Research & Theory: Capital Requirements for Elementary and Secondary Public Schools in the Context of Funding Public School Construction  

Oleh:

Crihfield, John B. ; Piotrowski, Suzanne J.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Public Works Management & Policy vol. 5 no. 1 (Jul. 2000), page 26-36.
Fulltext: 26PWM51.pdf (65.09KB)

Isi artikel

A recent study by the U.S. General Accounting Office (GAO) found that years of underfunding through 1994 had left investment in U.S. public schools short by $126 billion. To better under stand the GAO finding, the authors estimated capital stocks in U.S. public schools; they then projected future capital stocks and infra structure deficiencies. They use this frame work to interpret two federal public school construction financing options: tax credit bonds, promoted by the Clinton administration, and expanding “arbi trage” earnings possibilities for those state and local governments that issue school bonds, promoted by many Republicans in Congress.

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