Full Description
Learn how to create a winning school budget during challenging economic times.Effective administrative practices, both fiscal and academic, are continually being redefined at all levels. Developing budgets that keep up with economic changes and instructional expectations is a challenge. This best-seller steps leaders through the budgeting process, with vision and planning as firm guides to resource allocation. Emphasizing tough budgetary climates, the book includes a budget model that shows how to align organizational goals with a sound fiscal accountability system. This new edition features " 25 tips for budgeting during an economic downturn" Analysis of real school action and budget plans" Methods for conducting a needs and program assessment" Answers to some of the toughest budgeting dilemmas" Case study applications and problems" Budgeting checklist for administrators" Selected templates, forms and resources" Discussion questions and experiential activitiesShowcasing real school scenarios and national standards, leaders learn to plan a budget, monitor funds, evaluate budget reports, and prepare school action plans that keep students achieving in fiscally difficult times.
Contents
PrefaceAcknowledgmentsAbout the AuthorsIntroduction1. Understanding the Budgeting ProcessThe Basics of School BudgetingBreaking the Budgeting MythsDelineating Between School Finance and School BudgetingBudgeting in Times of Economic Downturn and Fiscal ConstraintAllocation - The Key to the Budgetary ProcessSources of School FundingFederal Sources of IncomeState Sources of IncomeLocal Sources of IncomeTen Steps to Budgeting SuccessFinal ThoughtsDiscussion QuestionsCase Study Application: Fiscal Issues and the New PrincipalApplication QuestionsApplication QuestionsPart II: "Well, It's My Money!"2. The Budget-Vision Relationship and the National StandardsThe National ISLLC StandardsShifts in Knowledge and SkillsFrom Technical Skills to Interpersonal SkillsFrom Director to Consensus Builder and MotivatorFrom Resource Allocation to AccountabilityExamining the ISLLC Standards Through A Budget-Vision LensISLLC Standard 1 - The Vision StandardISLLC Standard 2 - The Learning StandardISLLC Standard 3 - The Environment StandardISLLC Standard 4 - The Community StandardISLLC Standard 5 - The Ethics StandardExamining Three Key Terms - The TrioISLLC Standard 6 - The Global StandardFinal ThoughtsDiscussion QuestionsCase Study Application: Belle Plain Middle SchoolApplication Questions3. Culture, Data, and Celebrating SuccessCultureValuesBeliefsAttitudesDataData-Driven Decision MakingBarriers to the Use of DataDimensions of DataData TypesDisaggregated DataLongitudinal DataPerception DataQualitative DataQuantitative DataAssessmentAcknowledging Opportunities for Growth and DevelopmentCelebrating SuccessFinal ThoughtsDiscussion QuestionsCase Study Application: L. B. Jensen Middle SchoolApplication Questions4. A Model for Integrating Vision, Planning, and BudgetingSorenson-Goldsmith Integrated Budget ModelLeadershipComponent 1: Defining StakeholdersComponent 2: Stakeholder SelectionCommittee Size and StructureDiversityCommittee Member TrainingStaggering the TermsComponent 3: Data Gathering (Needs Assessment)Component 4: Data AnalysisComponent 5: Needs PrioritizationComponent 6: Goal SettingComponent 7: Performance ObjectivesComponent 8: Action PlanA Planning MetaphorThe Elements of an Action PlanThe GOSA RelationshipAn ExampleGOSA MappingFinal ThoughtsP.S.Discussion QuestionsCase Study Application: Shifting Paradigms With Changing Times5. Effective and Efficient Budgeting PracticesThe Budget PlanAdequate Funding in an Era of Accountability and Fiscal ConstraintAnalyzing the School Action and Budget PlansPerforming an Information AnalysisSteps to Performing an Information AnalysisConducting a Needs AssessmentGenerated Income SourcesGrantsFundraisingExpenditure Accountability and ControlFiscal Education and Information Management SystemAccounting ProceduresCollection and Deposit StructuresThe School Activity AccountComponents of the Collection and Deposit StructureTimely Payment of BillsBudget AmendmentsBudgetary SystemsFunction/Object BudgetingZero-Based BudgetingSchool-Based BudgetingAccounting and Auditing ProceduresFraudulent PracticesEmbezzlementOther Risk FactorsThe Leadership Role: Ethical and Moral BehaviorsFinal ThoughtsDiscussion QuestionsCase Study Application: Sex, Money, and a Tangled Web WovenApplication Questions6. Building the School BudgetSite-Based Decision MakingWhy Site-Based Decision Making?Who Builds the School Budget?The School LeaderSchool-Site AdministratorsOther Committee MembersSchool-Site DirectorsTeachers and Grade-Level or Department ChairsCentral Office AdministratorsStudentsCommunity MembersSchool Budget ApplicationsBudget AllocationsRestricted FundsCoding ApplicationsActivity 1: Utilizing Accounting CodesActivity 2: Utilizing Accounting CodesProjecting Student EnrollmentImportant Budget ConsiderationsThe Budget CalendarThe Budget Hearing and DefenseFinal ThoughtsDiscussion QuestionsCase Study Application 1: Shifting Paradigms With Changing TimesCase Study Application 2: Requisition Season at Cover ElementaryApplication QuestionCase Study Application 3: The Budget Development ProjectChapter 6 AnswersResource A. Selected FormsBudget Development SpreadsheetStrategy PageResource B. Experiential ExercisesGladys Weatherspoon Case StudyThe Budgeting Codes ActivityAccounting Codes Reference SheetResource C. Budgeting Checklist for School AdministratorsResource D. State Departments of Education WebsitesReferencesIndex
