Your state is considering a wholesale change in the state funding formula for education.

As an adviser in education finance to the state legislative body, you have been asked to write an executive summary of how your state currently funds education.

Make certain to include the sources of revenue for education, how the state equalizes funding, how the floor of services is determined, and the per pupil spending for a selection of the highest spending, average spending, and lowest spending localities.

Conclude with your “expert opinion” as to what changes you would recommend to the current state funding structure