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Alternative financial simulation models for distributing new sources of Florida public education capital outlay (PECO) revenue

This research developed financial simulation models, using the system(s) application approach, designed to determine the unfunded capital outlay requirement for each Florida school district and measure and the effect of new sources of revenue on reducing or satisfying each district's unfunded capital outlay requirement. Sensitivity testing was conducted with each model to determine the effect of each new source of revenue or a combination of any or all sources of revenue on satisfying or reducing the capital outlay requirement of each district. / The first financial simulation model specifically addressed the problem of accurately determining each district's capital outlay requirement as of the end of a given fiscal year. / The second financial simulation model was designed to determine the effect of requiring each district to level the maximum local discretionary millage, as allowed in Section 236.25(2), Florida Statutes, toward satisfying or reducing their capital outlay requirement. / The third financial simulation model was designed to determine the effect of a state non ad valorem tax of one dollar per day on each hotel and motel room toward satisfying or reducing the capital outlay requirement of each district. / The fourth model was designed to determine the effects of implementing a state income tax on the wages and salaries of all Florida residents upon reducing or satisfying the capital outlay requirement of each district. / Source: Dissertation Abstracts International, Volume: 54-02, Section: A, page: 0423. / Major Professor: Frank W. Banghart. / Thesis (Ph.D.)--The Florida State University, 1993.

Identiferoai:union.ndltd.org:fsu.edu/oai:fsu.digital.flvc.org:fsu_76862
ContributorsWatson, John Allan, Sr., Florida State University
Source SetsFlorida State University
LanguageEnglish
Detected LanguageEnglish
TypeText
Format178 p.
RightsOn campus use only.
RelationDissertation Abstracts International

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