Principal's Guide to School Budgeting

ISBN-10: 1452255474
ISBN-13: 9781452255477
Edition: 2nd 2013
List price: $37.95 Buy it from $27.24
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Description: Learn how to create a winning school budget during challenging economic times.Effective administrative practices, both fiscal and academic, are continually being redefined at all levels. Developing budgets that keep up with economic changes and  More...

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Book details

List price: $37.95
Edition: 2nd
Copyright year: 2013
Publisher: Corwin Press
Publication date: 11/29/2012
Binding: Paperback
Pages: 272
Size: 7.00" wide x 10.50" long x 0.75" tall
Weight: 1.474

Learn how to create a winning school budget during challenging economic times.Effective administrative practices, both fiscal and academic, are continually being redefined at all levels. Developing budgets that keep up with economic changes and instructional expectations is a challenge. This best-seller steps leaders through the budgeting process, with vision and planning as firm guides to resource allocation. Emphasizing tough budgetary climates, the book includes a budget model that shows how to align organizational goals with a sound fiscal accountability system. This new edition features 25 tips for budgeting during an economic downturnAnalysis of real school action and budget plansMethods for conducting a needs and program assessmentAnswers to some of the toughest budgeting dilemmasCase study applications and problemsBudgeting checklist for administratorsSelected templates, forms and resourcesDiscussion questions and experiential activitiesShowcasing real school scenarios and national standards, leaders learn to plan a budget, monitor funds, evaluate budget reports, and prepare school action plans that keep students achieving in fiscally difficult times.

Learn more about Richard Sorenson's PD offerings Richard Sorenson is an associate professor in the Educational Leadership and Foundations Department at The University of Texas at El Paso. He served public schools for 25 years as a social studies teacher, principal, and associate superintendent for personnel. Currently, Sorenson works with graduate students at UTEP in the areas of school personnel, school-based budgeting, educational law, and leadership development. He was named The University of Texas at El Paso College of Education Professor of the Year in 2005, is involved in several educational initiatives on the U.S./Mexico border, and he is an active writer with numerous professional journal publications. He has also authored textbooks, teacher resource guides, and workbooks in the area of the elementary and secondary school social studies curricula. He conducts workshops at the state and national levels on topics such as principal preparation, instructional leadership, and effective teaching practices. His has been actively involved with the Texas Elementary Principals and Supervisors Association (TEPSA), the Texas Association of Secondary School Principals (TASSP) in which he conducts annual New Principal Academy seminars, and the Texas Council for the Social Studies (TCSS). His research interest is in the area of the school principalship, specifically the examination of conditions and factors that inhibit and discourage lead teachers from seeking the school principalship as a career option. He received his EdD from Texas A&M University at Corpus Christi in the area of educational leadership.

Lloyd Milton Goldsmith is associate professor and chair of the Department of Graduate Studies in Education at Abilene Christian University. Goldsmith is currently involved in developing online graduate education degrees that incorporate faith principles. He teaches courses in school culture, professional development, and continuous school improvement. He served public schools for 29 years as an elementary science teacher, middle school assistant principal, and elementary school principal. He and a fellow chemistry professor, Kim Pamplin, co-direct a program to facilitate high school chemistry teachers in effective instructional strategies. Goldsmith has served on several state committees for the Texas Education Agency. He currently serves as a consultant on a project to migrate mandated state principal training to an online format. He is president of the Texas Council of Professors of Educational Administration. Goldsmith has presented at numerous state, national, and international conferences. He is active in Kiwanis International and in his local church, where he teaches Sunday school to lively fourth graders, works with the Boy Scouts, and leads a life group. He earned his EdD in educational leadership from Baylor University.

Preface
Acknowledgments
About the Authors
Introduction
Understanding the Budgeting Process
The Basics of School Budgeting
Breaking the Budgeting Myths
Delineating Between School Finance and School Budgeting
Budgeting in Times of Economic Downturn and Fiscal Constraint
Allocation-The Key to the Budgetary Process
Sources of School Funding
Federal Sources of Income
State Sources of Income
Local Sources of Income
Ten Steps to Budgeting Success
Determine the Allotment
Identify Fixed Expenditures
Involve All Stakeholders
Identify Potential Expenditures
Cut Back
Avoid Continued Debts
Develop a Plan
Set Goals
Evaluate the Budget
Abide by the Budget
Final Thoughts
Discussion Questions
Case Study Application: Fiscal Issues and the New Principal
Application Questions
Application Questions
The Budget-Vision Relationship and the National Standards
The National ISLLC Standards
Shifts in Knowledge and Skills
From Technical Skills to Interpersonal Skills
From Director to Consensus Builder and Motivator
From Resource Allocation to Accountability
Examining the ISLLC Standards Through a Budget-Vision Lens
The Vision Standard
The Learning Standard
The Environment Standard
The Community Standard
The Ethics Standard
Examining Three Key Terms-The Trio
The Global Standard
Final Thoughts
Discussion Questions
Case Study Application: Belle Plain Middle School
Application Questions
Culture, Data, and Celebrating Success
Culture
Values
Beliefs
Attitudes
Data
Data-Driven Decision Making
Barriers to the Use of Data
Data Types
Disaggregated Data
Longitudinal Data
Perception Data
Qualitative Data
Quantitative Data
Assessment
Acknowledging Opportunities for Growth and Development
Celebrating Success
Final Thoughts
Discussion Questions
Case Study Application: L. B. Jensen Middle School
Application Questions
A Model for Integrating Vision, Planning, and Budgeting
Sorenson-Goldsmith Integrated Budget Model
Leadership
Defining Stakeholders
Stakeholder Selection
Committee Size and Structure
Diversity
Committee Member Training
Staggering the Terms
Data Gathering (Needs Assessment)
Data Analysis
Needs Prioritization
Goal Setting
Performance Objectives
Action Plan
A Planning Metaphor
The Elements of an Action Plan
The GOSA Relationship
An Example
GOSA Mapping
Final Thoughts
P.S.
Discussion Questions
Case Study Application: Shifting Paradigms with Changing Times
Effective and Efficient Budgeting Practices
The Budget Plan
Adequate Funding in an Era of Accountability and Fiscal Constraint
Analyzing the School Action and Budget Plans
Performing an Information Analysis
Steps to Performing an Information Analysis
Qualitative or Soft/Outside Data and Information
Quantitative or Hard/Outside Data and Information
Qualitative or Soft/Inside Data and Information
Quantitative or Hard/Inside Data and Information
Conducting a Needs Assessment
Generated Income Sources
Grants
Fundraising
Expenditure Accountability and Control
Fiscal Education and Information Management System
Accounting Procedures
Collection and Deposit Structures
The School Activity Account
Components of the Collection and Deposit Structure
Timely Payment of Bills
Budget Amendments
Budgetary Systems
Function/Object Budgeting
Zero-Based Budgeting
School-Based Budgeting
Accounting and Auditing Procedures
Fraudulent Practices
Embezzlement
Other Risk Factors
The Leadership Role: Ethical and Moral Behaviors
Final Thoughts
Discussion Questions
Case Study Application: Sex, Money, and a Tangled Web Woven
Application Questions
Building the School Budget
Site-Based Decision Making
Why Site-Based Decision Making?
Who Builds the School Budget?
The School Leader
School-Site Administrators
Other Committee Members
School-Site Directors
Teachers and Grade-Level or Department Chairs
Central Office Administrators
Students
Community Members
School Budget Applications
Budget Allocations
Restricted Funds
Coding Applications
Utilizing Accounting Codes
Utilizing Accounting Codes
Projecting Student Enrollment
Important Budget Considerations
The Budget Calendar
The Budget Hearing and Defense
Final Thoughts
Discussion Questions
Shifting Paradigms With Changing Times
Requisition Season at Cover Elementary
Application Question
The Budget Development Project
Chapter 6 Answers
Selected Forms
Budget Development Spreadsheet
Strategy Page
Experiential Exercises
Gladys Weatherspoon Case Study
Background
Gladys's Fiscal Balance Sheet
The Budgeting Codes Activity
Accounting Codes Reference Sheet
Fund Code (500+)*
Function Code (27)
Object Code (35)
Subobject Code
Organization Code (School) (900)
Fiscal Year Code
Program Intent Code (13)
Budgeting Checklist for School Administrators
State Departments of Education Websites
References
Index

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