William Duncombe (Center for Policy
Research, the Maxwell School, Syracuse University) & John Yinger (Center for Policy
Research, the Maxwell School, Syracuse University). Center for Policy Research . 04/2004. p. 26.
This report intends to discuss the key issues that are involved in developing an operating aid formula to support a performance adequacy standard for New York State. The authors review some of the methods that are available for estimating the cost of an adequate education, and highlight design choices in developing an operating aid system. Following the narrative discussion of design choices are detailed comparisons of five different school reform proposals: Syracuse University proposal, Midstate School Finance Consortium proposal, the Regents Proposal on School Aid for 2004-05, the Campaign for Fiscal Equity “Adequacy Study”, and state aid proposal,6 and the Final Report of the Commission on Education Reform (Zarb Commission)