the University of South Florida. c/o Editor, USF EDU162, 4202 East Fowler Avenue, Tampa, FL 33620-5650. Tel: 813-974-3400; Fax: 813-974-3826; Web site: http://epaa.asu.edu





Autor: Glenn, William J.; Picus, Lawrence O.; Odden, Allan; Aportela, Anabel

Fuente: https://eric.ed.gov/?q=a&ft=on&ff1=dtySince_1992&pg=3963&id=EJ861524



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