Money and Schools

"Over the years, many professors have published books that have sought to encapsulate the several aspects of school management responsibilities, but few, if any, have been as successful in this pursuit as professors Thompson, Crampton, and Wood in this fine textbook, Money and Schools. This book explains complex, specialized tasks of school business managers and budget officers in a highly readable fashion that is clear to even the most junior official. I highly recommend this book for use in graduate study in educational administration programs." - Kern Alexander, Excellence Professor, Department of Educational and Organizational Leadership, University of Illinois at Urbana-Champaign "Money and Schools continues to be one of the most important state-of-the-art texts in school finance. This comprehensive, relevant, and practical book is appropriate for K-12 school leaders, graduate students and researchers, and is written by preeminent scholarly leaders in the field of school finance. A truly valuable contribution!" - Oscar Jimenez-Castellanos, Associate Professor at Mary Lou Fulton Teachers College, Arizona State University "A new edition, this includes cutting edge research; new concepts and updated and enhanced web resources and recommended reading lists. [...] Those teaching and managing school finances will find this book a useful fount of knowledge to pass on as well as being invaluable in helping them to make the best of what may be increasingly reduced and unforecastable resources." - Parents in Touch, UK

Faith E. Crampton is an education consultant serving as President and CEO of Crampton & Associates and retired as Associate Professor of Education Finance and Policy in the Department of Administrative Leadership at the University of Wisconsin-Milwaukee. R. Craig Wood is Professor of Educational Administration & Policy at the University of Florida and Chair of the National Education Finance Conference. David C. Thompson is Professor and Chair of the Department of Educational Leadership at Kansas State University, where he holds the Elvon G. Skeen Endowed Chair for Education.

About the Authors Preface Acknowledgments Part I: Overview of Broad Concepts 1 Schools, Values, and Money 2 Funding Schools: A Policy Perspective 3 Basic Funding Structures Part II: Operationalizing School Money 4 School Funds Accountability and Professionalism 5 Budget Planning 6 Budgeting for Personnel 7 Budgeting for Instruction 8 Budgeting for Student Activities 9 Budgeting for School Infrastructure 10 Budgeting for Transportation and Food Service 11 Legal Liability and Risk Management Part III: A View of the Future 12 Site-Based Leadership 13 The Future of School Funding