Financing education in a climate of change / Vern Brimley, Jr., Rulon R. Garfield.

Format:

Book

Author/Creator:

Brimley, Vern.

Contributor:

Garfield, Rulon R.

James Hosmer Penniman Book Fund.

Language:

English

Subjects (All):

Education--United States--Finance.

Education.

United States.

Finance.

Physical Description:

xiii, 418 pages : illustrations, maps ; 25 cm

Edition:

Eighth edition.

Place of Publication:

Boston : Allyn and Bacon, [2002]

Contents:

1 The Economics of Education 1

Economics and Social Progress 3

Education: An Important Industry 4

Resource Allocation to Education 8

Education as Human Capital 14

Creation of Wealth and Education 19

Increasing Expenditures and the Economy 19

Noneconomic Benefits of Education 20

Education Produces External Benefits 21

Cost-Quality Relationship in Education 23

2 Financing Education Adequately 30

Education Deserves Higher Priority 35

The Increasing Costs of Education 36

The Consequences of Not Educating People 44

Education and Accountability 51

Underinvestment Is Poor Economy 53

3 Financing Education Equitably 59

Inequalities in Financing Education 60

Equity: An Objective of School Finance Reform 62

Equity at the School Level 65

Measures of School District Wealth 72

Historical Influences on Equity 76

The Equalization Principle 80

Improving State Equalization Practices 80

Foundation Program Variations 81

The Impact of Average Daily Attendance on Equity 85

Confusion in Current School Finance Practices 86

4 Patterns for Developing School Finance Systems 92

Concern for Equal Rights 92

Full State Funding 93

District Power Equalization 96

Property Reassessment and Local District Revenues 102

Determining the Best Finance Plan 102

Equalization of Services 103

Emphasis on Weighting Factors 104

Principal Types of Weightings 105

5 Sources of Revenue 116

The Taxation System 116

Characteristics of a Good Tax System 118

Criteria for Evaluating Tax Structure 122

Taxes for Education 123

Property Tax 123

Income Tax 127

Sales Tax 128

Sumptuary Tax 130

Severance Tax 130

Potential New Taxes 131

Lotteries 132

Private Foundations 135

School-Business Partnerships 135

6 Eroding Local Control 142

Diminishing Local Control 142

Decreasing Rural Influence on Education 143

Decreasing Urban Economic Advantages 144

School Districts: Basic Administrative Units 144

The Administration of Local School Districts 148

Local Fiscal Control 153

Advantages of Local Control 157

Fiscal Independence of School Districts 158

Trends in Local Taxation Practices 158

Measures of Local Taxpaying Ability 159

Local, State, and Federal Tax Responsibility 159

7 Education: A State Function 164

Early Development of State Responsibility 165

Development of School Finance Policies 167

Developmental Stages of School Finance Theory 171

The Varying State Roles 179

State Financial Support 189

State Ability to Support Education 193

8 Federal Interest in Education 197

Historical Role of the Federal Government 197

Federal Involvement: A Fluctuating Role 200

Federal Expenditures 203

Limited Federal Aid: A Reality 204

Federal Fiscal Advantages and Disadvantages 205

Distributing Federal Funds 206

Federal-State-Local Finance Sharing 208

Federal Aid in Lieu of Taxes 210

Increased Governmental Services 210

The Future of Federal Aid-to-Education Programs 212

Department of Education 213

9 The Influence and Climate of the Courts 218

Court Decision Guidelines 219

Power of the Courts 221

Equal Protection and the Courts before 1971 222

Serrano v. Priest (1971) 222

Consequences of Serrano 224

San Antonio Independent School District v. Rodriguez (1973) 226

State Court Cases 228

Complexity of Judicial Review 230

Meeting Court Mandates 232

Court Cases and Equity 233

Principles Established by Court Decisions 237

Pressure for Reform 237

Finance Studies and Reform Efforts 238

Factors Limiting School Finance Reform 239

California's Proposition 13 239

Finance Reform or Tax Reduction 241

10 Public Funds and Nonpublic Schools 246

A Controversial Issue 246

Nonpublic School Enrollments 248

The Law and Church-State Relations 249

Intervention by the Courts 251

Educational Choice 255

Controversy Not Solved 262

11 Financing School Facilities 267

Complete Local Support 268

Factors Restricting Local Responsibility 269

State Capital-Outlay Financing 270

The Federal Government and Capital Outlays 272

State Support 273

Debt Limitations Liberalized 276

Equity in Financing Educational Facilities 276

Equalization of School Building Costs 277

Capital-Outlay Finance Plans 278

School Bonding Practices 281

Impact Fees 288

Other Alternatives 289

12 Administering the School Budget 293

Evolution of Budgetary Practices 293

The Budget 294

Administration of the Budget 300

Budgeting at the School Level 303

School/District Coordination 306

Systems of Budget Administration 310

Challenge of Leadership 315

13 Accounting and Auditing 319

The School Accounting System 320

Standard Accounting Practices 322

The Use of Clearing Accounts 324

Encumbrance Accounting 325

Cost Accounting 326

Accrual Accounting 326

Computerized Accounting Systems 327

Receiving and Depositing Funds 328

Expending School Funds 328

Financial Reports 329

Auditing 330

Protecting School Funds 334

14 Business Aspects of the School Community 338

The Business Office 338

Supplies and Equipment 340

Purchasing 341

Supply Management 345

Risk Management and Insurance 347

Insurance 350

Transportation 356

School Food Services 357

15 Human Resources and School Finance 363

Expanding Role of Human Resource Administration 364

Issues in School Human Resources 366

Salary Schedules and Merit Pay 370

Trends in Salary Scheduling 373

Benefits 374

Teachers and School Finance 377

The Changing Assignments of Teachers 378

Administrative and Supervisory Salaries 380

Noncertificated Personnel Salaries 381

Payroll Policies and Procedures 381

Current Certification Issues 383

Early Retirement 384

16 The Road Ahead in School Finance 388

The Unpredictable Future of Public School Finance 390

Unresolved Issues 391

Some Characteristics of Educational Structure 392

School Finance Goals 393

The Challenge 394

Appendix Some Important Federal Programs 397.

Notes:

Updated edition of: Financing education in a climate of change / Percy E. Burrup, 7th ed., 1999.

Includes bibliographical references and index.

Local Notes:

Acquired for the Penn Libraries with assistance from the James Hosmer Penniman Book Fund.

ISBN:

0205332358

OCLC:

45917190