Explores why more and more institutions are outsourcing different functions in the college union, including food services, vending, and bookstores. Examines the advantages and disadvantages, and what college union administrators should watch for when considering outsourcing. (EV)

This study assessed farmers' willingness to pay (WTP) for extension services. The Contingent Valuation Method (CVM) was used to assess the amount which farmers are willing to pay. Primary data on the demographic, socio-economic variables of farmers and their WTP were collected from 228 farmers selected randomly in a stage-wise sampling procedure…

This article examines the steps in creating a facilities master plan. The facilities master plan is a long-range look at the development of one's facilities, combined with an implementation plan that indicates the steps, sequence and costs to get one there. There are three basic steps: (1) analyzing what one has (assessing one's facilities to…

The effect of inflation and recession on the budgets and character of academic institutions is examined. The seriousness of the problem is emphasized, and the rising costs are discussed in terms of the Higher Education Price Index (HEPI) constructed by Halstead. It is based on a detailed breakdown of expenditure categories and is the least…

Summarizes major problems in school financial management and suggests practical improvements to aid external reporting of financial data and internal management. Sections of the article describe these categories of problems: (1) budget presentation; (2) management control; (3) cost accounting; and (4) financial reporting. (PS)

Suggests that as automated information services become more prevalent, it is essential that libraries find permanent funding to support this activity. Funding of information provided by an online search that satisfies legitimate educational and research needs with monies from print materials budget is considered. Three reactions to essay are…

Checklist for evaluating school management covers (1) budgeting, revenues, expenditures; (2) accounting and payroll; (3) purchasing and warehousing; (4) debts and captial outlay; (5) insurance; (6) property control; and (7) school activity funds. (JBM)

Analyzes the real operating costs of child care centers providing quality care in order to establish a model from which funding agencies and child administrators can plan and evaluate budgets to enhance the quality of child care. (Author/MP)

Dramatic savings are possible by implementing minor modifications including: energy efficient light bulbs and tubes, ballasts, luminaires (fixtures), controls, operating practices, and revised maintenance. Many different changes can be made without affecting productivity, safety and security, visual comfort, aesthetic appeal, consumer discretion,…

A preview of the college bookstore in the eighties includes a discussion of text and tradebooks; profit-makers (such as imprinted clothing and cosmetics); the college store inventory; pilferage; and overhead expenses. (PHR)

Comparison of 14 different distance teaching projects showed that the projects and their costs are reasonably comparable. Methods of cost analysis are discussed, and conclusions reached on seven aspects of the economics of distance teaching are summarized. (JEG)

Presents data on public library referenda for capital improvement projects and on operating levies. Highlights include package deals with other funding measures, success rates, library campaign messages, and a sidebar that details strategies used successfully by the Toledo-Lucas County (Ohio) Public Library. (Contains five tables.) (LRW)

Describes financial management problems typically encountered by child care center directors and owners. Offers suggestions for planning and management techniques to overcome problems of cash flow, budgeting, rising costs, underpricing, declining revenues, fee collection, and liquidity. (NH)

College and university fund raising must be need-driven rather than donor-driven, capable of providing operating budget relief, and integrated with the institution's vision. Priority needs must be developed into a concise list of gift opportunities that, when funded, will clearly advance the institutional plan. Need-driven investments, not…

A framework for analyzing and classifying cost factors in higher education is presented. Costs are located in three sources (individual colleges and universities, the higher education community, and the socioeconomic and scientific-technological environment), and within each source, are a result of either cultural or material conditions. (MSE)