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Principal's Guide to School Budgeting



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The Principal's Guide to School Budgeting
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This book is purposefully written for practicing and aspiring public and private school administrators who desire to enhance their instructional, technical, and managerial skills not only as the school's leader but also as the school's visionary, planning coordinator, and budgeting manager. The authors provide the reader with an essential understanding of the interwoven relationship between two independent yet distinctly connected accountability systems - academic and fiscal. Readers will find an overview of school budgeting practices, school-oriented situations, how to relate national leadership standards to sound budgeting practice, and build skills to plan and develop a budget, allocate, expend, monitor funds, manage and evaluate budget reports, and prepare school action plans aligned with a fiscal accountability system. Included within are practical tools, templates, discussion questions, and techniques.

Table of Contents

Preface Acknowledgments About the Authors 1. Understanding the Budgeting Process Delineating Between School Finance and School Budgeting Breaking the Budgeting Myths Sources of School Funding Ten Steps to Budgeting Success Final Thoughts Discussion Questions Case Study Application: Fiscal Lessons For the New Principal 2. The Budget-Vision Relationship and the National Standards The National Educational Leadership Standards An Examination of the ELCC & ISLLC Standards Final Thoughts Discussion Questions Case Study Application: Belle Plain Middle School 3. School Culture and Using Data Effectively School Culture Data Driven Decision Making Barriers to the Use of Data Dimensions of Data Types of Data Assessment Final Thoughts Discussion Questions Case Study Application: L. B. Jensen Middle School 4. A Model for Integrating Vision, Budgeting, and Planning Sorenson-Goldsmith Integrated Budget Model Final Thoughts Discussion Questions Case Study Application: Shifting Paradigms with Changing Times (Parts 1-3) 5. Effective and Efficient Budgeting Practices The Budget Plan Adequate Funding in an Era of Accountability Analyzing the School Action and Budget Plans Generated Income Sources Expenditure Accountability and Control Collection and Deposit Structures Budgetary Systems Accounting and Auditing Procedures Final Thoughts Discussion Questions Case Study Application: Sex, Money, and a Tangled Web Woven 6. Building the School Budget Site-Based Decision Making Why Site-Based Decision Making? Who Builds the Budget? School Budget Applications Budget Allocations Restricted Funds Coding Applications Projecting Student Enrollment Important Budget Considerations Final Thoughts Discussion Questions Case Study Application 1: Shifting Paradigms With Changing Times Case Study Application 2: Requisition Season at Cover Elementary 7. Celebrating Success, Acknowledging Opportunities, and Ethical Leadership Celebrating Success Acknowledging Opportunities for Growth and Development The Leadership Role: Ethical and Moral Behaviors Resource A: Selected Templates and Forms Strategy Page Budget Development Spreadsheet Resource B: Experiential Activities The Personal Finance Activity The Personal Finance Case Study: How to Hang On To Your Wallet and Not Lose Your Shirt The Budgeting Codes Activity Accounting Codes Reference Sheet The Budget Development Project Resource C: Budgeting Checklist for School Administrators Resource D: State Departments of Education Websites References Index

Author Biography

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.
Release date NZ
May 23rd, 2006
Edited by Lloyd Milton Goldsmith Edited by Richard D. Sorenson
Country of Publication
United States
Corwin Press Inc
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