Budgeting is inherently political. Too often, short-term goals overrun long-term institutional interest. By presenting the many layers of budgeting models with a clear, comparative framework, author Larry Goldstein, demonstrates the organic link between planning and budgeting, making it crystal clear that budgets and plans represent two sides of…

Budgeting is inherently political. Too often, short-term goals overrun long-term institutional interest. By presenting the many layers of budgeting models with a clear, comparative framework, author Larry Goldstein, demonstrates the organic link between planning and budgeting, making it crystal clear that budgets and plans represent two sides of…

In this timely book, financial consultant and experienced college administrator Mike Townsley examines the financial and strategic resources that private colleges and universities must have in place to withstand the storm. Small college presidents, CFOs, planners, chief academic officers, and board members all have a hand on the tiller and will…

Examples are given of how United States universities are being affected by and coping with the declining revenues accompanying the current recession. The role of business officers in providing the facts, information, and guidance needed by an administration making retrenchment decisions is discussed. (DB)

Describes how Colorado's Pueblo School District #70 dealt with impending funding cuts. The district developed a Budget Reduction Model to educate the public about the impact of loss of funding on various school-district goods and services. Presents the timeline and tools used to examine areas for potential cuts and to arrive at a consensus about…

This handbook, written primarily to help faculty members with little prior experience in college or university budgeting, provides a self-help approach to basic budgetary matters. It describes the kinds of funds and other accounting terms found in college and university budgets as well as the accounting principles governing colleges and…

Rampant inflation in serials' pricing is forcing many academic libraries to initiate serials cancellation projects. If libraries plan carefully and involve faculty throughout the process, serials can be canceled without excessive damage to the collection or to the library's relationship with the rest of the college. (six references) (LAE)

Effective college planning in a period of reduced resources requires that a comprehensive long-range plan, based on consensus, be in place before budgeting begins, so essential resources will not be damaged. The starting point for planning is a well-stated conception of the institution and of its subsystems and their interactions. (MSE)

This booklet for trustees of institutions of higher education offers guidelines for strategic financial decisions required in light of the financial challenges higher education faces in the 1990s and beyond. "Strategic response" is defined as a decision that requires changing a major policy, program, or practice and involves some risk. Five…

Argues for greater two-year college faculty involvement in grant proposal writing. Lists available library resources on funding sources; reviews types of grants provided by government agencies; discusses community, national general purpose, special purpose, family, and corporate foundation support; and describes the specific steps in writing a…

After Proposition 13 passed in California, a series of 19 major bills imposed fiscal limits on the K-12 school system. One action is assigning a fiscal advisor to assume control in a district in financial distress. Lists the symptoms of a financially ill school district and highlights 24 items of a recovery plan. (MLF)

Describes how public schools can develop plans for coping with decreased student enrollment and limited revenue due to military base closures. Describes how two school districts responded to the closure of two military bases (George Air Force Base and Norton Air Force Base) in San Bernadino County, California. Two figures are included. (LMI)

Two Pennsylvania school districts have been simultaneously declared financially "distressed" and are operated by a court-appointed board of control. Describes legislation drafted to statutorily establish an early warning system so that the state can assist districts with management and budgeting advice before it becomes necessary to…

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)…

This article discusses the impact of resource reallocation by colleges and universities using Virginia Commonwealth University as an example. Alternative areas for creative reallocations noted include increased productivity/efficiency, quality improvement, growth by substitution, targeted fund raising, planned savings, categorical funding, tuition…