Innovative Financing Of Public School Facilities

Indifference has not always characterized American attitudes toward rural children, nor has neglect always been the cornerstone of state and federal policy toward rural education. Indeed, for nearly a century there was an avid and influential—though ultimately ineffective—rural school reform movement in the United States. But in recent years, rural education has become a "skeleton in the closet" of the education profession. More than 14 million children attend rural schools that receive only minuscule amounts of the nation s financial resources and professional attention. The authors of this book carefully analyze the beliefs, assumptions, policies, and practices that have shaped and continue to shape education in rural America, concluding that conventional wisdom in rural education has proved to be considerably more conventional than wise. They offer pragmatic suggestions for changes in rural schools, in educational policy, and in programs designed for rural communities. As Robert Coles tells us in his Foreword to the book, they "give us clear, strong, uncluttered prose—a good sign that they are able to offer sensible, honest, unpretentious suggestions and useful ideas. They give us. . .a social history that enables perspective . . . and [they give us] practical, well-argued suggestions for a public policy both humane and capable of realization for our rural areas."

School business officials looking for solutions to the problems of financing building projects will want to add this useful guide to their bookshelf. A supplement to School Business Affairs, it offers advice and guidance to school business officials who are faced with the challenge of new construction, renovation, or refurbishment.

Financing Public Schools moves beyond the basics of financing public elementary and secondary education to explore the historical, philosophical, and legal underpinnings of a viable public school system. Coverage includes the operational aspects of school finance, including issues regarding teacher salaries and pensions, budgeting for instructional programs, school transportation, and risk management. Diving deeper than other school finance books, the authors explore the political framework within which schools must function, discuss the privatization of education and its effects on public schools, offer perspectives regarding education as an investment in human capital, and expertly explain complex financial and economic issues. This comprehensive text provides the tools to apply the many and varied fiscal concepts and practices that are essential for aspiring public school administrators who aim to provide responsible stewardship for their students. Special Features: "Definitional Boxes" and "Key Terms" throughout chapters enhance understanding of difficult concepts. Coverage of legal, political, and historical issues provides a broader context and more complex understanding of school finance. Offers in-depth exploration of business management of financial resources, including fiscal accounting, school facilities, school transportation, financing with debt, and the nuances of school budgeting techniques.