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The Principal's Guide to School Budgeting - Book Cover

The Principal's Guide to School Budgeting

Written for administrators who want to enhance their budgeting skills, this third edition incorporates new professional leadership standards and information about budgeting for technology enhancements.

Full description

Product Details
  • Grade Level: PreK-12
  • ISBN: 9781506389455
  • Published By: Corwin
  • Year: 2017
  • Page Count: 352
  • Publication date: December 13, 2017

Price: $42.95



Create winning budgets aligned with today’s fiscal and academic realities

Developing budgets that meet changing economic constraints and instructional expectations is a challenge. The Principal’s Guide to School Budgeting is for administrators who want to enhance their instructional, technical, and managerial skills not only as school leaders but also as visionaries, planning coordinators, and budgeting managers. While retaining the features that made the first two editions bestsellers, this third edition incorporates the new Professional Standards for Educational Leaders (PSEL), up-to-date statistics related to budgeting during lean times, and information about budgeting for technology enhancements and to meet new state and federal standards. Readers will find

a budgeting checklist and templates
standards-oriented scenarios
case study applications and questions
experiential activities
a glossary of terms

Showcasing real school finance scenarios, this guide will help administrators plan a successful budget, monitor funds, evaluate budget reports, and prepare action plans that keep students achieving during challenging times.

Key features

The book will continue to retain, as in the first and second editions, the standards-oriented vignettes and scenarios, discussion questions, case study applications and questions, experiential activities, and resources and references, all in updated form.

  • Treats school-based budgeting as a part of the vision and planning process
  • Ties school-based budgeting to the ISLLC standards
  • Discussion questions
  • Application Problems and Situations
  • Experiential Activities
  • Budgeting checklist, templates, and forms
  • Glossary of Terms


Richard D. Sorenson photo

Richard D. Sorenson

Learn more about Richard Sorenson's PD offerings

Richard D. Sorenson, professor emeritus, is the former director of the Principal Preparation Program and chairperson of the Educational Leadership and Foundations Department at The University of Texas at El Paso (UTEP). He earned his doctorate from Texas A&M University at Corpus Christi in educational leadership. Dr. Sorenson served public schools for 25 years as a social studies teacher, assistant principal, principal, and associate superintendent for human resources.

Dr. Sorenson worked with graduate students at UTEP in the area of school-based budgeting, personnel, educational law, and leadership development. During his 20-year tenure, he was named The University of Texas at El Paso College of Education Professor of the Year, and he remains an active writer with numerous professional journal publications. Dr. Sorenson continues to author other principal-oriented textbooks. He also developed teacher resource guides, and workbooks in the area of the elementary and secondary social studies curricula. He has been actively involved in numerous professional organizations, including the Texas Elementary Principals and Supervisors Association (TEPSA) and the Texas Association of Secondary School Principals (TASSP), for which he conducted, for a decade, annual new-principal academy seminars.

Dr. Sorenson has been married to his wife, Donna, for the past 48 years and they have two adult children, Lisa (a school counselor with the Cypress-Fairbanks Independent School District in Houston, Texas) and Ryan (an exercise physiologist in Dallas, Texas); a wonderful son-in-law, Sam (a petroleum engineer in Houston, Texas); and a delightful daughter-in-law, Nataly (executive director of a Christian center in Dallas, Texas) along with four amazing grandchildren: Savannah, Nehemiah, and Amelia, and one little guy, Oliver—all of whom are the pride and joy of his life. Rick and Donna, long-term residents of El Paso, out in the mountain and desert region of “true” West Texas, now reside near their grandchildren in Cypress (northwest Houston), Texas.

Lloyd M. Goldsmith photo

Lloyd M. Goldsmith

Learn more about Lloyd Goldsmith's PD offerings

Lloyd M. Goldsmith, professor emeritus, earned his EdD in educational leadership from Baylor University. He was a professor for 20 years at Abilene Christian University (ACU), some of those years at ACU (Dallas), where he taught doctoral courses in leadership theory. He also served as an admissions officer as well as a former director of the Principal Preparation Program and department chairperson at ACU. Dr. Goldsmith taught school budgeting, instructional leadership, and leadership theory. He served public schools for 29 years as an elementary science teacher, middle school assistant principal, and elementary school principal.

Dr. Goldsmith and a fellow chemistry professor codirected a program facilitating high school chemistry teachers in developing effective instructional strategies. Dr. Goldsmith served on several state committees for the Texas Education Agency. He also served two terms as president of the Texas Council of Professors of Educational Administration.

He is an active member at his church and enjoys serving others. He spends time volunteering at his grandchildren’s schools and supporting their activities. He also enjoys traveling and attending ACU sporting events.

Dr. Goldsmith has been married to his wife, Mary, for the past 40 years. They reside near their three children and families in Abilene, Texas. Mary is a retired high school biology teacher, serving students for 41 years. Lloyd and Mary have three adult children—Abigail (active in the PTO where she serves as president) and her husband, Andrew (works in business development for a nuclear research lab), Eleanor (a second grade Title I teacher), and her husband, Kris (a chef, restaurant owner and culinary arts teacher), and Nelson (a licensed professional building inspector) and his wife, Kristen. He also has four grandchildren, Luke, Hilary, Levi, and Oliver. Plus, the Goldsmiths’ have six grand dogs! Life is good!

Table of Contents

Table of Contents



About the Authors


Chapter 1: The Budget–Vision Relationship and the National Standards

Chapter 2: Culture, Data, Conflict Resolution, and Celebrating Success

Chapter 3: A Model for Integrating Vision, Planning, and Budgeting

Chapter 4: Understanding the Budgeting Process

Chapter 5: Effective, Efficient, and Essential Budgeting Practices

Chapter 6: Building the School Budget

Resource A. Selected Forms

Resource B. Experiential Exercises

Resource C. Budgeting Checklist for School Administrators



Price: $42.95
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Related Resources

  • Access to companion resources is available with the purchase of this book.