Articles In This Month's Issue: October 2001
Rethinking the Fiscal Role of the States in Public Education
(PDF 39.7 Kb)
This article offers an empirical examination of the variation in state funding responsibility for K-12 education, considering its impact on equity and innovation in the public school system.
Kenneth K. Wong and Francis X. Shen
Charter Schools and Private ProfitsThe emergence of educational management organizations to run charters raises questions about the pursuit of profits and the quality of education.
David N. Plank, David Arsen, and Gary Sykes
The Impact of Property Tax Limitations on School Funding and PerformanceBecause school districts derive a large proportion of their revenue from property taxes, tax limitations are an important education finance issue. The author explores the effect, of tax limitation legislation on school districts in Nebraska.
James J. Knudsen
Alleviating Teacher Shortages through Pension Plan RedesignShifting demographic patterns have resulted in a teacher short-age that is threatening the quality of classroom instruction in America’s public schools. This article examines how many states are redesigning pension plans to alleviate this growing problem.
Laura Palmer Werneck
Closing the Budget Gap through Tax Base AppreciationThis article describes how the City of Hollywood, Florida, is closing its annual budget gap through an innovative program designed to create tax base appreciation through public capital investment.
Samuel A. Finz and Suzanne E. Utnik
Asset Allocation Practices in the Public Sector: A Primer for Finance OfficersThis article focuses on the key decision affecting the investment of public-sector pensions - asset allocation. It reviews some fundamental concepts, examines how pension plans arrive at their allocation decisions, and then examines the historical shift toward equities.