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)

Summarizes some ways Massachusetts schools have trimmed their budgets in response to Proposition 2 1/2 and offers suggestions concerning how other schools or districts could go about doing the same. (JM)

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.…

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)…

As a consequence of declining enrollment and decreasing public school revenues, coupled with cost increases linked to state and federal mandated programs, collective bargaining obligations, rising energy costs, and a larger proportion of high cost (disadvantaged) students, administrators are faced with a compelling need for cutbacks in…

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)

The goal of the future financial manager should be to educate college personnel to the level necessary to make balanced decisions. The challenge is to maintain the current operable systems and develop new approaches to maximize scarce resources through effective communication. (RC)

This paper describes a state-sponsored management assistance project for improving the cost-effectiveness of school food services. First, the history, rationale, and present function of the Division of Management Assistance in the Pennsylvania Department of Education is described. Its primary purpose is to assist schools with fiscal problems in…

This brief report summarizes a longer document with the same title. It reviews the need to better manage higher education expenses in light of budget cuts and reductions in appropriations and other public services. It is noted that tuition, although increasing, has been increasing at a slower rate since 1981. Also, faculty salaries have not…

This report is designed to assist newly independent colleges in the United Kingdom to examine expenditures objectively and critically in order to promote the most effective use of all funds and resources. Chapter 1 looks at: the rationale for cost reduction; the importance of scanning the operating environment as part of developing an overall…

Provides a brief overview of the current arguments concerning campaign finance reform and congressional term limits. Discusses limits on spending, special interest contributions, "soft money," the power of incumbents, and the role of Political Action Committees. Includes a brief historical synopsis of campaign finance reform movements.…

Between 1983 and 1986, colleges and universities issued about $20 billion of debt for facilities and student financing, and it is predicted that billions of dollars of new debt will be needed for building renovation. Debt capacity, management, and accounting are now major issues, and the purpose of this book is to provide a handy reference manual…

The Education Consolidation and Improvement Act (ECIA) of 1981 is intended to provide opportunities for states and local governments to have more control of their educational programs and to deregulate the administration of federal programs. Introduced at a time when state funding and revenue systems are in flux and severely depleted, it presents…

This is a resource book on cutback management in public schools. It catalogs over 30 practices, provides policy models from 27 school districts in 17 states, and summarizes a decade of advice about decline management in light of recent research evidence on what works and what doesn't work in managing the politics of retrenchment. Its highlights…