Centralization of school finance in Michigan
dc.contributor.author | Courant, Paul N. | en_US |
dc.contributor.author | Loeb, Susanna | en_US |
dc.date.accessioned | 2006-04-19T13:52:55Z | |
dc.date.available | 2006-04-19T13:52:55Z | |
dc.date.issued | 1997 | en_US |
dc.identifier.citation | Courant, Paul N.; Loeb, Susanna (1997)."Centralization of school finance in Michigan." Journal of Policy Analysis and Management 16(1): 114-136. <http://hdl.handle.net/2027.42/34833> | en_US |
dc.identifier.issn | 0276-8739 | en_US |
dc.identifier.issn | 1520-6688 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/34833 | |
dc.description.abstract | School finance reform in Michigan involved centralization (at the state level) of spending decisions about schools, a large tax shift (mostly from property to sales), and a small tax cut. The changes came about after two decades of failed attempts to reduce property taxes in the state, and were the immediate result of an unlikely piece of legislation that abolished all funding for public schools. Unlike most centralized systems, foundation grants in Michigan differ by district. Distributionally, the reforms favor residents of small, rural districts (whose spending was increased sharply). Residents of poorer urban areas, including Detroit, lost net income as a result of the reforms, as did residents of some of the richest suburbs in the state. Michigan permits a number of districts to supplement their foundation grants by limited amounts, a strategy that we argue may be a promising way of combining the efficiency benefits of local control with the equity benefits of foundation grant systems. | en_US |
dc.format.extent | 217171 bytes | |
dc.format.extent | 3118 bytes | |
dc.format.mimetype | application/pdf | |
dc.format.mimetype | text/plain | |
dc.language.iso | en_US | |
dc.publisher | John Wiley & Sons, Inc. | en_US |
dc.subject.other | Business, Finance & Management | en_US |
dc.title | Centralization of school finance in Michigan | en_US |
dc.type | Article | en_US |
dc.rights.robots | IndexNoFollow | en_US |
dc.subject.hlbsecondlevel | Social Sciences (General) | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.description.peerreviewed | Peer Reviewed | en_US |
dc.contributor.affiliationum | University of Michigan, Ann Arbor, Michigan ; Department of Economics, University of Michigan, 611 Tappan Street, Ann Arbor, MI 48109-1220 | en_US |
dc.contributor.affiliationum | University of Michigan, Ann Arbor, Michigan | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/34833/1/6_ftp.pdf | en_US |
dc.identifier.doi | http://dx.doi.org/10.1002/(SICI)1520-6688(199724)16:1<114::AID-PAM6>3.0.CO;2-I | en_US |
dc.identifier.source | Journal of Policy Analysis and Management | en_US |
dc.owningcollname | Interdisciplinary and Peer-Reviewed |
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