As citizens of the U.S., we want the nation to have a world-class educational system that enables our children to compete with the best that other nations have to offer. To accomplish this, school funding plays an important role. Educational funding, however, is usually neither adequate nor equitable (Sims, 2004). Adequate funding ensures that all students are able to meet intended objectives and goals of education. Equitable funding ensures a sufficient level of funding distributed within states that accounts for additional needs based on various student characteristics. There are different costs for educating groups of students, and this should be taken into account for any funding formula.
UNLV College of Education
Key Education Issues in Review: Educational Funding.
Policy Issues in Nevada Education