Equity and Adequacy in Education Finance: Issues and Perspectives

Spending on K-12 education across the United States and across local school districts has long been characterized by great disparities—disparities that reflect differences in property wealth and tax rates. For more than a quarter-century, reformers have attempted to reduce these differences through court challenges and legislative action. As part of a broad study of education finance, the committee commissioned eight papers examining the history and consequences of school finance reform und...