The index takes into account local property values, income, and retail sales as measures of local wealth. (edweek.org)
The financial strain is greatest for disadvantaged districts with little local wealth and large concentrations of low - income students. (advanceillinois.org)
Regardless of the level of state aid, the continued reliance on local wealth means property - poor districts must continue to tax their residents at higher rates to obtain the same dollar amount for each pupil. (waef.net)