Many districts continue to face budget challenges of historic proportions. Decisions made in the coming months will carry significant repercussions for years to come. The path of least resistance is to slash budgets in ways that erode schooling. In this scenario, important reforms are left behind, overall services are diminished, innovations are…

For years, people have been taught that maintaining liquidity of assets, particularly at retirement, is beneficial. One's liquidity, that is, monies he/she controls and has ready access to for discretionary withdrawals, translates into uncertainty to the company holding those assets because they can be withdrawn at any time. If one can increase a…

The vast majority of U.S. school districts are considered independent and have taxing authority; the remaining districts rely on revenue and budgetary approval from their local government. In the latter case, localities often use some form of negotiated process to determine the amount of revenue their school districts will receive. Typically, a…

In 2009, the city of Detroit proposed a $500.5 million bond referendum to stem the declining enrollment in Detroit Public Schools (DPS) that mirrored the decades-long decline in the city's population. Proposal S was passed in November to fund the construction of 8 new schools, the renovation of 10 more, and the improvement of information…

Risk management is a huge task that requires diligent oversight to avoid penalties, fines, or lawsuits. Add in the burden of limited resources that schools face today, and the challenge of meeting the required training, reporting, compliance, and other administrative issues associated with a safety program is almost insurmountable. Despite an…

School business officials are best equipped to lead in funding operating and capital needs because they understand the need for a methodical means of funding ongoing costs over time and the benefits of planning for future financial needs rather than letting emergencies dictate spending priorities. A capital-financing plan makes it possible to…

For 70 years, the Union City School District used a line-item budget system, a top down approach that was regarded by many as "deaf, dumb, and blind." This antiquated central administration process gave school leaders and staff little, if any, input into the distribution of resources for their schools, resulting in a redundancy of allocations,…

In a time of diminishing resources and increased accountability, it is important for school leaders to make the most of every dollar they spend. One approach to ensuring responsible resource allocation is to closely examine the organizational culture surrounding decision making and provide a structure and process to incorporate research and data…

The New Mexico Public Schools Facilities Authority (NM-PSFA) is a relatively small state agency (50 staff members) that manages the allocation of funding for public school facilities in the state while assisting school districts and state-chartered charter schools in facility planning, construction, and maintenance. Like the majority of other…

Some of the most complicated issues facing school districts across the country revolve around resource allocation and student assignment planning. Determining school attendance boundaries, selecting sites for new schools, closing existing ones, balancing seat utilization while minimizing travel costs, and achieving socioeconomic diversity are all…

Gadi Paskoff just completed his freshman year of high school. He's an honor student, accomplished musician, and sports fanatic. He is also a staff writer for Freestyle, a section in the "Lancaster Intelligencer Journal/New Era's" Saturday edition. Paskoff hit a homerun with his June 20 article, "Learning Should Be More than Technology." Reflecting…

As education budgets continue to tighten, increased attention is focused on how school districts can best distribute existing funds to schools and how schools can best use these funds. Student-based funding (SBF)--sometimes referred to as a weighted student formula--is one approach that school districts have taken during the past decade. SBF…

The economic recession has had a profound effect on the ability of state and local governments to provide essential services to their communities--especially education. Stories about increased class sizes, personnel layoffs, and dwindling support for programs outside core classroom instruction have flooded newspapers around the country. Despite…

Most districts are facing severe budgetary constraints, and special education is one area that is feeling the effects. Special education consumes an average of 20%-30% of school district budgets. Pacing fiscal and systemic controls on special-education spending, and examining para professional placements in particular, will lead to better delivery…

Near the shores of Lake Superior, Michigan's Houghton-Portage Township School District is known for academic leadership and strives to provide an exceptional and secure learning environment for its students. However, like many districts around the country, Houghton-Portage is not immune to the economic restrictions. In a recent effort to address…