This study investigates the regulatory and financial incentives driving up expenditures and examines the fiscal accountability of school districts to taxpayers. Economist Milton Holloway reviews the economic performance of three Texas school districts and finds their accounting systems were not designed to differentiate between required spending and discretionary spending. This calls into question claims that public schools have insufficient funds to provide core instructional programs.
Texas Is Restoring the Proud Story of America
For too long, too many American students have graduated without understanding the country they inherited. They may know scattered names and dates, but they lack the full context of American history: the greatness of Western civilization, the ideas behind our founding, the sacrifices that built this nation, and the principles that allowed America to become...