Discusses financial plans to provide income during retirement. (IRT)

Discusses the financial and psychological aspects of retirement that need to be planned for. (IRT)

School budget dollars demand conscientious management and prudent investment, where permitted by law, in U.S. treasury bills, certificates of deposit, and repurchase agreements. Insets outline investment instruments and provide a money management primer and a chart of state-by-state investment rules. (MLH)

Outlines how some school districts have used their assets (primarily real estate) to generate income. (IRT)

Describes the scandals that have destroyed the Foundation for Quality Education, the foundation the Dallas (Texas) school district created to raise money for the schools through real estate management and the marketing of school-system-developed curriculum materials. (Author/IRT)

Districts should develop a conservative investment policy, give the finance director appropriate latitude, and avoid using local banks as investment brokers. They should secure adequate bank protection against things going wrong, use competitive bidding, expect interest rates to fluctuate, and accept risk the district can live with. (MLH)

Tax-sheltered annuities for school employees are benefits to employees who authorize the district to deduct a specified amount from their paychecks and forward that amount to the accounts selected. Article surveys recent legislative changes that enable school employees to make better use of their tax-sheltered annuities. (MLF)

Investing school funds in repurchase agreements can be dangerous, since investment firms can fail, thereby causing schools to lose the money invested. Two methods of assuming control of repurchase agreements are described: a trust receipt and third party custody. The latter is more difficult, but more secure. (TE)

For school systems, the Tax Reform Act of 1986 increased the relative cost of borrowing and put greater limits on investment opportunities. Offers tips to help school boards ask the right questions to take advantage of all possible opportunities. (MLF)

Describes the advantages of computerizing a school's office. Computers save time, boost worker productivity, and, in the end, save money. (MD)

Although state laws governing school district investing are quite conservative, there have been some notable investment failures leading to the loss of public funds. School districts must beware three kinds of investment risks involving credit, market, and interest rates and consider safety, legality, liquidity, and cash-flow requirements. (MLH)

Describes reasons for potential shortage of college-educated workers. Suggests possible remedies. (PKP)

A cash flow analysis is charting expenditures and revenues against a factor of time. Explains how school systems can, by charting the congruency of revenues and expenditures carefully, develop an investment program to take maximum advantage of a positive cash position. (MLF)

With passage of the Tax Reform Act of 1986, school systems became liable to the federal government for any profits earned on tax-exempt bonds. Understanding the requirements is essential for any board facing significant capital financing. Outlines requirements, exceptions to the rule, penalties, costs, and debt planning. (MLF)