Implementing true adequacy would require each district to adopt a set of high minimum goals, identify needed resources for achieving them, and devise a long-range investment plan for deploying these resources and developing instructional programs. Both concepts are prominent features of recent litigation efforts. In the interest of adequacy, school funding formulas and tax equalization are receiving considerable attention. Converting adequacy to a funding formula is quite challenging. Many experts believe adequacy can only be achieved by constructing and implementing a new school finance structure linked to educational standards.
Poor districts have less fundraising capacity and opportunity than wealthy ones.
Localized self-interest seems to be the prime motivator in improving financial equity. Great disparities can result if SBM is mishandled. Since principals are subject to community pressures, central-office staff will need to define and limit roles, provide training, build consensus, promote inventory sharing, and assess resource management.