Description
The examination of basic economic principles and school finance including sources of income and expenditure, budget preparation, accounting services, and common financial reports are studied. An emphasis is placed on the principles and issues relating to fiscal operations of school management. Federal, state, and local public school financing are taught, as well as state aid, the fiscal operations of school management, development, and fund raising. Principles and issues pertaining to school facilities, security and safety issues, and the use of space are studied and discussed. The importance of opening the school financial conditions to public scrutiny is stressed. Candidates creatively seek new resources to facilitate learning. There is a six hour field component in this course.
This course is considered to be part of the licensure program.