Selected Papers in School Finance, 2000-01

The National Center for Education Statistics (NCES) is the primary federal entity for collecting, analyzing, and reporting data related to education in the United States and other nations. It fulfills a congressional mandate to collect, collate, analyze, and report full and complete statistics on the condition of education in the United States; conduct and publish reports and specialized analyses of the meaning and significance of such statistics; assist state and local education agencies in improving their statistical systems; and review and report on education activities in foreign countries. We strive to make our products available in a variety of formats and in language that is appropriate to a variety of audiences. You, as our customer, are the best judge of our success in communicating information effectively. If you have any comments or suggestions about this or any other U.S. Department of Education, National Center for Education Statistics product or report, we would like to hear from you. They are intended to promote the exchange of ideas among researchers and policymakers. The views are those of the authors, and no official support by the U.S. Department of Education is intended or should be inferred. You are welcome to reproduce any part or all of this publication since the government holds no copyright on the materials it publishes. However, if you use one of our papers, please credit the National Center for Education Statistics (NCES). or call toll free 1–877–4ED–PUBS Dedication This year's Selected Papers in School Finance is dedicated to William S. Myers. He spent his life as an economist, analyst, and finance specialist for many state and federal agencies. He firmly believed that a well-funded public education system is the cornerstone of the country's social, economic, and political structure. He received his Bachelor's degree from the College of Wooster and earned his Master's degree from the University of Kentucky. In his final position, Will worked for the National Education Association in the research division as the manager of the school finance section. Much of his work promoted stable, adequate sources of revenue for public schools. In honor of his participation , work and accomplishments, the American Education Finance Association (AEFA) established the Will Myers Memorial Scholarship Award. The scholarship awards $250 to two annual conference pre-senters who have been or currently are teachers. The National Center for Education Statistics (NCES) commissioned the papers in this publication to address education finance …