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The issue of school finance has been a major
priority for numerous years.
It seems equitable to have children from neighboring
school districts to be sharing in the same privileges as each
other. This, as
it is commonly known, does not happen.
One of the major contributors to school finance is
property tax. It
is the goal of this evaluation to show that through the
reorganization of the property tax, a more equitable school
finance system can be achieved.
As a result of an overhaul of the property tax system, there
are also the hopes that more urban districts will begin to
produce higher graduation rates and have a higher level of
motivation to stay "on track" with an education,
while more suburban to rural districts maintain their
policies. The reorganization of property tax can prove
to provide major attributes not only to the educational
system, but to various larger societal concerns.
To
understand the pertinence of property tax the following shows
the distribution of funds for school districts for New York
State's local governments from 1975-2000:
In
addition to the distribution of property tax in school funding
it is also important to understand how real property tax is actually
broken up:
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