The COVID-19 pandemic posed many challenges to student learning, classroom instruction, and the management of school systems. Media, think tanks, and education groups have warned of a post-COVID fiscal cliff for K-12 schools after the $190 billion from the federal government in the form of the Elementary and Secondary School Emergency Relief…

The changing demands of the 21st century--and the students growing up in it--are generating fundamental challenges to historical assumptions about what education looks like. The challenge today is to provide a deeper level of personalized learning to each and every student so that all can achieve mastery of the Common Core standards and other…

Since 1994, AGB has periodically issued papers on policy issues facing higher education. The 2013-2014 edition reflects a higher education landscape that is undergoing rapid and significant change. Such change is compounded by current and longer-term implications of the seemingly never-ending policy debates over traditional financial issues and…

The deduction of state and local taxes in computing federal tax has been a effective though hidden form of federal assistance to education since 1862.This article estimates the state-by-state impact of eliminating such support in fiscal year 1987, as suggested in recent tax reform proposals. (17 references) (MLH)

Higher education benefits from several United States tax law provisions, including deductibility of charitable contributions. Recent tax reform proposals could increase would-be donors' net cost by reducing tax incentives. This paper links lower tax rates to a significant future reduction in educational philanthropy. (18 references) (MLH)

To cope with today's tight economy, administrators can make use of their school resources through business collaboration; for example, New Jersey's Princeton Regional School District has improved its "bottom line" by developing various marketing strategies. (CJH)

This paper presents an alternative to fund accounting by colleges and universities. Global accounting is intended to present an integrated view of a college's economic activities and financial status, by tracking planned and actual college income, college expenses, and effect on the institution's real wealth. Examples are given. (DB)

Reviews provisions of the Tax Reform Act (1986) affecting schools that issue bonds, notes, or warrants. While interest on school financing will remain tax-exempt, school officials will need to master new concepts involving private agency bonds and arbitrage restrictions. Further erosion of schools' tax-exempt status is likely. (MLH)

The cost-effective "wellness" health care approach, emphasized by many corporations, will soon be emphasized by school districts. Wellness programs, beneficial for employees, can be launched by utilization of community resources and by knowing employees' health needs. (CJH)

In June 1999, the Governmental Accounting Standards Board (GASB) issued its statement on the structure of the basic financial reporting model for state and local governments. Explains the new financial reporting model and reviews the implementation issues that school districts will need to address. (MLF)

This newsletter summarizes the debate on the use of state-level initiatives as levers to effect fundamental changes in higher education. It provides several perspectives on the use of incentive/enhancement programs to achieve state higher education goals. The concept of budgetary leverage is outlined, and the growth in enhancement programs…

Financial pressures are forcing the closure of some teaching hospitals and retrenchment using such strategies as development of ambulatory care and satellite facilities, merging with or acquiring other hospitals, and shortening patient hospital stays. A table lists revenues and profit margins for the 20 largest university-owned teaching hospitals.…

Reviews major issues surrounding funding of Nebraska's public schools and presents an alternative funding system sustaining the goals of local control, tax equity, and flexibility for program quality. The new formula would add an economic factor to the weighting of pupils and alow local tax flexibility for districts losing state funding. (MLH)

This report addresses the issue of maintaining adequate controls within a streamlined or restructured financial affairs environment at an institution of higher education. It presents a new paradigm for control structures designed to more effectively meet administrators' needs--both in terms of cost and risk management. The first section: (1)…

Includes excerpts from a 1986 report on educational funding for different provincial and local school systems in China. Asserts that many local governments have been able to improve school buildings and teacher training. Concludes with five suggestions for increasing educational funding at the local level. (CFR)