The Equivalence of Flat Grants and Foundation Programs in State Education Aid Formulas

Robert W. Gilmer and Daniel Morgan
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Robert W. Gilmer: Institute for Defense Analyses
Daniel Morgan: University of Texas at Austin

Public Finance Review, 1973, vol. 1, issue 4, 437-447

Abstract: Conventional education finance literature, even including the reform literature surrounding the Serrano and Rodriguez cases, holds that foundation programs are more equalizing than flat grants. This article demonstrates that there is no theoretical basis for this conclusion. It further shows that equalized apportionment formulas are less cryptic approaches for achieving the goals of foundation programs than the approaches which attempt to “key†on particular school districts.

Date: 1973
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:1:y:1973:i:4:p:437-447

DOI: 10.1177/109114217300100407

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