fiscal equity in education

Fiscal equity in education refers to the principle that funding for public schools should be fair and equitable, giving students in all communities access to quality education regardless of local wealth. It aims to reduce disparities caused by differences in local taxes, ensuring that students in less wealthy areas receive adequate resources and support. This often involves redistributing funding or providing additional state aid to underfunded schools so that every student has an equal opportunity to succeed, regardless of their neighborhood’s financial situation.