|January 18, 2018
School Finance Research Collaborative Announces Findings of Comprehensive School Funding Study
Top business and education experts yesterday revealed the results from a comprehensive statewide study examining school funding in Michigan – an analysis that clearly demonstrates the need to reform Michigan’s school funding system.
Launched in 2016, the School Finance Research Collaborative has brought together business leaders, former legislators, and education experts throughout Michigan. The nation’s two leading school funding research firms developed the report, which provides the most complete data available on school funding and gives policymakers the building blocks to reform the school funding system in Michigan.
The report includes the following key findings:
Collaborative leaders emphasized additional research will also be needed in several areas, including a full capital study to examine the costs of charter and traditional public schools; a review of literate and illiterate poverty, and concentration of poverty by district; and a full transportation costs study.
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