© Cherriesjd | Dreamstime

Student-Based Budgeting Newsletter

Center for Student-Based Budgeting Newsletter, December 2017

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

Lisa Snell is the director of education and child welfare at Reason Foundation, a nonprofit think tank advancing free minds and free markets.

Snell has frequently testified before the California State Legislature and numerous other state legislatures and government agencies. She has authored policy studies on school finance and weighted student funding, universal preschool, school violence, charter schools, and child advocacy centers.

Snell is a frequent contributor to Reason magazine, School Reform News and Privatization Watch. Her writing has also appeared in Education Week, Edutopia, The Wall Street Journal, USA Today, San Francisco Chronicle, Orange County Register, Los Angeles Times, and numerous other publications.

Ms. Snell is also an advisory board member to the National Quality Improvement Center for the Children's Bureau; is on the charter school accreditation team for the American Academy for Liberal Education; and serves as a board member for the California Virtual Academy.

Before joining Reason Foundation, Snell taught public speaking and argumentation courses at California State University, Fullerton. She earned a Master of Arts in communication from California State University, Fullerton.

Aaron Garth Smith is an education policy analyst at Reason Foundation, a nonprofit think tank advancing free minds and free markets.

Prior to joining Reason, Aaron was senior director of analytics at YES Prep Public Schools, a nationally renowned charter management organization serving nearly 10,000 students. At YES, Aaron was the founding member of the analytics department and oversaw research, state accountability, and data management. In 2012, he was selected by Texas Charter School Association to serve on the on the Accountability Policy Advisory Committee for the State of Texas where he worked with superintendents, business executives, and policy leaders to develop an accountability system that was implemented state-wide.

Aaron graduated from University of Maine with a bachelor's degree in business administration and earned a Master of Business Administration from Mays Business School at Texas A&M University. Aaron is based in Houston, Texas.