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…

Student-Based Budgeting (SBB)--also called weighted student funding, fair student funding, student-based allocations, or student-centered funding--is a school funding system where schools receive dollars based on the number of enrolled students and their individual needs (such as English language learners, or students from high-poverty…

Trustees face complex choices related to costs and efficiency as they navigate new accountability policies, financial headwinds, and a changing global marketplace for college education. The latest release in a series of trustee guides from the American Council of Trustees and Alumni's Institute for Effective Governance, "Bold Leadership, Real…

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…

To address some of the financial challenges facing low-income students, federal policymakers enacted a provision in the 2008 Higher Education Opportunity Act (HEOA) that makes financial literacy a required service of all TRIO programs (or, in the case of McNair, simply makes permissible). Effective August 2008, these programs started offering…

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)

Continued economic recession, a growing national debt, and consumer overconsumption mean that a federal tax similar to a sales tax may be passed. Because the "value-added tax" will significantly affect school budgets, according to economist Anthony Carnevale, educators should demand a portion of the tax for education revenue sharing. (CJH)

Treats state government budget control problems, asserting that traditional administrative controls unduly restrict university flexibility in dealing with a competitive marketplace. After analyzing incentives, evaluating budget controls, and explaining budget officers' resistance to experimentation, this paper proposes a reform program based on…

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)

The administration's proposal to end state and local tax deductions could cost public schools $24 billion in funding cuts and has far reaching ramifications for public education. Projections of state-by-state losses are presented as well as projections of tax liability increases to individuals and businesses. (MD)

Through greater involvement in local policy issues, business can influence public support for needed financing of education. Legislation that undercuts the next generation's employability should be challenged. (CJH)

A study was conducted to identify those variables appearing to affect cash management practices in Florida community colleges, and recommend prescriptive measures concerning these practices. The study methodology included informal discussions with the chief fiscal officers of each Florida community college and appropriate state board staff,…