Since the economic index is one of the two instruments which are so important to the financing of every school district of the state, and since the index is a hypothetical measure, it should be studied at regular intervals. Therefore, the purpose of this study is to re-examine the economic index used in Texas school finance for the purpose of determining its validity.
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Since the economic index is one of the two instruments which are so important to the financing of every school district of the state, and since the index is a hypothetical measure, it should be studied at regular intervals. Therefore, the purpose of this study is to re-examine the economic index used in Texas school finance for the purpose of determining its validity.
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