New findings in EdBuild’s 2018 report on school finance policies
Jersey City, NJ. (March 06, 2018) EdBuild has released a 2018 version of their FundEd report, comparing how every state in the country funds K-12 public schools. Funded.edbuild.org highlights national trends in education finance policy and shows that more states than ever are targeting funding to individual student populations. This tool is a valuable resource for legislators across the country.
EdBuild first released FundEd in June of 2016. In this years update:
- Five states have implemented or passed new school funding laws. They are Connecticut, Illinois, Nevada, Pennsylvania, and South Dakota.
- Three more states now provide additional funding for English Language Learners. They are Nevada, Pennsylvania, and Utah.
- 17 states now have resource-based or hybrid formulas, up from 14 in 2016.
Many stories recently have focused on resources in classrooms across the country. But state education funding policies are often so complicated that it can be difficult to make sense of how even one state works – much less draw comparisons across states. FundEd continues to provide stakeholders with meaningful information in order to understand, analyze and compare the policies that dictate school funding throughout the country.
This year, EdBuild’s tool has been updated to include more data than before. Users can now see not only how states distribute dollars, but how they collect those revenues from tax payers as well.
“EdBuild’s tool is a valuable resource,” said Abigail Potts; Director of College, Career, and Civic Readiness at The National Association of State Boards of Education. ”A number of state board members come to us with questions about school funding policies in other states, and FundEd has helped us provide a wealth of information in a quick and easy to use format.”
One key finding is that 11 states do not impose any restrictions on how much local taxing authorities can raise for schools. With school funding so often reliant on local property wealth, this lack of restriction means that higher wealth communities can raise as much money as they want – and there’s no policy in place to ensure their less affluent peers can keep pace.
For questions about the tool and the data, please contact firstname.lastname@example.org.
EdBuild is a 501(c)(3) organization working to bring common sense and fairness to the way we fund education. Founded in 2014, EdBuild has worked actively with state leaders and stakeholders to accelerate change and spark dialogue. For more information, visit www.edbuild.org.
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