Educational Need in the Public Economy

Educational Need in the Public Economy

Educational Need in the Public Economy

Educational Need in the Public Economy

Excerpt

Designed as a basic resource document for public policy makers and school finance program planners, this final publication of the National Educational Finance Project (NEFP) presents a variety of data and discussion to support the concept of increased public funding for education, identifies the target populations to be served and the level of funding required to support adequate programs and services, and includes a discussion of potential revenue sources and distribution formulas. As legislatures continue to enact statutes which mandate programs and services for all pupils and as the scope of the educational program is broadened to provide for unique needs associated with the physiological and psychological differences among pupils as well as the variations in occupational goals, the intent of the staff has been that this book would provide basic data and information which could be used as a supporting document for increased educational funding.

This publication is intended for use by state education agency fiscal planners, members of state legislatures and their staffs, local school district administrators, professors and students of educational finance and economics, members of Congress and their staffs, staff members in federal agencies responsible for various aspects of fiscal planning, and others at the state and national level who have a continuing interest in providing adequate educational opportunity for American youth.

The National Educational Finance Project was initiated in June 1968 and operated for a period of six years. The major portion of the funds came from Title V, Section 505, of the Elementary and Secondary Education Act with additional funds being provided from the Bureau for Education of the Handicapped and the Education Professions Development Act through the U.S. Office of Education and from the Department of Agriculture for the school food service component. As the first comprehensive national study of school finance since 1933, the National Educational Finance Project has gained national recognition as a landmark study in the field of school finance. The availability of the basic research findings of the study in the summer and fall of 1971 was very timely in view of the state and federal court decisions which were announced in that period.

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