TABLE 10-4 AVERAGE DAILY MEMBERSHIP, WEIGHTED AVERAGE DAILY MEMBERSHIP AND EQUALIZED VALUATION OF THE PROTOTYPE STATE 4. Other modifying factors such as training and experience of teachers could be included or excluded. 5. Sources of state revenue could be varied. 6. Sources of local revenue could be varied. 7. Measures of local ability in equalization models could include factors other than equalized valuation. The National Educational Finance Project has developed a computerized model which can incorporate all of these variations. The details of this model are too extensive to be included in this volume but are available in a technical monograph published by the Project. TABLE 10-5-MODEL I-A FLAT GRANT OF $500 PER PUPIL IN ADM NO ALLOCATION FOR TRANSPORTATION LOCAL TAX RATE OF 12 MILLS State Approp of $500 Per Pupil *ADM In Thousands of Dollars 7,115 5,241 Local Rev Yield of 12 Mill Levy on EAV In Thousands of Dollars In Dollars Revenue in % Equalized 16,266 15,439 31,705 975 132.15 32.15 61,659 55,492 117,151 950 126.79 26.79 2,599 2,173 4,771 918 106.20 6.20 5,090 3,520 8,609 846 112.07 12.07 7,610 5,157 12,767 839 108.58 8.58 906 624 1,529 844 107.52 7.52 DISTRICT 3 5 7 9 FIGURE 10-1. MODEL I-A REVENUE PER WEIGHTED 13 15 17 19 21 23 25 27 29 31 12 MILLS 100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 |