These qualitative case studies give the prospective superintendent a real-life look at life on the other side of the district CEO's desk. Two dozen superintendents reflect upon their first challenges and growth opportunities that arose during that all-important first year. They tell it like it is, no sugar-coating. The experiences they listed, in…

The example of the Austin, Texas, Independent School District illustrates successful bond issue campaigning. Describes the district's 1983 effort from initial needs assessment, through placing the bond issues on the ballot and forming a campaign organization, to conducting specific campaign activities. (MCG)

Outlines several major areas involved in issuing bonds to finance school buildings and other projects. Basic financing structures include general obligation bonds, lease revenue bonds, and tax anticipation notes. Explains competitive or negotiated sale process and the roles of financial advisor, underwriter, and bond counsel. (MLF)

It has become increasingly difficult for school administrators and boards of education to obtain funds for meeting educational community needs and for overcoming obstacles to providing high quality education. This book provides the theoretical basis for developing specific strategies for resolving school bond issues and practical information on…

Education, community, and business organizations are now organizing public forums to address school repair and modernization. This report discusses the need for school modernization assistance, the impact of inadequate school facilities on student learning, school construction planning to receive construction bond allocations, and examples of ways…

School systems with a rating of "A" or lower can save money by insuring their bonds because, in almost every instance, the reduced borrowing cost more than offsets the bond insurance premium. Included is a list compiled by Donna Harrington-Lueker of the four major players in the bond insurance field and elements to consider in choosing…

Difficulty passing referenda to authorize school bonds necessary for important school capital purposes prompted New Jersey to enact legislation to authorize a school district to acquire a site and school building by lease purchase agreement. Advantages, disadvantages, and voter attitude are discussed. (MLF)

The House-approved version of the tax bill H.R. 3838 will increase borrowing costs to local and state governments. Educational costs will either increase or educational services will decrease. The House legislation also would treat all nontuition student aid as income and place a cap on pension funds. (MLF)

Presents a New Jersey school board's method for revenue raising through bond approvals by the community. The key to this board's success is the involvement of citizens in the early decision-making process. (MD)

This chapter of "Principles of School Business Management" provides a generic overview of the major tasks associated with financing a school district's large capital programs. The chapter opens with a brief historical review of the limited provisions made for capital outlay prior to the 1960s and of the trends in financing in recent decades. The…

Intended for local municipal officials and their advisors on public finance issues, this publication describes the legal environment surrounding bonds and examines some of the factors affecting the political feasibility of bond issues. Four categories of state controls of municipal bonds are discussed: limits on the amount of debt municipalities…

An executive of Moody's Investors Service explains what past experience has taught the company about municipal analysis, how a bond issue is assigned a credit rating, and what issuers can do to obtain the best rating. (MLF)

Ten years ago the new superintendent of District 11 in Colorado Springs, Colorado, learned the proposed budget was $12 million out of balance. Now the district has sound financial backing thanks to improving business practices. (MLF)

A Colorado school district approved a mill levy that tied additional future funding to improved student performance on the Colorado Student Assessment Program. In a single year the district met more than half of their 3-year goal and credits success to a focused, data-driven approach, a bipartisan citizens committee, a strategic plan, a plan for…

To help school districts comply with Oregon's school bond laws, this manual provides guidelines for school district attorneys and personnel in the issuance and sale of school district bonds. The manual deals with the three primary types of Oregon school district borrowings: (1) general obligation bonds; (2) tax and revenue anticipation notes; and…