State Education Aid Formulas: a Comment on the Equivalence of Flat Grants and Foundation Programs

Wayne K. Talley
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Wayne K. Talley: Old Dominion University (Norfolk, Virginia)

Public Finance Review, 1974, vol. 2, issue 4, 493-496

Abstract: In a recent paper in this journal, Gilmer and Morgan attempted to prove that there is equivalence among certain forms of education subsidy programs-flat grants, foundation programs, and equalized apportionment formulas. This paper demonstrates that the proof presented by Gilmer and Morgan does not support the conclusion that these subsidy programs are equivalent.

Date: 1974
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Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:2:y:1974:i:4:p:493-496

DOI: 10.1177/109114217400200408

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