Addresses the critical issues and challenges facing state and district policy-makers working to develop school-based funding policies

Allan Odden is Professor Emeritus of Educational Leadership and Policy Analysis at the University of Wisconsin-Madison; he also is Co-Director of the Strategic Management of Human Capital (SMHC) in public education and Co-Director of the Consortium for Policy Research in Education (CPRE). CPRE is a consortium of the University of Wisconsin-Madison, Pennsylvania, Harvard, Michigan, Northwestern, Teachers College-Columbia University, and Stanford Universities. He is an international expert on education finance, effective resource allocation and use, resource reallocation, the strategic management of human capital in education, teacher compensation, school-based management, and educational policy development and implementation. He consults regularly with states and districts on these issues. His most recent books include School Finance: A Policy Perspective (McGraw Hill, 2008, 4th edition), with Lawrence O. Picus and How to Create World Class Teacher Compensation (Freeload Press, 2007) with Marc Wallace. Other books include Paying Teachers for What They Know and Do: New and Smarter Compensation Strategies to Improve Schools (Corwin Press, 1997, 2nd Edition, 2002) with Carolyn Kelley; Reallocating Resources: How to Boost Student Achievement Without Spending More (Corwin, 2001) with Sarah Archibald; School Finance: A Policy Perspective (McGraw Hill, 1992, 2nd Edition, 2000, 3rd Edition 2004) co-authored with Lawrence Picus; School-Based Finance (Corwin Press, 1999), edited with Margaret Goertz; Financing Schools for High Performance: Strategies for Improving the Use of Educational Resources (Jossey Bass, 1998) with Carolyn Busch; Educational Leadership for America's Schools (McGraw Hill, 1995); Rethinking School Finance: An Agenda for the 1990s (Jossey-Bass, 1992); Education Policy Implementation (State University of New York Press, 1991); and School Finance and School Improvement: Linkages for the 1980s (Ballinger, 1983). He was a mathematics teacher and curriculum developer in New York City's East Harlem for five years. He received his PhD and MA degrees from Columbia University, a Masters of Divinity from the Union Theological Seminary and his BS in aerospace engineering from Brown University.

Preface - Margaret E Goertz and Allan Odden PART ONE: A CONCEPTUAL OVERVIEW Issues in School Site-Based Financing in Large Cities in the United States - Robert Berne and Leanna Stiefel Site-Based Management - Lawrence O Picus A Nuts and Bolts Approach for School Administrators Measuring School Efficiency Using School-Level Data - Leanna Stiefel, Amy Ellen Schwartz and Ross Rubenstein Theory and Practice PART TWO: DESIGN AND IMPLEMENTATION OF SCHOOL BASED-FINANCING SYSTEMS Local Management of Schools and School Site-Based Financing - Quentin Thompson and John Lakin The Experience in England and Wales since 1988 Recent Developments in Decentralizing School Budgets in Australia - Brian Caldwell and Peter Hill The Institution of School-Based Management in Edmonton - Lloyd W Ozembloski and Daniel J Brown PART THREE: HOW SCHOOLS ALLOCATE AND USE FINANCIAL RESOURCES School-Based Financing in North America - Allan Odden Performance-Based Budgeting for Public Schools in Florida - Carolyn D Herrington Resource Allocation in Reforming Schools and School Districts - Margaret E Goertz and Mark C Duffy