The National Education Finance Academy (NEFA) has completed a project providing a one- of-a-kind practical book on funding P-12 education in the United States. The book, entitled Funding Public Schools in the United States and Indian Country is a single volume with a clear and short chapter about each state. Approximately 50% of chapters are authored by university faculty who are members of NEFA; approximately 25% of chapters are authored by state department of education officials and/or state school board association officials; and the remaining 25% of chapters are authored by ASBO affiliate states.
Each chapter contains information about:
Each state’s aid formula background; Basic support program description and operation (the state aid formula) including how school aid is apportioned (e.g., state appropriations, local tax contributions, cost share ratios, and more); Supplemental funding options relating to how school districts raise funds attached to or above the regular state aid scheme; Compensatory programs operated in school districts and how those are funded and aided; Categorical programs operated in school districts and how those are funded and aided; Any funding supports for transportation operations; Any funding supports for physical facilities and operations; and Other state aids not covered in the above list.