A Guide to Ohio School Finance. Money and Education [electronic resource] / Brenda L. Biles and James F. Ward.
To help Ohio's educators, legislators, and others understand school finance reforms and equalization plans, this manual provides an overview of the state's public elementary and secondary school financing and explores issues and options in educational finance. An introductory chapter trace...
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Full Text (via ERIC) |
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| Format: | Electronic eBook |
| Language: | English |
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[S.l.] :
Distributed by ERIC Clearinghouse,
1981.
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| Summary: | To help Ohio's educators, legislators, and others understand school finance reforms and equalization plans, this manual provides an overview of the state's public elementary and secondary school financing and explores issues and options in educational finance. An introductory chapter traces the legal history of school finance reform, explaining the significance of Serrano v. Priest and other cases in six states. Chapter two reviews the fiscal structure of Ohio's state and local governments and discusses the concepts of fiscal effort and fiscal performance. Moving from the broader governmental context, chapter three describes Ohio's current plan for state educational aid and the levels of aid it grants to districts. The chapter explains how to compute the state's equal yield formula--a "district power" equalizing plan--and gives exercises to help the reader learn to apply it. Also included are descriptions of Ohio's categorical aid for vocational and special education, disadvantaged students, and others. Finally, chapter four analyzes statewide disparities in school districts' wealth, expenditures, and tax rates and examines their relationships to the school finance formula. Appended is a brief update on recent legislative changes in the state's aid plan. (Author/RW) |
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| Item Description: | ERIC Document Number: ED208543. Sponsoring Agency: National Inst. of Education (ED), Washington, DC. Contract Number: NIE-G-79-0071. ERIC Note: For related documents, see EA 014 095-097. Educational level discussed: Elementary Secondary Education. |
| Physical Description: | 53 p. |