The bonding authority and bond bank concepts have evolved as effective and efficient methods of assisting local education agencies in financing school facility construction and other capital improvement programs. This discussion defines bonding corporations and reviews their historical development, current status, and potential. (TE)

The relationship between educational finance and organizational effectiveness or "health" in 50 Connecticut high schools was examined. Data were collected using existing organizational health questionnaires and archival data. A sample was randomly selected from the population of public high schools in Connecticut. Seven…