After discussing basic principles of school funding, and comparing selected school finance indicators in southeastern states, this paper examines how schools districts are financed in Kentucky. Emphasis is given to issues of funding adequacy, efficiency and equity, which together led to the...

In this paper, a conceptual framework is developed representing the dynamic optimization problem for maximizing educational quality subject to a limited amount of available funds. We then examine how the quality of education offered by a school system and the cost of producing education might be...

Data from two states are used for an analysis of the extent to which savings can be achieved through school consolidation. The relationship between per pupil expenditures and enrollment is examined. It is shown that per pupil expenditures for instruction are linked to teachers salaries and...

This study examines the impacts of socioeconomic characteristics of a region on the availability of resources for public elementary and secondary education. A public school administrator is assumed to be confronted with a problem analogous to that confronted by any other firm manager. An...