The purpose of this study is to analyze the implications of the Lake View case for the future of financing public education in Arkansas. The study has three broad goals:
- First, the report provides a detailed menu of revenue- raising options that could be used to meet the Lake View spending mandates.
- Second, the report examines the tax equity impact of various financing options on Arkansas taxpayers at different income levels.
- Third, the report analyzes the impact on economic development of these financing options