<mods:mods xmlns:mods="http://www.loc.gov/mods/v3" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-7.xsd"><mods:titleInfo><mods:title>The Effect of Increased Funding on Student Achievement: Evidence From Texas&amp;#039;s Small District Adjustment</mods:title></mods:titleInfo><mods:name><mods:namePart>Daniel Kreisman</mods:namePart><mods:role><mods:roleTerm authority="marcrelator" authorityURI="http://id.loc.gov/vocabulary/relators" valueURI="http://id.loc.gov/vocabulary/relators/aut">author</mods:roleTerm></mods:role></mods:name><mods:name><mods:namePart>Matthew P. Steinberg</mods:namePart><mods:role><mods:roleTerm authority="marcrelator" authorityURI="http://id.loc.gov/vocabulary/relators" valueURI="http://id.loc.gov/vocabulary/relators/aut">author</mods:roleTerm></mods:role></mods:name><mods:subject><mods:topic>School finance; Achievement; Foundation funding; Rural schools; Texas; Sparsity adjustment.</mods:topic></mods:subject><mods:subject authority="edworkp"><mods:topic>K-12 Education</mods:topic></mods:subject><mods:subject authority="edworkp"><mods:topic>Finance</mods:topic></mods:subject><mods:originInfo><mods:dateCreated>2019</mods:dateCreated><mods:publisher>Annenberg Institute for School Reform at Brown University</mods:publisher></mods:originInfo><mods:abstract>We leverage an obscure set of rules in Texas’s school funding formula granting some districts additional revenue as a function of size and sparsity. We use variation from kinks and discontinuities in this formula to ask how districts spend additional discretionary funds, and whether these improve student outcomes. A $1,000 annual increase in foundation funding, or 10% increase in expenditures, yields a 0.1 s.d. increase in reading scores and a near 0.08 increase in math. In addition, dropout rates decline, graduation rates marginally increase, as does college enrollment and to a smaller degree graduation. These gains accrue in later grades and largely among poorer districts. An analysis of budget allocations reveals that additional funding only marginally affects budget shares. </mods:abstract><mods:language><mods:languageTerm authority="iso639-2b" type="code">eng</mods:languageTerm></mods:language><mods:typeOfResource>text</mods:typeOfResource><mods:genre authority="aat">grey literature</mods:genre><mods:relatedItem type="series"><mods:titleInfo><mods:title>edworkingpapers.com</mods:title></mods:titleInfo></mods:relatedItem><mods:relatedItem><mods:identifier type="DOI">10.26300/8dhq-az28</mods:identifier></mods:relatedItem><mods:accessCondition type="use and reproduction" xlink:href="http://rightsstatements.org/vocab/InC/1.0/">In Copyright</mods:accessCondition></mods:mods>