Articles In This Month's Issue: October 2001

Rethinking the Fiscal Role of the States in Public Education

(PDF 39.7 Kb)GFR October 2001 cover
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 Profits

The 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 Performance

Because 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 Redesign

Shifting 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 Appreciation

This 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 Officers

This 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.
Nicholas Griefer