Full Description
For courses in finance for educational administrators.This practical, easy-to-read text will explain the "why," "what," and "how" of school finance to future school administrators who, while they cannot be expected to be accountants, must, nevertheless, understand the fundamentals of financial management if they are to do their jobs well. Coverage incorporates the history of school finance and the changes that have come about in recent years; aligns its basic premise to the most recent NCATE standards; and, provides enough of the "nuts and bolts" of financing to ensure that once on the job, students will make the kind of informed, effective decisions that serve both the student body and the school's bottom line.
Contents
Dedication. Preface. PART I: FINANCING PUBLIC EDUCATION. 1. Introduction to School Finance for School Leaders. 2. Economics and Education: A Synergistic Relationship. 3. Revenue, Income, and Fiduciary Money: The Base for Financial Planning. 4. Financing Educational Equality: Access, Treatment, and Outcomes. PART II: CONSTRUCTING A STRATEGIC FINANCIAL PLAN. 5. The Components of a Strategic Financial Plan. 6. The Financial Framework for a School District. 7. Contents and Process of the Accounting System. 8. Contents and Process of the Budget System. PART III: PREPARING AND ADMINISTERING SITE-BASED AND DISTRICT PLANS. 9. Preparation and Administration of Instructional Strategic Financial Plans. 10. Financing School Facility Projects. 11. Financing Non-Instructional Operations. 12. Financial Reports, Performance Assessments, and Accountability. Resources for Administrators. A: Chart of Accounts. B: Set of Accounting Funds for a School District. C: Revenue Budget Numbers and Sources. D: Expenditure Numbers-Program. E: Expenditure Numbers-Function. F: Expenditure Numbers-Object. G: Revenue Numbers: General Fund. H: Revenue Numbers: Special Revenue Fund. I: Revenue Numbers: Capital Projects Fund. J: Revenue Numbers: Debt Service Fund. K: Revenue Numbers: Enterprise Funds. L: Revenue Numbers: Internal Service Funds. M: Revenue Numbers: Fiduciary Funds. N: General Fund Statement of Revenues, Expenditures and Changes in Fund Balance-Budget and Actual for the Fiscal Years ended June 30, 20X1 and 20X0. O: Combined Statement of Revenues, Expenditures and Changes in Fund Balance-All Governmental Fund Types for the Fiscal Year Ended June 30, 20X1 (with comparative totals for June 30, 20X0). Glossary.
