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Reducing School Expenses

Containing Insurance Costs, Funding Capital, and Tackling the Challeng
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Reducing School Expenses: Containing Insurance Costs, Funding Capital, and Tackling the Challenges presents pragmatic strategies and evidence-based solutions to reduce school expenses; contain health insurance, pension, and risk management costs; and fund capital projects. With robust state-specific data on numerous subjects, discerning readers can investigate and compare local and state tax systems along with primary and secondary school funding schemes, particularly in regard to state fund distribution systems, basic plus categorical aid formula variables, and capital funding means. The text offers policymakers and school officials research-supported recommendations to tackle critical funding issues, such as overall escalating costs, spiraling special education expenses, tax reform, unfunded and underfunded mandates due to state and federal laws, and sustainable adequate and equitable funds for primary and secondary education. This book empowers aspiring and practicing public, nonpublic, and charter school leaders who steward school district fiscal resources with realistic suggestions to navigate the unsettled world of school finance.
Table of Contents Foreword Preface Acknowledgments Chapter 1. Procurement Expenditures Purchasing Procedures Cost-efficient Procurement Practices Price Quotations and Competitive Bids Procurement at Nonpublic and Public Charter Schools Nonpublic Schools Public Charter Schools Summary Projects Chapter 2. Employee Benefits and Risk Management Employee Benefits Paid Leaves Group Medical Insurance Group Dental Insurance Group Vision Insurance Group Life and Disability Insurance Pension Assurance Professional Liability Insurance Unemployment Insurance Workers' Compensation Insurance Risk Management Property Insurance General Liability Insurance Fleet Insurance Summary Projects Chapter 3. Funding Capital Investments Capital Finance Options Capital Funding for Nonpublic and Public Charter Schools Nonpublic Schools Public Charter Schools Summary Projects Chapter 4. School Finance Challenges American Tax System Budget Cuts Escalating Costs Unfunded and Underfunded Mandates Equitable and Adequate Funding Funding Challenges for Nonpublic and Public Charter Schools Nonpublic Schools Public Charter Schools Summary Projects References Index About the Author
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