EDL501 Educational Finance

The educational finance course is a laboratory based experience which focuses on the major concepts, primary language and political realities of the fiscal arena of education including local, state and federal funding, the continuing issues of adequacy, equity, efficiency and reliability (in particular Property Taxes vs General State Aid), formulation of District-Building-Department/Team budgets and the delegation of authority in allocation of fiscal and human resources. Financial forecasting and planning as key elements in attaining fiscal stability are addressed. Case studies, problem illustrations and study of current local and state education financial challenges are among the methodologies utilized. Prerequisites: None; 3 Semester Hours