Issuing long-term debt can be a complex, multifaceted process. Although the process varies by stare, typically the school business official and the district solicitor work with the financing ream, which includes a financial adviser, bond counsel, underwriter, raring agency, and possibly a bond insurance agent, paying agent, and architect.…

This article presents an example of the ways in which many large districts are working to dispel long-held myths about inefficient and unresponsive operations, particularly in operational areas, such as transportation, purchasing, food services, and information technology (IT). Determined to improve both academically and operationally, leaders in…

Information about tax-sheltered annuity plans and a questionnaire to assist in the evaluation of companies that provide a fixed annuity. (Author/MLF)

A well-designed investment program can help administrators get the most out of public dollars and other available resources. (Author)

School districts can effect considerable savings by obtaining maximum banking services. A procedure is offered for choosing a bank depository based on services to be rendered. (Author/MLF)

Discusses eligibility rules, funding vehicles, salary reeducation contribution requirements and limits, distribution benefits, transfers, and rollovers associated with providing well-run Section 403 (b) tax shelter annuity programs for school employees. School business officials should possess a thorough understanding of Internal Revenue Service…

Basic components of a New Jersey district's profitable cash management program include consolidating funds using a negotiated bank agreement, a short term investment policy, accurate flowcharts for precise planning, and revenue and expenditure analysis. Data collection and analysis and the alternative of using a bank service agreement are…

To help school business administrators keep track of districts' funds and make the right investment decisions, this directory contains descriptions of the financial services provided by over 25 firms. A table provides detailed information on the areas of the country the firms serve and their areas of expertise. (MLF)

The Automatic Payroll Deposit System in Yakima, Washington's Public School District No. 7, directly transmits each employee's salary amount for each pay period to a bank or other financial institution. (Author/MLF)

This article was written to help school-business administrators keep track of school-district funds and make the right investment decisions. It provides a directory, which contains detailed information on financial-services firms, the regions they serve, and their areas of expertise. (LMI)

A clearinghouse specializing in providing tax-sheltered annuity services for school employees eliminates any question of school district liability for investment performance. (MLF)

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)

Encourages educational institutions to strengthen their financial positions by taking advantage of the current "marketing war" among United States banks. Suggests increasing the yield of available funds, reducing idle cash balances, and increasing available investment funds as three criteria for choosing the right bank or combination of…

Asserts the importance of each school business official's responsibility to accurately report the school's financial situation to the state legislature. Uses Minnesota's 33 area vocational technical institutes to illustrate the application of statewide uniform financial accounting and reporting standards to Minnesota public school districts. (JBM)