MBA 589 Sch Dist Lead: Finance & Pract

This course will provide a comprehensive overview of the budget development process employed by school districts. Emphasis will be placed on the development of a school district budget focused on a sound educational plan and balanced with the community's ability to provide appropriate resources. A brief history of management theory will be provided to ensure a solid understanding of the need for an articulated budget development process and means to ensure equity when making decisions in an environment of competing demands. Major topics include: Widely recognized budget types/formats, fundamentals of budget mechanics including universal coding systems, revenue forecasting techniques, enrollment projection methodologies, state aid projections, capital project management, regulatory requirements, roles and responsibilities, purchasing and accounts payable, facilities management, and risk management. (3 credits)