Designed for aspiring school leaders, this text presents the realities of school finance policy and issues, as well as the tools for formulating and managing school budgets. In an era of dwindling fiscal support for public schools, increasing federal mandates, and additional local budget requirements, educational leaders must be able to articulate sound finance theory and application. The authors move beyond coverage found in other texts by providing critical analysis and unique chapters on misconceptions about school finance; fiscal capacity, fiscal effort, adequacy, and efficiency; demographic issues; and spending and student achievement. Examining local, state, and federal education spending, this text gives readers the foundation to understand school finance and knowledgeably educate colleagues, parents, and other stakeholders about its big-picture issues, facts, and trends. The new edition of American Public School Finance will help educational leaders at all stages of their careers become informed advocates for education finance practice and reform.
New in this edition:
Expanded coverage on school choice
Discussion of new standards and law
Updated exploration of student demographics and its impact on learning
Advanced pedagogical features such as connections to the latest Professional Standards for Educational Leaders (PSEL), Focus Questions, Case Studies, and Chapter Questions/Assignments
Complementary electronic resources designed to deepen and extend the topics in each chapter and to provide instructors with lecture slides and other teaching strategies.
Inhaltsverzeichnis
Preface
Acknowledgments
Chapter 1. Misconceptions about School Finance
Chapter 2. History of School Finance in the United States
Chapter 3. The Legal Framework for Financing Public Education
Chapter 4. Education as an Investment in Human Capital
Chapter 5. Taxation Issues
Chapter 6. Fiscal Capacity and Fiscal Effort
Chapter 7. Equity, Adequacy, and Fiscal Efficiency
Chapter 8. The Structure of School Finance Systems
Chapter 9. Demographics and School Finance
Chapter 10. Budgeting: Applying Policy Values
Chapter 11. Spending and Student Achievement
Chapter 12. Critical and Emerging School Finance Issues
