Chapter 24

School finance: an overview

Jennifer King Rice a , David Monk b , and Jijun Zhang a , c       a University of Maryland, College Park, MD, United States      b The Pennsylvania State University, State College, PA, United States      c American Institutes for Research, Washington, DC, United States

Abstract

School finance is a broad and evolving field encompassing three resource-related functions – revenue generation, resource allocation, and resource utilization – all aimed at providing educational opportunities and producing educational outcomes. All of these activities occur in a broader context of educational goals and societal values that shape how finance systems are structured and executed. In this chapter, we provide ...

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