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…

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)

This report examines the history of California school construction financing and its past pitfalls, highlights the problems with pre-existing programs, and explores the history of bond initiatives during the past 5 decades. It begins by examining the State Allocation Board and its staff (the Office of Public School Construction) and reviewing the…