Description of how equality, equity and adequacy relate to public school finance:
Equality means every student has the same access to the same type of basic educational programs. Examples of this include state adopted curriculum in core subject areas.
Equity means the system is fair and responds to the needs of individuals. Examples of this include additional funds or allotments such as: special education, compensatory, high school allotment, Title funds, Career and Technology.
Adequacy means the school district receives financial support sufficient to meet state accreditation standards. Examples would include teacher salaries and textbooks.
In looking at the above terms I think it is important to note that many would argue that our current finance system in not equitable or adequate. Even though legislators state the above criteria is being met.
Good examples, good explanation of the terms.
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