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Education Finance

At CRPE, our previous finance research centered on how funding systems could support the growth of charter schools and portfolio-style governance, with a strong emphasis on equity, transparency, and flexibility in resource allocation. We examined how traditional formulas often disadvantaged schools of choice and studied weighted or student-based funding models that might better match dollars to student needs.

Today, our focus has shifted to how education finance can help schools recover and adapt in the face of disruption. We study how pandemic-era funding was used, what lessons districts learned, and how the expiration of those funds creates new fiscal challenges. We also examine how shifting federal priorities—such as efforts to scale back or restructure education funding—affect schools’ capacity to innovate, sustain supports, and equitably serve all students. Across this evolution, our commitment remains the same: to understand how funding systems can be designed to meet student needs while enabling schools to respond to change.

  • Research Reports    

School Funding’s Tragic Flaw

Kevin Carey, Marguerite Roza

This paper finds that federal, state, and local policies designed to distribute education funds systematically provide more money to higher-income students and wealthier schools.

  • Briefs    
  • Research Reports    

Brief: Allocation Anatomy: District Resource Distribution Practices & Reform Strategies

Marguerite Roza

A companion piece to Allocation Anatomy: How District Policies That Deploy Resources Can Support (or Undermine) District Reform Strategies, this research brief summarizes the report’s key findings and recommendations.

  • Research Reports    

Allocation Anatomy: How District Policies That Deploy Resources Can Support (or Undermine) District Reform Strategies

Marguerite Roza

This paper explores the nature of micro-budgeting decisions and shows how they support or hamper district reform strategies. It also provides a framework to help district leaders recognize different kinds of allocations.

  • Research Reports    

Buying Smart in Thin Markets: District Tactics to Improve the Quality and Quantity of Autonomous Schools

Stephen Page

This paper identifies tactics districts can use to influence the factors that shape the supply and quality of providers of autonomous schools in thin markets.

  • Research Reports    

Salvaging Assets: Considering Alternatives to School Closure

Lucy Steiner, Bryan C. Hassel

What are the options for charter school authorizers or entities with similar responsibilities who want to preserve assets when closing low-performing schools?

  • Research Reports    

Performance Pressure and Resource Allocation in Ohio

Shelley De Wys, Melissa Bowen, Allison Demeritt

New accountability systems require that states and districts accomplish something never accomplished before—ensuring that all students meet state standards. This report explores how these expectations have altered resource decisions in Ohio.

  • Research Reports    

The School Finance Redesign Project: A Synthesis of Project Work to Date

Paul Hill

This Interim Report explains the study questions, research strategies, and early findings of the School Finance Redesign Project.

  • Research Reports    

Performance Pressure and Resource Allocation in Washington State

Shelley De Wys, Melissa Bowen, Allison Demeritt

New accountability systems require that states and districts accomplish something never accomplished before—ensuring that all students meet state standards. This report explores how these expectations have altered resource decisions in Washington State.

  • Research Reports    

Lessons from the Headlines: Key Questions for Districts Attempting to Close Schools

Kacey Guin, Marguerite Roza

This brief touches on the experiences of urban school districts as they sought to close schools. It offers insight into the critical questions districts encountered and different paths chosen during the process.

  • Research Reports    

Quantity Counts: The Growth of Charter School Management Organizations

Lydia Rainey, Marc Dean Millot, Robin Lake, Paul Hill

This report analyzes why replicating successful charter schools has been tougher and more costly than expected for both for-profit and nonprofit charter management organizations (EMOs and CMOs).

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