WELCOME TO EDUCATIONAL FINANCE AND RESOURCE ALLOCATION

DR. LEONARD H. ELOVITZ 205D East Campus (908) 737-5976 lelovitz@kean DR. LEONARD H. ELOVITZ 205D East Campus (908) 737-5976 lelovitz@kean.edu Website www.kean.edu/~lelovitz

OFFICE HOURS Tuesday 1:00 TO 3:00 PM Monday & Wednesday Thursday In the Field Thursday 2:30 TO 4:30 PM

NAME: ADDRESS: HOME PHONE: E-MAIL ADDRESS: BUSINESS PHONE: CURRENT ASSIGNMENT: JOB GOAL:

Course Purposes Understand: (1) Political systems processes, public policy values, and organizational dynamics undergirding resource allocation (2) Concepts and terminology associated with resource allocation in education (3) Research relevant to resource allocation issues (4) Sources of resource allocation related data Apply: Resource allocation concepts and research findings to leadership behavior and institutional management

RECQUIRED TEXT

Illustrating Resource Allocation Issues How Much Capital Should A Polity Allocate to Education? From Where Should Such Capital Come? What Should Be the Allocation of Capital Between Elementary and Secondary and Postsecondary Institutions? Should All Enrollees Be Targets of Similar Resources? Should “Equity” Be a Consideration in Resource Distribution? Should “Efficiency” Be a Consideration in Resource Distribution? What Should Be the Balance Between “Equity” and “Merit” in Resource Distribution? What Should Be the Balance Between Public and Private Enterprise in Education? Who Should Be Empowered to Answer Questions Such As These?

COURSE CONTENT B. The History of Educational Finance A. The Legal Framework of Education B. The History of Educational Finance C. Educational Decision Making in a Mixed Economy D. Values, Structure and Power

COURSE CONTENT E. Paying for Public Education F. State Aid G. Judicial review of School Funding H. NJ State Aid Formula

COURSE CONTENT I. Budget & Resource Allocation J. Equality/Equity K. Adequacy L. Efficiency M. Ethics in School Finance

EVALUATION

DON’T PANIC