This course examines public educational funding and provides an overview for school leaders in the basic concepts of school finance. Topics include economic and social considerations for financing education adequately, equitably, and equally; as well as state and federal roles in education financing, school finance and litigation, finance procedures and practices, and the role of human resources in educational finance. Participants have the opportunity to experience the practical application of these concepts through various tasks, discussions, and scenarios addressing budget and finance issues, culminating in a project to develop their own school district financial plan and budget.
This graduate course is 4 weeks.
Attendance and participation are mandatory in all university courses, and specific requirements may differ by course. If attendance requirements are not met, a student may be removed from the course. Please review the Course Attendance Policy in the Catalog for more information.
This course is not available for enrollment to residents of Alabama, Arkansas, and Kentucky.
Topics and Objectives
Economic and Social Considerations for Financing Education; State and Federal Roles in Education Financing
- Explain how the economy and society influence funding for education.
- Summarize how education benefits the economy and society.
- Compare adequate, equitable, and equal funding.
- Describe the role of the federal government in K–12 education historically and currently.
- Analyze funding sources and formulas.
- Analyze how federal aid influences K–12 education.
- Review the sources of revenue available for educational funding.
School Finance and Litigation
- Identify general funding principles established by court decisions.
- Review the issues over using public funds for private education.
- Analyze the effects of educational choice on school finance.
- Recommend methods for funding capital outlay projects.
- Review school bonding practices.
- Define risk management and the effect on school finance.
- Review the types of insurance that school districts are responsible for maintaining.
- Analyze the impact of transportation and food service programs related to school finance.
Finance Procedures and Practices
- Identify the components of an annual budget.
- Identify district and state requirements for financial accounting and auditing procedures and practices.
- Explain the necessary roles to coordinate a school- and district-level budget.
- Outline the steps needed to coordinate a school- and district-level budget.
The Role of Human Resources in Educational Finance
- Determine the relationship between human resources and the budget.
- Explain how the emerging role of teachers affects human resources.
- Evaluate the effects of merit pay related to school finance.
The University of Phoenix reserves the right to modify courses.
Although our continuing teacher education courses are accepted by some state agencies in the United States toward teacher certifications and endorsements, this may not be the case in all states or foreign jurisdictions. If you plan to use courses for certification or endorsement, please check with your own state agency and your school district for applicability. Continuing teacher education courses are not eligible to apply to degree programs at University of Phoenix. These courses are not eligible for federal financial aid.
Transferability of credit is at the discretion of the receiving institution. It is the student’s responsibility to confirm whether or not credits earned at University of Phoenix will be accepted by another institution of the student’s choice.
While widely available, not all programs are available in all locations or in both online and on-campus formats. Please check with an Enrollment Representative.
If you have a question contact us at 866-354-1800.