The differential interest costs to rural governments associated with borrowing in the tax-exempt bond market is a function of the advantageous position of several large partially rural counties and the dominance of school district borrowing in rural communities, rather than a disadvantage of predominantly rural governments. This conclusion is the…

School systems have been forced to postpone purchases of new equipment and to defer repair and renovation projects. At present, 39 states provide support for local school district capital expenditures through five primary mechnanisms: full state assumption, state/local sharing, state flat grant, state equalizing grant, and state loans. In response…

This handbook is intended for school decision-makers who need to evaluate the validity of financial data before making management judgments. The book is an analysis of what is contained in various kinds of school accounts in relation to what could be or should be contained. The book is for self-directed study, estimated to require not more than…