Relationships Between Alternative Local Fiscal Capacity Measures And Selected School Finance Equity Standards.
Relationships Between Alternative Local Fiscal Capacity Measures And Selected School Finance Equity Standards.
Melcher, Thomas Robert, 1950-
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Dept . of Revenue, 1976, Table 67). Levies on property and sales accounted for more than 95% of county tax revenues in 1975-76. Ninety-six of the 100 counties levied an optional local 1% sales tax, generating $124,258,074, while county- wide general property tax levies totaled $429,814,760 (N.C. Dept. of 91 Revenue, 1976, Table 47). While recognizing that full fiscal equali- zation cannot be attained without eventually equalizing to the school district level, the North Carolina Governor's Commi...ssion on Public School Finance recommended that initial equalization efforts be directed toward the county level. This recommendation was based on the fiscal dependence of local school districts on county government and the pre- dominant role of county revenue in making up total local revenue for the public schools (N.C. Governor's Commission, 1978, p. R) . Following the recommendation of the Governor's Commission, local fiscal capacity was measured in the present study at the county level. The tax base accessibility approach to the measurement of local fiscal capacity was operationally defined in terms of property plus sales, weighted to reflect the relative contribution of the two sources to total county revenue.
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