This unique budgetary survival guide will enhance your instructional, technical, and managerial skills not only as the school’s leader but also as the school’s visionary, planning coordinator, and budgeting manager.
"I highly recommend this book to budget committees, site-based groups, educational administration professors, and new administrators. It is a great book to start out with for budgeting and connecting vision to the process. There are many examples provided that can be used right now in schools during a budgeting cycle. "
AASA Journal of Scholarship and Practice
"Practical information that the school principal needs. The book is a resource that school principals should put on their desks, not their bookshelves. Additionally, the university professor may want to consider the book as a reference for students."
"I highly recommend this book to budget committees, site-based groups, educational administration professors, and new administrators. It is a great book to start out with for budgeting and connecting vision to the process. There are many examples provided that can be used right now in schools during a budgeting cycle."
Dr. Michael Fanning
"I wish I had had this book before I became a principal for the first time! Yes, we do want to manage funds wisely. But this book goes farther; it teaches new school leaders how to think creatively and it helps them utilize resources to bring about greater equity of learning for all students. They also clearly explain how to create inclusiveness so that all stakeholders become supporters of the school's plan for improvement."
Genie Bingham Linn
"Budgeting is the one area where future and/or new principals feel most insecure! Time and time again we hear our students say they feel like they don't know enough about handling the finances of their school. My students found The Principal's Guide to School Budgeting to be a very clear and practical resource that had information and instructive exercises to ease their anxiety about the task and help them with their jobs."
- Michael Fanning
"I wish I had had this book before I became a principal for the first time! Yes, we do want to manage funds wisely. But this book goes farther; it teaches new school leaders how to think creatively and it helps them utilize resources to bring about greater equity of learning for all students. They also clearly explain how to create inclusiveness so that all stakeholders become supporters of the school's plan for improvement. "
Richard Sorenson is an associate professor in the Educational Leadership and Foundations Department at The University of Texas at El Paso. He served public schools for 25 years as a social studies teacher, principal, and associate superintendent for personnel. Currently, Sorenson works with graduate students at UTEP in the areas of school personnel, school-based budgeting, educational law, and leadership development. He was named The University of Texas at El Paso College of Education Professor of the Year in 2005, is involved in several educational initiatives on the U.S./Mexico border, and he is an active writer with numerous professional journal publications. He has also authored textbooks, teacher resource guides, and workbooks in the area of the elementary and secondary school social studies curricula. He conducts workshops at the state and national levels on topics such as principal preparation, instructional leadership, and effective teaching practices. His has been actively involved with the Texas Elementary Principals and Supervisors Association (TEPSA), the Texas Association of Secondary School Principals (TASSP) in which he conducts annual New Principal Academy seminars, and the Texas Council for the Social Studies (TCSS). His research interest is in the area of the school principalship, specifically the examination of conditions and factors that inhibit and discourage lead teachers from seeking the school principalship as a career option. He received his Ed D from Texas A&M University at Corpus Christi in the area of educational leadership.
Learn more about Lloyd Goldsmith's PD offerings
Lloyd Milton Goldsmith is associate professor and chair of the Department of Graduate Studies in Education at Abilene Christian University. Goldsmith is currently involved in developing online graduate education degrees that incorporate faith principles. He teaches courses in school culture, professional development, and continuous school improvement. He served public schools for 29 years as an elementary science teacher, middle school assistant principal, and elementary school principal. He and a fellow chemistry professor, Kim Pamplin, co-direct a program to facilitate high school chemistry teachers in effective instructional strategies. Goldsmith has served on several state committees for the Texas Education Agency. He currently serves as a consultant on a project to migrate mandated state principal training to an online format. He is president of the Texas Council of Professors of Educational Administration. Goldsmith has presented at numerous state, national, and international conferences. He is active in Kiwanis International and in his local church, where he teaches Sunday school to lively fourth graders, works with the Boy Scouts, and leads a life group. He earned his Ed D in educational leadership from Baylor University.
About the Authors
1. Understanding the Budgeting Process
Delineating Between School Finance and School Budgeting
Breaking the Budgeting Myths
Sources of School Funding
Ten Steps to Budgeting Success
Case Study Application: Fiscal Lessons For the New Principal
2. The Budget-Vision Relationship and the National Standards
The National Educational Leadership Standards
An Examination of the ELCC & ISLLC Standards
Case Study Application: Belle Plain Middle School
3. School Culture and Using Data Effectively
Data Driven Decision Making
Barriers to the Use of Data
Dimensions of Data
Types of Data
Case Study Application: L. B. Jensen Middle School
4. A Model for Integrating Vision, Budgeting, and Planning
Sorenson-Goldsmith Integrated Budget Model
Case Study Application: Shifting Paradigms with Changing Times (Parts 1-3)
5. Effective and Efficient Budgeting Practices
The Budget Plan
Adequate Funding in an Era of Accountability
Analyzing the School Action and Budget Plans
Generated Income Sources
Expenditure Accountability and Control
Collection and Deposit Structures
Accounting and Auditing Procedures
Case Study Application: Sex, Money, and a Tangled Web Woven
6. Building the School Budget
Site-Based Decision Making
Why Site-Based Decision Making?
Who Builds the Budget?
School Budget Applications
Projecting Student Enrollment
Important Budget Considerations
Case Study Application 1: Shifting Paradigms With Changing Times
Case Study Application 2: Requisition Season at Cover Elementary
7. Celebrating Success, Acknowledging Opportunities, and Ethical Leadership
Acknowledging Opportunities for Growth and Development
The Leadership Role: Ethical and Moral Behaviors
Resource A: Selected Templates and Forms
Budget Development Spreadsheet
Resource B: Experiential Activities
The Personal Finance Activity
The Personal Finance Case Study: How to Hang On To Your Wallet and Not Lose
The Budgeting Codes Activity
Accounting Codes Reference Sheet
The Budget Development Project
Resource C: Budgeting Checklist for School Administrators
Resource D: State Departments of Education Websites