The purpose of this study is to propose a plan to diversify grants in order to effectively respond to the conflicting demand forecasts of the education community and fiscal authorities at a time when the school-age population is continuously declining, and to secure the stability of local education finance. In particular, we focused on examining how to separate salary grants in light of the high proportion of labor costs as a fixed expense due to the nature of educational activities. To this end, the study empirically compares and analyzes the future outlook of local education finance under the unified funding structure linked to national taxes following the reorganization of the local education finance grant system in 2004, and under the separate funding structure linked to national taxes for salary grants, which was operated until then.
 The research findings are as follows: First, when comparing the combined results of the salary grant and other national tax grants calculated based on labor costs by school level with the current national tax grant, the current national tax grant is less from 2005 to 2016, but the current national tax grant is more from 2017 onwards. Second, when the salary grant was separated from the national tax grant, the financial stability of the grant was found to be greater. In other words, the level of fluctuation was not as large as that of the national tax-linked grant, which is currently unified, and the size of the overall grant was somewhat reduced.