Nutcracker Effect’: The Fiscal Outlook For States

Source: Robert B. Ward, Nelson A. Rockefeller Institute of Government, April 26, 2008

Presentation to the National Education Writers Association’s 61st National Seminar, outlining the effects of falling property values, demographic trends, and inflation on school finance. State revenue data are provided by region and for selected states. Concludes that schools have three choices: raise taxes, cut services, and/or find ways to use resources more cost-effectively.

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