Financing Schools for High Performance

This essential new resource shows how educators can use existingdollars effectively and productively. The key lies in creatingfinance systems that give schools greater control over theirbudgets?allowing more resources to flow directly to teachers andstudents. Allan Odden and Carolyn Busch look at inefficiencies in currenteducation spAnding, examine varied approaches to school-basedfinancing, and offer recommAndations for restructuring financesystems to meet ambitious reform goals. In addition, they proposeways to make funding more equitable across districts, outline thevarious elements that make school-based management work, anddescribe the key roles and responsibilities for the district, evenin a decentralized system. Financing Schools for High Performance is filled with examples ofbudgets, finance structures and formulas. It will prove to be anindispensable aid for state, district, and school-leveladministrators.

INTRODUCTION. How the Education Dollar Is Spent. The Case for Decentralized School Management. APPROACHES TO SCHOOL-BASED FINANCING. The Case for Charter Schools. A State-to-School Model from Australia. School-Based Financing in England. RECOMMENDATIONS. A Better Financing Framework. Reallocating Education Dollars to Improve Results. New Roles and Responsibilities for the District. Summary: Putting Money Where it Matters Most.