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Review of Financing Education in a Climate of Change, Eleventh Edition Brimley, Jr., V., Verstegen, D. A., and Garfield, R. R. (Pearson, Inc., 2012) Lisa G. Driscoll and Robert C. Knoeppel “A new vision is needed of finance systems that create patterns of justice and fairness for all children and youths. State finance systems have not changed appreciably in almost a century.” –Verstegen and Brimley, 2010 i n t r od uc t i on At the time of this writing in fall of 2011 the nation is still in the throes of the Great Recession that began three years ago in 2008—slipping downward for a second time. State and local budgets are facing shortfalls and the housing market, which is the staple of the local property tax for school funding in most districts, remains stagnant. The funds school districts received under the American Reinvestment and Recovery Act (ARRA) intended to stave off massive layoffs will soon be exhausted. In the meantime the accountability mandates of No Child Left Behind ratchet up in every state as educators teach the most diverse cohort of students in American history. Never before has a thorough understanding of public school finance as it
Journal of Education Finance – University of Illinois Press
Published: May 5, 2012
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