indiana resourse to fund education

Paper instructions:
Given the recent change in public K-12 finance where the State of Indiana now funds virtually the entirety of each school corporation’s General

Fund, the key policy questions of fiscal capacity, fiscal effort and financial equity are decided in the school funding formula (usually contained in

the State Biennium Budget).

Part One of the assignment is to identify and describe how the Indiana school funding formula meets the goal of financial equity for K-12

students throughout the state. Please also discuss how you would modify this formula if you believe such modification is appropriate.

Part Two of the assignment is to provide your assessment of the State of Indiana’s level of fiscal effort in funding K-12 education. Please

examine the state’s tax base and the allocation of a portion of that tax base to funding K-12 education.

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