Property Taxation, Full Valuation, and the Reform of Educational Finance in Massachusetts

Property Taxation, Full Valuation, and the Reform of Educational Finance in Massachusetts

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Description

This paper is concerned with school finance in Massachusetts. Consideration is given to the existing situation and possible reforms. Normative implications as to who should control educational provisions and decision-making should not be drawn from this paper. Numerous proposals were simulated, but it was decided that the simplest and most straightforward proposals were best suited for expositional purposes. It will be assumed, for example, that all revenues for the reform of educational finance come from the state administrated property tax. It is likely that when and if reform does occur in Massachusetts and in other states, alternative tax tools will be used. Focus on the property tax does not imply that it need be the sole source or even the source of a large portion of the revenues. Alternative reform procedures worthy of serious consideration include the use of income and sales taxes, redefinition of school district boundaries and the direct federal takeover of substantial portions of school funding.

Source Publication

Property Taxation and the Finance of Education

Source Editors/Authors

Richard W. Lindholm

Publication Date

1974

Property Taxation, Full Valuation, and the Reform of Educational Finance in Massachusetts

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