RESEARCHING FINANCIAL CHALLENGES

Based on this review and reflection, select an educator involved in financial management of the school and interview him/her about challenges in financing school operations. Based on your interview, develop a plan to address the financial challenges noted in the interview. This paper must demonstrate comprehension, application, analysis, assessment, and integration of the research. Address 2-3 of the following in your plan:
-Federal, state, and local historical developments and purposes in public school funding
-Equity concepts tested in major school finance litigation
-Major components of the state school finance program
-Major parts of a school district’s budget
-Revenue sources
-Interrelationships between the school- level and district- level budgets
-Fund groups and the need for proper accounting of those funds
-Principles of fiscal control and accountability and the different types of fiscal audits
-Purpose of budgeting and the factors that cause change in the school’s budget
-Financial implications of school choice
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