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Module by: William J. Price. E-mail the author

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Name: Future Issues in Michigan School Finance
ID: m41636
Language: English (en)
Summary: As America begins the second decade of the twenty-first century, there is little question that the education of our youth is critical to the continued political and economic health of our nation. To ensure that societal demands for education are met, politicians and other policy makers must make decisions about what kind of educational system should be provided and how such a system will be funded. In addition, they must ensure that equal educational opportunity is available and accessible to all our students, regardless of their socio-economic status or where they may live. This is a tall order, but one that is crucial to the full development of human capital in our state and nation. Expenditures for education are the largest single budgetary expense for state and local governments in the United States. Estimates are that as much as eight per cent of the nation’s gross domestic product is spent for all levels of educational service. With an estimated annual expenditure of over 600 billion dollars to support the education of record levels of K-12 student enrollments, and approximately six million teachers and support staff nation wide, education is indeed big business. As with any business it is important that a continued source of revenue be available to successfully meet increasing demands, while at the same time using existing resources as wisely and efficiently as possible. Since support for public education relies primarily on public tax dollars, positive public perceptions of schools is critical to their continued financial support.
License: Creative Commons Attribution License CC-BY 3.0
Authors: William J. Price (wprice@emich.edu)
Copyright Holders: William J. Price (wprice@emich.edu)
Maintainers: National Council of Professors of Educational Administration (tcreigh@vt.edu)
Latest version: 1.4 (history)
First publication date: Nov 23, 2011 9:46 am -0600
Last revision to module: Jan 6, 2012 8:26 am -0600

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Version History

Version: 1.4 Jan 6, 2012 8:26 am -0600 by National Council of Professors of Educational Administration
Changes: 
logo changed
Version: 1.3 Nov 30, 2011 12:10 pm -0600 by National Council of Professors of Educational Administration
Changes: 
author page proofs
Version: 1.2 Nov 30, 2011 9:46 am -0600 by National Council of Professors of Educational Administration
Changes: 
author page proofs
Version: 1.1 Nov 23, 2011 11:25 am -0600 by National Council of Professors of Educational Administration
Changes: 
author page proofs

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American Chemical Society (ACS) Style Guide:

Price, W. Future Issues in Michigan School Finance, Connexions Web site. http://cnx.org/content/m41636/1.4/, Jan 6, 2012.

American Medical Assocation (AMA) Manual of Style:

Price W. Future Issues in Michigan School Finance [Connexions Web site]. January 6, 2012. Available at: http://cnx.org/content/m41636/1.4/.

American Psychological Assocation (APA) Publication Manual:

Price, W. (2012, January 6). Future Issues in Michigan School Finance. Retrieved from the Connexions Web site: http://cnx.org/content/m41636/1.4/

Chicago Manual of Style (Bibliography):

Price, William J.. "Future Issues in Michigan School Finance." Connexions. January 6, 2012. http://cnx.org/content/m41636/1.4/.

Chicago Manual of Style (Note):

William J. Price, "Future Issues in Michigan School Finance," Connexions, January 6, 2012, http://cnx.org/content/m41636/1.4/.

Chicago Manual of Style (Reference, in Author-Date style):

Price, W. 2012. Future Issues in Michigan School Finance. Connexions, January 6, 2012. http://cnx.org/content/m41636/1.4/.

Modern Languages Association (MLA) Style Manual:

Price, William J.. Future Issues in Michigan School Finance. Connexions. 6 Jan. 2012 <http://cnx.org/content/m41636/1.4/>.