Notable Quotable:
“But spending ratios in one state or district don’t always translate well to those in others. Spending levels for student vary thanks to everything from the fine print in state rules and local politics, labor contracts and more. Rather than look outside for answers, we think states should look inside, at their own data, to expose patterns and surface potential funding strategies for high-needs students.”- Dr. Marguerite Roza, director of Edunomics Lab at Georgetown University
Student Based Budgeting in the News:
What’s the ‘Right’ Funding Weight for Low-income Students?
States should examine their own spending patterns in order to devise sound allocation strategies.
Public School Systems are Going Bankrupt
Districts such as Los Angeles Unified have mismanaged funds and now face budget shortfalls that can exceed $400 million.
Should Los Angeles Create College Savings Accounts for LAUSD Students?
Reason’s Lisa Snell argues that scarce resources should be allocated toward improving school quality instead.
IPS Magnet Schools Contribute to Intra-district Funding Disparities
Specialized schools with fewer low-income students receive an extra $700 per student, highlighting challenges that district leaders face when trying to improve funding fairness
Research & Resources Spotlight:
Most Teachers Shortchanged by Pension Systems
Across the U.S., over $50 billion is spent annually on teacher pensions but existing systems neither ensure secure retirements nor incentivize teachers to stay in the classroom.
Follow School Finance Groups and Experts on Twitter:
- Education Research Strategies @ERStrategies
- Center for Reinventing Public Education @CRPE_UW
- Afton Partners @aftonpartners
- Edunomics Lab @EdunomicsLab
- Public Impact @publicimpact
- EdBuild @EdBuild
- Reason Foundation @LisSnell
- Reason Foundation @AaronGarthSmith
- Reason Foundation @TKoteskey76
- Allovue @AllovueBalance
- Allovue @jessgartner