This book paints a comprehensive picture of school finance to illuminate issues with the current system and suggest ways to improveme that system.
Ovid K. Wong is associate professor of education at Benedictine University in Lisle, Illinois. Daniel M. Casing is a veteran educational administrator, serving as building principal, district superintendent, and assistant superintendent for financial services.
Figures and Tables
p. vii
Foreword
p. ix
Acknowledgments
p. xiii
Introduction
p. xv
Paving the Road to Support American Public Education
p. 1
Shopping for Public Schools
p. 1
The History of Publicly Supported Education
p. 6
A Model of Funding-Spending-Impact
p. 14
American Public Education: The Land of Unequal Opportunity
p. 17
Where Does School Funding Come From?
p. 18
How Is a School Budget Developed?
p. 24
Budget Deficit Spending
p. 26
The Unequal Equalizer
p. 28
The Funding Inequity Impact on Student Educational Opportunities
p. 30
Reaching Student Equity-Consent Decree
p. 30
Expenditure Divide in the Land of Unequal Opportunity
p. 35
Basic Fund Accounting: Expenditure by Funds
p. 37
Basic Fund Accounting: Expenditure by Objects
p. 38
Public School Indirect Expenditure for Private and Home Schools
p. 43
Narrowing the Gap of Educational Funding
p. 47
Separate but Unequal
p. 49
No Child Left Behind Funding Issues
p. 52
Raising School Funding-Deal or No Deal?
p. 62
House Bill/Senate Bill 750-Robbing Peter to Pay Paul?
p. 66
Budgetary Issues in an Economic Recession
p. 69
The Development and the Ugly Face of Recession
p. 69
The Impact of Recession on Education
p. 72
The Federal Stimulus Package of 2009
p. 78
Prioritize Education Expenditure to Maximize Student Opportunities
p. 83
Education Philosophies and Expectations for Decision Making
p. 83
What Matters in Student Achievement?
p. 88
Toward Funding Equity Strategies
p. 97
The Impact of Expenditures on Student Educational Opportunities
p. 104
Securing the Continued Educational Success of the Nation
p. 107
Conclusion
p. 113
Afterword
p. 115
References
p. 117
About the Authors
p. 119
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