TY - JOUR
T1 - Fiscal effects of local option sales taxes on school facilities funding
T2 - The case of North Carolina
AU - Wang, Wen
AU - Zhao, Zhirong J
PY - 2011
Y1 - 2011
N2 - Since the 1970s, the North Carolina Legislature has authorized its counties to levy four local option sales taxes (LOST). Proceeds from two of them are partially restricted for school capital needs; two other LOST are used to augment counties' general revenues that may also affect school capital funding. Experiences from other states have raised concerns that the adoption of LOST may increase inequality in school finance, but the empirical results have been mixed. Using a data set of one hundred North Carolina county school districts from 2004 to 2006, this study examines how public school facilities are funded, and investigates whether the adoption of LOST aggravates or alleviates inequality in public school capital revenues in the state.
AB - Since the 1970s, the North Carolina Legislature has authorized its counties to levy four local option sales taxes (LOST). Proceeds from two of them are partially restricted for school capital needs; two other LOST are used to augment counties' general revenues that may also affect school capital funding. Experiences from other states have raised concerns that the adoption of LOST may increase inequality in school finance, but the empirical results have been mixed. Using a data set of one hundred North Carolina county school districts from 2004 to 2006, this study examines how public school facilities are funded, and investigates whether the adoption of LOST aggravates or alleviates inequality in public school capital revenues in the state.
UR - http://www.scopus.com/inward/record.url?scp=84930189944&partnerID=8YFLogxK
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U2 - 10.1108/JPBAFM-23-04-2011-B003
DO - 10.1108/JPBAFM-23-04-2011-B003
M3 - Article
AN - SCOPUS:84930189944
SN - 1096-3367
VL - 23
SP - 507
EP - 533
JO - Journal of Public Budgeting, Accounting and Financial Management
JF - Journal of Public Budgeting, Accounting and Financial Management
IS - 4
ER -