Sentences with phrase «ruled over school finance»
Garden State judges have ruled over school finance for 40 years, and the schools — especially the highest - poverty schools — have had a friend in court, being allowed to spend virtually whatever they want.
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There's a school of thought around Parliament Hill that Prime Minister Justin Trudeau and Finance Minister Bill Morneau have stumbled unwittingly into the battle now raging over their proposal to seriously tighten up the rules on small - business taxation.
The U.S. Court of Appeals for the Ninth Circuit ruled late last month that due to extensive state control over school finances, California school districts are state agencies and deserve the same 11th Amendment immunity against federal lawsuits enjoyed by other branches of state government.
Though his ruling was about Connecticut, he spoke to a larger nationwide truth: After the decades of lawsuits about equity and adequacy in education financing, after federal efforts like No Child Left Behind and Race to the Top, after fights over the Common Core standards and high - stakes testing and the tug of war between charter schools and community schools, the stubborn achievement gaps between rich and poor, minority and white students persist.
After the California Supreme Court's 1971 ruling in Serrano v. Priest declared the state's school finance system based on property tax wealth to be unconstitutional, Kirst helped then - Governor Jerry Brown to reduce funding disparities among California's over 1,000 school districts.
For example, when a finance professor at Spain's IESE Business School examined how a 90 % stocks - 10 % bonds portfolio would have performed over 86 rolling 30 - year periods between 1900 and 2014 following the 4 % rule — i.e., withdrawing 4 % initially and then subsequently boosting withdrawals by the inflation rate — he found not only that the Buffett portfolio survived almost 98 % of the time, but that it had a significantly higher balance after 30 years than more traditional retirement portfolios with say, 50 % or 60 % invested in stocks.