From the early 1960's to about 1970, the hunt for revenue absorbed most of community college educators' energies and ingenuity. Today, while they continue to search for new sources, educators are looking at the other side of the balance sheet--namely, better utilization of resources through improved management and cost effectiveness. This sourcebook includes discussions of the shift from local to state financing; the various kinds of tax support structures; participatory planning and management; cost effectiveness of the noncampus community college system in Vermont; the costs of audio-tutorial laboratories and large-group instruction compared to those of traditional teaching methods; tuition; methods used to raise and distribute student aid funds; ways public colleges can appeal to private sources; methods of financing private colleges; federal appropriations and agencies designed to support higher education; and the impact of these and other factors on community college financing in the 1970's. A review of additional pertinent literature and a bibliography are also provided. Contributors include: James L. Wattenbarger, W. N. Holcombe, S. L. Myrick, C. R. Paulson, Mary Jane Calais, Charles A. Parker, Dan Vecchitto, Richard W. Brightman, Suzan Schafer, Jacob D. Zucker, Major L. Harris, Fern D. Stout, Richard M. Witter, John Morrow, Leslie Purdy, and John Lombardi. (Author/DC)