This annual report presents 1996-97 financial information on 20 degree-granting universities and related institutions in Ontario, Canada. The report first explains the general guidelines and reporting requirements used in compiling the report, including university accounting procedures, the principles of fund accounting involved, and definitions…

To properly evaluate the financial contributions of each revenue source, institutional researchers must use key economic concepts in their work. (Contains 1 table and 2 figures.)

This report provides an overview of educational financing in Minnesota. It describes how support for elementary and secondary education in the state comes through a combination of state-collected taxes and locally controlled property taxes. Revenue to the school districts is received in three major categories: state education-finance…

This paper provides a history and analysis of educational finance in Wyoming. It offers a summary of the funding model that is currently in place and that has been challenged in court--the fourth such challenge in the past 30 years. The article focuses on the current litigation. It discusses the funding formula that was adopted by the state…

Colleges and universities sell education at a price that is far less than the cost of its production. Student subsidies are a permanent feature of higher education economics, representing a large part of total costs. Cross-subsidizing, with one activity supporting another, is common, and even students who pay full costs and do not get direct…

Developed to provide library directors, staff, and board members with information for performing accounting and financial management functions, this guide answers frequently asked questions, describes common practices and processes, provides examples and suggested formats for selected financial reports, and identifies issues that may require…

Designed for use by teachers, school administrators, board members, legislators, and lay citizens, this report is intended to be a source document for obtaining a basic understanding of Illinois school finance. It explains the sources and amounts of funds available for pre-kindergarten through postsecondary programs administered by the Illinois…

This annual report presents 1996-97 financial information on 22 church-related colleges, universities, and seminaries in Ontario, Canada, which are also affiliated with public universities. Fourteen tables present the data in summary form and include: (1) combined revenue and expense and changes in fund balances; (2) revenue and additions by…

This annual report reviews fiscal year 1999 for institutions serviced by the Minnesota Higher Education Facilities Authority. The report notes a slight decline in new financing activity, although the $87.7 million financed during the 1999 fiscal year was the second highest annual total for the Authority. Following some introductory material, the…

Background information for the auditing of New Jersey School Districts is given. Included are chapters on the following: (1) a digest of the School Audit Law, Title 18A:23-1 to 18A:23-11; (2) directives to the Boards of Education; (3) school district bookkeeping; (4) scope of funds to be audited; (5) conducting the school audit; and (6) sample of…

Policies and procedures established by the Colorado Commission on Higher Education for the use of state-funded student assistance are presented. Annual budget ranges, sample forms, and instructions are included. In addition to providing definitions and general policy information, the guidelines cover fund application and allocation; accounting,…