Understanding School Spending As an analyst at the New York State Department of Education, you have just joined a task force to provide background information on school spending. In particular, you have been asked to prepare an conceptual essay on the sources of variation in spending on elementary and secondary education across school districts in the state. List and explain as many factors as possible. Tax price is also influenced by cost. The choice of quality is inside a district's control.
Cost depends on input costs and environmental factors, such as poverty.
Inefficiency is not well understood, but it appears to depend on aid, tax price, and district wealth. We hear a lot these days about reinventing government. Several mayors have become famous by implementing broad changes in the way their city government operates. Many issues could be discussed here. A typical answer focuses on contracting.