Money and Schools 6th edition by David Thompson 1138025059 9781138025059

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ISBN-10 :  1138025059 

ISBN-13 : 9781138025059

Author:   David C. Thompson 

For both aspiring and experienced education leaders in school budgeting, finance, and resource management courses, Money and Schools  explains and demonstrates the relationship between money and equality of educational opportunity. Grounded in research and best practices, this book provides a broad overview of school finance, budgeting, and resource allocation, as well as a detailed examination of day-to-day funding operations. This accessible and engaging book offers strong connections to real-world experiences and detailed information on pre-K–12 funding history, concepts, and current operations. New to this edition:• Cutting edge research on the relationship of money and student learning outcomes, alterations to state aid distribution formulas, new federal education initiatives, and a changing landscape in school finance litigation.• New concepts that have gained traction since the last edition of the book, including school choice and privatization, Common Core State Standards, value-added teacher evaluation, and growth of online options at the K–12 level.• Updated and enhanced web resources and recommended reading lists that are aligned with the key concepts and content of each chapter.

Money and Schools 6th Table of contents:

PART I Overview of Broad Concepts
1 Schools, Values, and Money
The Challenge
Chapter Drivers
The Context of Public Education Today
What Are Schools Becoming?
Where Did Schools Come From?
What Should Schools Be Doing?
What Are Schools Capable of Doing?
What Is the Effect of Money on Schools?
What Happens When Schools Get More (or Less) Money?
Where Public Schools May Be Headed
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Online Video Resource
Recommended Reading
2 Funding Schools: A Policy Perspective
The Challenge
Chapter Drivers
A More Expansive View
What Is the Scope of Education Finance in America?
Revenue Growth for Schools
Education and Economics
Economics Defined
Education as an Economic and Social Good
Education and Human Capital
Education and National Economic Health
Education and Individual Benefits
Social and Economic Efficiencies of Education
Returns on Educational Investment
Education and Economic Growth
Rate-of-Return Studies
Education and Socioeconomic Investment
The Structure of School Governance in America
Brief Historical Roots of American Education
Development of School Organization in America
Sources of Fiscal Support for Schools
Federal Support for Schools
Federalism and Defense Education
Federalism and Higher Education
Federalist Interest in Justice and Education
State Support for Schools
Local Support for Schools
What Constitutes Adequate and Equitable Funding for Schools?
Origins of School Funding Challenges
Federal Origins
The Early Federal Case
San Antonio v. Rodriguez
Subsequent Federal Litigation
State Origins
Serrano v. Priest
Subsequent Failures in State Litigation
Subsequent Successes in State Litigation
Equality, Productivity, and Liberty in Public Education
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Education Finance Litigation Cases by State
3 Basic Funding Structures
The Challenge
Chapter Drivers
The Context of Funding Schools
What Is the Overarching Tax System?
What Is the Federal Tax System?
What Is the State Tax System?
What Is the Local Tax System?
Tax System Summary
State Funding for Schools
The Development of State Aid Formulas
Flat Grants
Equalization Grants
Multitier Grants
Full State Funding Grants
Adjustments and Additions to Basic Aid Formulas
Need Equalization
Cost Equalization
Wrap-Up
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
PART II Operationalizing School Money
4 School Funds: Accountability and Professionalism
The Challenge
Chapter Drivers
School Funds Accountability
Fiscal Accountability
Fiduciary Responsibilities
The Purposes of Accounting
Allocation of Education Budgets
Fund Structure
Governmental Funds
Proprietary Funds
Fiduciary Funds
An Intermediate Overview
Tracking School Money
Revenue Structure
Expenditure Structure
The Accounting Transaction
Auditing
Internal Audits
External Audits
State Audits
Special Audits
A Final Word Concerning Professionalism
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
5 Budget Planning
The Challenge
Chapter Drivers
Budgets and Schools
Basic Budget Concepts
Organizing for Budgeting
What Are the Common Approaches to Budgeting?
Incremental Budgeting
Line-Item Budgeting
Planning, Programming, Budgeting, and Evaluation Systems
Zero-Based Budgeting
School Site Budgeting
Outcome-Based Budgeting
Constructing Budgets
Estimating Revenues
Envisioning Educational Programs
Estimating Expenditures
Balancing the Budget
Completing the Budget Process
How Are Individual Schools Funded?
What Is the Role of Stakeholders?
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
6 Budgeting for Personnel
The Challenge
Chapter Drivers
The General Landscape
The Personnel Function
Determining Staffing Needs
Recruitment and Selection
Other Personnel Budget Matters
Personnel Compensation Policies and Procedures
What Is the Role of Compensation?
General Issues
Negotiations
Other Issues of Personnel Budgeting
Alternative Reward Systems
RIF and Other Dismissals
Due Process
What Is the Role of Stakeholders?
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
7 Budgeting for Instruction
The Challenge
Chapter Drivers
The Overall Picture
The Planning Function
What Is Instructional Planning?
District Mission and Goals
School Mission and Goals
Organizational Options
How Are School Districts Organized?
Centralized Structure
Management Teams
Site-Based Management
Instructional Budget Concepts
Instructional Budgets
Sources of Revenue
External Sources
District Revenue Structures
School Revenue Structures
The Elements of Budgeting for Instruction
Needs Assessment
Determining Revenues and Educational Plans
District Coordination
The Instructional Budget
Wrap-Up
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
8 Budgeting for Student Activities
The Challenge
Chapter Drivers
Activities and Schools
What Is the Role of Student Activities?
Budgeting for Activities
What Are Activity Funds?
Student Activity Funds
District Activity Funds
What Are the Controls on Activity Funds?
Lines of Authority
Recommended Activity Fund Policies
What about Nonactivity Funds?
Fee Funds
Sales Tax
Petty Cash
What Does an Activity Fund Report Look Like?
A Final Word of Caution
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
9 Budgeting for School Infrastructure
The Challenge
Chapter Drivers
School Infrastructure Needs in Perspective
Nature and Size of School Infrastructure
What Is the Role of Infrastructure in Public Schools?
The Condition of Schools
How Is School Infrastructure Funded?
Full State Funding
Project-Based Aid
General Aid Support
State Loans and State Bond Guarantees
State School Building Authorities
Intermediate Summary
How Is the Local Cost Share Funded?
Current Revenues
Sinking Funds
Bonded Indebtedness
Infrastructure Planning and Facility Maintenance
What Is the Role of Infrastructure Planning?
Demographic Planning
Capital Program Planning
Facility Planning and Programming
Architectural Planning
Construction Planning
What Is the Role and Nature of Maintenance and Operations?
Organizing for M&O
Determining Maintenance Needs
Conducting Facility Operations
The Role of the School Leader in Maintenance and Operations
Wrap-Up
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Interactive Web Resource
Recommended Reading
10 Budgeting for Transportation and Food Service
The Challenges
Chapter Drivers
Setting the Stage
The Role of Auxiliary Services
The Transportation Function
What Are the Origins and Purpose?
What Is Transportation Law?
How Is Transportation Funded?
What Other Issues Are Relevant?
Owning vs. Outsourcing
Technology and Transportation Services
Purchasing Buses
Safety and Maintenance
The Food Service Function
What Are the General Issues?
How Is Food Service Funded?
Federal Support
State Support
The Local Role
What Other Issues Are Relevant?
Federal Compliance
Organizing for Food Service
Wrap-Up
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Interactive Web Resources
Recommended Reading
11 Legal Liability and Risk Management
The Challenge
Chapter Drivers
Modern Realities
The Law and Schools
The Derivation of School Authority
United States Constitution
Congress
Federal Judiciary
State Constitutions
State Legislatures
State Judiciary
State Boards of Education
Local Authority to Act
The Origin of Liability
Sovereign Immunity
Proprietary Acts Exception
Nuisance Exception
Eleventh Amendment Exception
Tort Liability
Intentional Torts
Negligence
Civil Rights
Defamation
Educational Malpractice
Contracts
Wrap-Up
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
PART III A View of the Future
12 Site-Based Leadership
The Challenge
Chapter Drivers
Pulling It Together
The Site Concept
Framework for Implementation
What Is the Strategic Concept?
Assessment
Implementation
Accountability
What Is the Role of the Principal?
What Is the Role of the Central Office?
What Is the Role of the Site Council?
Organization
Membership
Legitimate Control
What Are the Budget Issues?
Basic Knowledge
Site Knowledge
Revisiting a Sample School District
Final Comments
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading
13 The Future of School Funding
The Challenge
Chapter Drivers
The Big Picture
What Are the Issues?
Lessons from this Book
The Future of School Funding
Politics of Money
The Economy
Equity, Adequacy, Efficiency, and Accountability
School Choice
A Final Word
Point–Counterpoint
Case Study
Portfolio Exercises
Web Resources
Recommended Reading

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