Laserfiche WebLink
REPORT ON THE STUDY OF THE <br />l ti <br />LOCAL GOVERNMENT AID FORMULA <br />Table of Contents <br />i <br />Page <br />I. Summary of Findings and Conclusions ......................................... 1 <br />II. Introduction <br />A. Historical Summary of Previous Local Government Aid Formulas ............ 11 <br />B. Mechanics and Purpose of the New Local Government Aid Formula .......... 12 <br />C. Purpose of the Study ....................... 19 <br />D. Approach for the Analysis of the New Local Government Aid Formula ........ 20 <br />E. Data Limitations ....................... ............................... 26 <br />F. Expected Results ...................... ............................... 27 <br />III. Detail of Findings and Conclusions <br />A. Explanation of Assumption Codes ............... 32 <br />B. Analysis of the Importance of the Preliminary State Aid Factor <br />Versus the Minimum and Maximum State Aid Factors ...................... 33 <br />C. Analysis of the Correlation of 1980 and Projected Future <br />Distributions of Local Government Aid Under the New Formula <br />with the 1979 Distribution Under the Old Formula ......................... 47 <br />D. Analysis of the Shift in the Local Government Aid Between <br />Various Categories of Cities and Towns <br />1. High Spending Need Versus Low Spending Need, <br />Based on 1980 Local Revenue Bases Per Capita ...................... 58 <br />ti <br />i , <br />