This volume examines the public policy challenges of fiscal disparities, their sources, and how states are addressing them. States have spent considerable effort and money to reduce fiscal disparities among local governments, particularly in the area of education finance. Several options to reduce inequalities, including local option taxes, tax base sharing, and shared tax systems have met with varying degrees of success. Here public finance experts discuss the implementation of creative public policies for dealing with fiscal disparities. Particular attention is paid to school equalization, including the division of fiscal responsibilities between state and local governments, potential funding sources, and what is necessary to achieve school equity.
|Publisher:||Greenwood Publishing Group, Incorporated|
|Product dimensions:||6.35(w) x 9.55(h) x 0.87(d)|
About the Author
JOHN E. ANDERSON is Professor of Economics and Director of Graduate Studies at the University of Nebraska-Lincoln. He has served as deputy state treasurer in Michigan, where his responsiblity was state tax policy. He has also served on state commissions on health care finance, international trade, and enterprise zones, and has advised policymakers and state agencies on tax database development, tax policy modeling, property tax reform, and other issues.
Table of Contents
Recognizing and Correcting for Fiscal Disparities: A Critical Analysis by William H. Oakland
Measuring Disparities in the Fiscal Condition of Local Governments by Helen F. Ladd
Accounting for Fiscal Capacity and Need in the Design of School Aid Formulas by Thomas A. Downes and Thomas F. Pogue
How Can States Most Effectively Meet Their School Financing Responsibilities? by Andrew Reschovsky and Michael Wiseman
Reducing Reliance on the Property Tax in School Finance by John E. Anderson
Tax-Base Sharing Revisited: Issues and Options by Michael Bell
Voter Preferences for Equalization: Evidence from Illinois by Richard F. Dye and J. Fred Giertz