Insights
Number 16, March 2004
In this issue
School Finance Adequacy: The State Role

Introduction

From Equity to Adequacy: The Growing Role of the State in School Finance

Determining the Cost of an Adequate Education

Four Approaches

A Quick and Dirty Look at the Foundation Program for School Finance

Recent Adequacy Studies

What Does All this Mean for Policymakers?

How Do Policymakers Select a Model?

Implementing and Evaluating the Adequacy Model

Web Resources

At a Glance

References

Credits

Southwest Educational Development Laboratory

Insights | School Finance Adequacy: The State Role | Introduction

Introduction

In This Issue

Since the 1989 Kentucky Supreme Court ruled that Kentucky's K-12 education system failed to provide an adequate education to all children, adequacy has overtaken equity as the top school finance issue. In this issue, we discuss how adequacy can be determined and the challenges it presents to policymakers.

Introduction

Perhaps the most visible school finance issue today is adequacy. Defined as the provision of adequate resources to enable all children to meet a state's proficiency standards, school finance adequacy is being addressed in some way in almost every state, especially since the No Child Left Behind Act (NCLB) has upped the ante with its Adequate Yearly Progress provisions. At the same time, most states and districts are facing reduced revenue growth and tighter budgets. State governments in particular feel this pinch because in recent years they have assumed increased fiscal responsibility for funding education.


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