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Article: Education enrollment numbers are a significant matter.(Projection Implications on the Economy)
- Article from:
- Indiana Business Review
- Article date:
- June 22, 2008
- Author:
CopyrightCOPYRIGHT 2008 Indiana University, Indiana Business Research Center. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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During the thirteen years of my professional career spent at the State House, very few policy matters intrigued me more than the development of the state budget, and the school funding formula in particular. Before voting on each version of the state budget bill, legislators were certain to review the school funding formula printouts to determine whether the school corporations in their legislative districts were to receive increased or decreased funding. Generally speaking, and to over-simplify the school funding formula, increased or decreased funding was predicated on the enrollment trends of each school corporation. Thus, enrollment projections are a matter of serious ...