Which Districts Get into Financial Trouble and Why: Michigan's Story. Working Paper #51

Autor/inn/en	Arsen, David; DeLuca, Thomas A.; Ni, Yongmei; Bates, Michael
Institution	Michigan State University, Education Policy Center
Titel	Which Districts Get into Financial Trouble and Why: Michigan's Story. Working Paper #51
Quelle	(2015), (45 Seiten) PDF als Volltext kostenfreie Datei Verfügbarkeit
Zusatzinformation	Weitere Informationen
Sprache	englisch
Dokumenttyp	gedruckt; online; Monographie
Schlagwörter	School Districts; Educational Finance; School District Wealth; School Choice; State Policy; Resource Allocation; State Aid; Financial Support; Enrollment Trends; Special Education; Budgets; Expenditures; Income; Student Characteristics; Michigan + Suchen Sie Ihr Suchwort? School district; Schulbezirk; Bildungsfonds; Choice of school; Schulwahl; Ressourcenallokation; Finanzielle Förderung; Special needs education; Sonderpädagogik; Sonderschulwesen; Finanzhaushalt; Ausgaben; Einkommen
Abstract	Like other states, Michigan has implemented a number of policies to change governance and administrative arrangements in local school districts deem to be in financial emergency. This paper examines two questions: (1) Which districts get into financial trouble and why?; and (2) Among fiscally distressed districts, are there significant differences in the characteristics of districts in which the state does and does not intervene? We analyze factors influencing district fund balances utilizing fixed effect models on a statewide panel dataset of Michigan school districts from 1995 to 2012. We evaluate the impact of state school finance and choice policies, over which local districts have limited control, and local district resource allocation decisions (e.g., average class size, teacher salaries, and spending shares devoted to administration, employee health insurance, and contracted services). Our results indicate that 80% of the explained variation in district fiscal stress is due to changes in districts' state funding, to enrollment changes including those associated with school choice policies, and to the enrollment of high-cost, special education students. We also find that the districts in which the state has intervened have significantly higher shares of African-American and low-income students than other financially troubled Michigan districts, and they are in worse financial shape by some measures. (As Provided).
Anmerkungen	Education Policy Center. Michigan State University, 201 Erickson Hall, East Lansing, MI 48824-1034. Tel: 517-355-4494; Fax: 517-432-6202; e-mail: EPC@msu.edu; Web site: http://education.msu.edu/epc
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01