Honors Theses

Date of Award

Spring 5-9-2020

Document Type

Undergraduate Thesis

Department

Economics

First Advisor

Thomas Garrett

Second Advisor

Natalia Kolesnikova

Third Advisor

Mark Van Boening

Relational Format

Dissertation/Thesis

Abstract

Local, state, and federal funding for public schools have different stipulations on how they are used. Local revenue is more flexible, state revenue is controlled by the Mississippi Adequate Education Program (MAEP) guidelines, and federal revenue is targeted to specific areas. MAEP largely impacts all public school funding through not only state revenue stipulations, but also through its funding formula that sets a minimum contribution per district for state funding. This thesis investigates how a district’s revenue mix of these three different types of funding impacts student performance (ACT scores and graduation rates) in K-12 public school districts across Mississippi. The analysis uses data from 135 districts over the years 2015-2017. The results indicate that a change in the local revenue share to federal revenue share ratio has a statistically significant impact on ACT scores, but graduation rates are not impacted in the same manner. This implies that Mississippi public school districts can alter their revenue mix to improve ACT scores by making changes such as increasing property tax rates to generate more local revenue for the schools.

Creative Commons License

Creative Commons Attribution 4.0 License
This work is licensed under a Creative Commons Attribution 4.0 License.

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