{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/109497"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/109497","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Capital outlay in fifty states: An analysis to determine an equitable model for Illinois","abstract":"The purpose of this thesis was to explore the methods of capital funding/outlay across the United States. Using a framework that classified capital funding models at the state level, the researcher was able to identify each state’s method of funding capital costs. The following questions were the focus of the study: 1. What are the current school capital funding/outlay models used in the United States? 2. What are the advantages/disadvantages of each capital funding model? 3. What is each state’s capital funding/outlay model? 4. What is a more equitable capital funding/outlay model for states like Illinois to consider? Throughout the study, the researcher sought to identify the current methods of capital funding/outlay while seeking the advantages and disadvantages of each model. Following an overview of background school finance information the researcher presented findings that included a summary of each state’s capital funding/outlay model. Advantages and disadvantages of each capital funding/outlay model were discussed, paying close attention to the perspective of each model from the local vs. state point of view. Finally, a more equitable capital funding/outlay model was presented for consideration in the State of Illinois (and other states in our nation). The new capital outlay/funding model was grounded in the best-practice ideas from states and included 5-Parts that included a facilities commission, a well-timed audit of K-12 school facility needs, a centralized borrowing plan, establishment of minimum requirements for K-12 facilities, and an equalized payback formula based on local fiscal capacity.","abstract_html":"The purpose of this thesis was to explore the methods of capital funding/outlay across the United States. Using a framework that classified capital funding models at the state level, the researcher was able to identify each state’s method of funding capital costs. The following questions were the focus of the study: 1. What are the current school capital funding/outlay models used in the United States? 2. What are the advantages/disadvantages of each capital funding model? 3. What is each state’s capital funding/outlay model? 4. What is a more equitable capital funding/outlay model for states like Illinois to consider? Throughout the study, the researcher sought to identify the current methods of capital funding/outlay while seeking the advantages and disadvantages of each model. Following an overview of background school finance information the researcher presented findings that included a summary of each state’s capital funding/outlay model. Advantages and disadvantages of each capital funding/outlay model were discussed, paying close attention to the perspective of each model from the local vs. state point of view. Finally, a more equitable capital funding/outlay model was presented for consideration in the State of Illinois (and other states in our nation). The new capital outlay/funding model was grounded in the best-practice ideas from states and included 5-Parts that included a facilities commission, a well-timed audit of K-12 school facility needs, a centralized borrowing plan, establishment of minimum requirements for K-12 facilities, and an equalized payback formula based on local fiscal capacity.","abstract_has_math":false,"creators":["Schroeder, Richard A."],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ed.D.","degree_level":"Dissertation","degree_discipline":"Ed Organization and Leadership","degree_department":null,"school":null,"contributors":["Alexander, Kern","Herrmann, Mary","Bruno, Paul","Pak, Yoon"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2021,"date_issued":"2021-03-05T21:40:44Z","date_published":"2021-03-05T21:40:44Z","updated_at":"2026-07-22T22:24:50Z","subjects":["Capital Finance"],"languages":["en"],"rights":["© 2020 Richard A. 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Throughout the study, the researcher sought to identify the current methods of capital funding/outlay while seeking the advantages and disadvantages of each model. Following an overview of background school finance information the researcher presented findings that included a summary of each state’s capital funding/outlay model. Advantages and disadvantages of each capital funding/outlay model were discussed, paying close attention to the perspective of each model from the local vs. state point of view. Finally, a more equitable capital funding/outlay model was presented for consideration in the State of Illinois (and other states in our nation). The new capital outlay/funding model was grounded in the best-practice ideas from states and included 5-Parts that included a facilities commission, a well-timed audit of K-12 school facility needs, a centralized borrowing plan, establishment of minimum requirements for K-12 facilities, and an equalized payback formula based on local fiscal capacity.","Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2022-12-01","The student, Richard Schroeder, accepted the attached license on 2020-11-19 at 11:24.","The student, Richard Schroeder, submitted this Dissertation for approval on 2020-11-19 at 11:31.","This Dissertation was approved for publication on 2020-11-23 at 11:32.","DSpace SAF Submission Ingestion Package generated from Vireo submission #15913 on 2021-03-04 at 16:19:39","Made available in DSpace on 2021-03-05T21:40:44Z (GMT). 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Using a framework that classified capital funding models at the state level, the researcher was able to identify each state’s method of funding capital costs. The following questions were the focus of the study: 1. What are the current school capital funding/outlay models used in the United States? 2. What are the advantages/disadvantages of each capital funding model? 3. What is each state’s capital funding/outlay model? 4. What is a more equitable capital funding/outlay model for states like Illinois to consider? Throughout the study, the researcher sought to identify the current methods of capital funding/outlay while seeking the advantages and disadvantages of each model. Following an overview of background school finance information the researcher presented findings that included a summary of each state’s capital funding/outlay model. Advantages and disadvantages of each capital funding/outlay model were discussed, paying close attention to the perspective of each model from the local vs. state point of view. Finally, a more equitable capital funding/outlay model was presented for consideration in the State of Illinois (and other states in our nation). The new capital outlay/funding model was grounded in the best-practice ideas from states and included 5-Parts that included a facilities commission, a well-timed audit of K-12 school facility needs, a centralized borrowing plan, establishment of minimum requirements for K-12 facilities, and an equalized payback formula based on local fiscal capacity.","Submission published under a 24 month embargo labeled 'U of I Access', the embargo will last until 2022-12-01","The student, Richard Schroeder, accepted the attached license on 2020-11-19 at 11:24.","The student, Richard Schroeder, submitted this Dissertation for approval on 2020-11-19 at 11:31.","This Dissertation was approved for publication on 2020-11-23 at 11:32.","DSpace SAF Submission Ingestion Package generated from Vireo submission #15913 on 2021-03-04 at 16:19:39","Made available in DSpace on 2021-03-05T21:40:44Z (GMT). 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