Financing Education Equitably & Sources of Revenue - Essay Example

Comments (0) Cite this document
Name: Course: Instructor: Date: Abstract The purpose of this paper is to examine the wealth of district schools, and the apparent measurement trends that affect school financial formulas. Additionally, it looks at the problems associated with measurement formulas, the school financial equitability and sources of revenue…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.4% of users find it useful
Financing Education Equitably & Sources of Revenue
Read TextPreview

Extract of sample
"Financing Education Equitably & Sources of Revenue"

The most commonly used method to ensure equity in disbursement of education funds is measuring the differences in per-pupil revenues among district schools in a state. The most challenging problems that the state faces are ensuring equity and enough education funds allocation among the district schools. Different states have different mechanisms of allocating their funds to district schools. For the states to do away with the problem of considerable variation between the school districts, they had to offer state support based on these different school needs. The needs ranged from the time requirement or in terms of teachers that a given school requires. The following is some of trends used in measuring district school’s wealth. First, flat grant, which refers to, an equal amount of funds allocated to every school in the district. Wealthier states are capable of maintaining small classes, which mean more, students’ aid per student as compare to poor states provide large classes. Secondly, foundation program, which calls for the states to tax the local property a certain amount and therefore, ensuring that each district will receive minimum per-student revenue. If the state, is not able to provide a sufficient amount the state contributes the rest. Thirdly, the state may choose to use to reward for effort method as a measure of school wealth in the districts. The method aims at ensuring equal burden among the tax payers in the state. The method of equalizing may be based on the percentage or the yield guaranteed by a state. Another common measure of district school wealth is seeking the effect of a combined approach method employed by some states in the allocation of funds. Some states combine foundation program which is the basic method to all states, with other methods such as; reward for effort program, flat grant amongst others. This is because at a certain level, foundation program will require funds from the local property taxes and that the districts should be free to make their tax rates flexible. Measuring the wealth in regard to its category is also a way of determining district school wealth. This aims at achieving equal states support as different district has varied financial needs. Weighing pupils’ weight may also be a way of measuring district school’s wealth, since weighted student count applies in the foundation or reward for effort program in the allocation of funds. The pupil weight method is appropriate since it considers differences in school needs and district school wealth differences. There are several limitations in application of measurement methods which poses problems. Measuring equity in terms of the differences of per-pupil revenue in a state is discriminative, since some states end up with higher funding equity than others. This is because wealthy states provide small class sizes whereas poor states have got large class sizes. The states also face the problem since they have to meet the expectations of a large number of school districts. The ability of the foundation program to be effective in ensuring equality in fund disbursement depends on how the plan set up into action. In addition, the equality efforts by foundation method may be a hoax in that differences in state wealth requires them to select their tax rates. At last the per-pupil revenue requirement may not be met thus leading to a disadvantage. Other methods of funds allocation to districts Read More
Cite this document
  • APA
  • MLA
(“Financing Education Equitably & Sources of Revenue Essay - 2”, n.d.)
Retrieved from https://studentshare.org/education/1453952-ypfinancing-education-equitablyy-ypsources-of
(Financing Education Equitably & Sources of Revenue Essay - 2)
“Financing Education Equitably & Sources of Revenue Essay - 2”, n.d. https://studentshare.org/education/1453952-ypfinancing-education-equitablyy-ypsources-of.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Financing Education Equitably & Sources of Revenue
The allocation of regional funds usually varies with location. Different locations vary with factors like hardships and population. According to Brimley & Rulon (2008) the population and hardship of a region mainly dictates the amount that will be allocated to the region.
3 Pages(750 words)Essay
The Economics of Education & Financing Education Adequately - Assignment 6
It is a genuine matter of frustration for all students and parents and a new study has provided an even more frustrating report proving the factors that are causing the costs to go even higher. These factors are making Parents more skeptical if investing this much money is even worth it.
3 Pages(750 words)Essay
Financing Education Equitably & Sources of Revenue
Education is faced with a number of challenges. Some of the challenges involve the scarcity of learning opportunities. The effect of the problem of scarcity is usually felt among the poor since the rich have the required resources to access education facilities.
3 Pages(750 words)Essay
Therefore, meaning of ‘income’, ‘revenue’ and ‘profit (gain)’ in terms of IAS 18 is important in understanding the principle of revenue recognition. “Income is defined in the Framework for the Preparation and Presentation of Financial Statements as increases in economic benefits during the accounting period in the form of inflows or enhancements of assets or decreases of liabilities that result in increases in equity, other than those relating to contributions from equity participants.
5 Pages(1250 words)Essay
The Economics of Education & Financing Education Adequately
A school is a place where the transmission of knowledge what adults in the society already know, takes place from adults to children. They receive training in a system where each individual develops their skills and intellectual abilities. The benefits of education have a multitude of cognitive advantages; it helps in understanding facts in various academic subjects.
3 Pages(750 words)Essay
The research is of various researches which were conducted seeking to make evaluation of the effects and impact of psychological interventaion on patients suffering from these conditions.
7 Pages(1750 words)Essay
P2P Bit Torrent (Torrents)
It is a freeware, costing nothing to use and does not have any spyware. Unlike other download options, BitTorrent maximizes the transfer rate by gathering pieces of file that one wants to download. The downloading of
5 Pages(1250 words)Assignment
The Economics of Education & Financing Education Adequately
Through education, learners get a chance to take part in socialization activities thereby learning how to get adopted in a number of social situations. Additionally, racial and social injustices in schools have lead to higher education costs in terms of the human effort.
3 Pages(750 words)Essay
Financing sources in Vietnam
3). Batra and Mahmood (2003) have disclosed that the local governments of East Asian developing countries provide assistance for promoting training in the private sector, development of technology, and provision of market information. This is achieved by means of micro finance and other related interventions.
17 Pages(4250 words)Essay
Financing Education Equitably & Sources of Revenue
Additionally, it explains the educational emphasis which includes the adequacy and equity. Financing Education Equitably and Sources of Revenue Case Study Over the decades, education has constantly growing to be a potential investment for many countries. In fact, in most countries education is a basic necessity.
3 Pages(750 words)Essay
The Economics of Education & Financing Education Adequately - Case Study 6
Aside from receiving US$5,125 from the Federal revenue, Fentress County collected US$3,922 (12.1%) from property tax, US$3,317 (9.6%) from local sales tax, and US$5,095 (15.7%) from other local taxes (p. 11). Based on 2005-2009 survey, individuals
3 Pages(750 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Financing Education Equitably & Sources of Revenue for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us