Which Districts Get into Financial Trouble and Why: Michigan's Story

Autor/inn/en	Arsen, David; DeLuca, Thomas; Ni, Yongmei; Bates, Michael
Titel	Which Districts Get into Financial Trouble and Why: Michigan's Story
Quelle	In: Journal of Education Finance, 42 (2016) 2, S.100-126 (27 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Zusatzinformation	Weitere Informationen
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0098-9495
Schlagwörter	Educational Finance; School Districts; Financial Exigency; Institutional Characteristics; School Choice; State Aid; State Policy; Resource Allocation; Enrollment; Special Education; African American Students; Low Income Students; Elementary Secondary Education; Student Characteristics; Charter Schools; Public Schools; Michigan + Suchen Sie Ihr Suchwort? Bildungsfonds; School district; Schulbezirk; Finanzielle Härte; Choice of school; Schulwahl; Ressourcenallokation; Einschulung; Special needs education; Sonderpädagogik; Sonderschulwesen; African Americans; Student; Students; Afroamerikaner; Schüler; Schülerin; Studentin; Charter school; Charter-Schule; Public school; Öffentliche Schule
Abstract	Like other states, Michigan has implemented a number of policies to change governance and administrative arrangements in local school districts deemed 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 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	University of Illinois Press. 1325 South Oak Street, Champaign, IL 61820-6903. Tel: 217-244-0626; Fax: 217-244-8082; e-mail: journals@uillinois.edu; Web site: http://www.press.uillinois.edu/journals.php
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01