This essential new resource shows how educators can use existingdollars effectively and productively. The key lies in creatingfinance systems that give schools greater control over theirbudgets-allowing more resources to flow directly to teachers andstudents. Allan Odden and Carolyn Busch look at inefficiencies in currenteducation spAnding, examine varied approaches to school-basedfinancing, and offer recommendations for restructuring financesystems to meet ambitious reform goals. In addition, they proposeways to make funding more equitable across districts, outline thevarious elements that make school-based management work, anddescribe the key roles and responsibilities for the district, evenin a decentralized system. Financing Schools for High Performance is filled with examples ofbudgets, finance structures and formulas. It will prove to be anindispensable aid for state, district, and school-leveladministrators.