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ERIC Number: EJ977076
Record Type: Journal
Publication Date: 2012-Jan
Pages: 2
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0036-651X
A Capital-Financing Plan for School Systems and Local Government
Hodge, Penny
School Business Affairs, v78 n1 p28-29 Jan 2012
School business officials are best equipped to lead in funding operating and capital needs because they understand the need for a methodical means of funding ongoing costs over time and the benefits of planning for future financial needs rather than letting emergencies dictate spending priorities. A capital-financing plan makes it possible to prioritize capital needs, obtain design work, and begin construction on a clearly defined timetable. School board members especially like the ability to communicate dependable projections to their constituents. In this article, the author discusses how a capital-financing plan helps district leaders find a balance between funding operating and capital needs.
Association of School Business Officials International (ASBO). 11401 North Shore Drive, Reston, VA 20190. Tel: 866-682-2729; Fax: 703-478-0205; e-mail: asboreq@asbointl.org; Web site: http://www.asbointl.org
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Elementary Secondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A