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This paper the third edition of Public School Funding in Massachusetts provides a brief explanation of the funding formula contained in the Education Reform Act and the principles on which it was based; the paper also highlights several of the education financing challenges that Massachusetts currently faces and outlines some of the options for meeting them. In addition, the paper examines U.S. Census Bureau data for FY 1993 through FY 2003 the most recent year for which such data are available which show that, while the Commonwealth had significantly increased funding for primary and secondary education since the start of that period, the investments it makes in educating its children still lag behind those of many other states by some measures.
November 2, 2005 | PDF