This digest in Spanish discusses a contemporary rationale for decentralizing fiscal decisions through school-based budgeting (SBB). It comments on procedural, legal, and equity considerations; reviews several studies of SBB implementation in urban districts; and identifies emerging policy and research directions. The rationale behind SBB includes…

This digest discusses a contemporary rationale for decentralizing fiscal decisions through school-based budgeting (SBB). It comments on procedural, legal, and equity considerations; reviews several studies of SBB implementation in urban districts; and identifies emerging policy and research directions. The rationale behind SBB includes the finding…

Reforms in education have raised two critical fiscal policy issues: How is education reform to be financed? and Do the dollars spent on education reform make a difference? Schools can successfully meet these challenges by practicing sound fiscal management and placing an emphasis on cost-effectiveness and accountability. In the future, a…