b. If the Simpsons chose to move to nearby Shelbyville, where per pupil expenditure is higher, instead of suing for school finance reform, what would this be evidence of? Why might moving be difficult/not happen?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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3. The Simpsons are worried about the quality of the education Lisa is receiving in Springfield. They sue
the state to alter the way in which schools are financed and win. The state now has to determine how
to reform the school finance system. Assume that all town revenues go to the schools and that each
town has 2,000 students.
a. The state proposes a foundation grant system that guarantees each district a foundation level
of $8,000 at a tax rate of 1%. Assuming no effect on property values, calculate each town's
foundation grant level and the effect on overall spending. Hint: use the formula for a
foundation grant to solve!
b. If the Simpsons chose to move to nearby Shelbyville, where per pupil expenditure is higher,
instead of suing for school finance reform, what would this be evidence of? Why might moving
be difficult/not happen?
Transcribed Image Text:3. The Simpsons are worried about the quality of the education Lisa is receiving in Springfield. They sue the state to alter the way in which schools are financed and win. The state now has to determine how to reform the school finance system. Assume that all town revenues go to the schools and that each town has 2,000 students. a. The state proposes a foundation grant system that guarantees each district a foundation level of $8,000 at a tax rate of 1%. Assuming no effect on property values, calculate each town's foundation grant level and the effect on overall spending. Hint: use the formula for a foundation grant to solve! b. If the Simpsons chose to move to nearby Shelbyville, where per pupil expenditure is higher, instead of suing for school finance reform, what would this be evidence of? Why might moving be difficult/not happen?
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