Research Report Fiscal Problems and Education Finance
James Alm, Robert D. Buschman, David L. Sjoquist
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Relative to previous recessions, the 2001 recession was short and not very deep. Even so, it had a significant effect on the fiscal condition of state and local governments. This report examined how the recession affected state and local government spending on K-12 education in the three years since the recession. We track the historic pattern at the national level of state and local spending on K-12 education and then turn to a state-level analysis of how K-12 education was affected by the recession, including correlations between local education spending patterns and state patterns.
Research Areas Education Taxes and budgets
Tags School funding Federal budget and economy
Policy Centers Urban-Brookings Tax Policy Center