Theresa Hartman November 7, 2001 Presentation EDU 4565                               Your  inculcates, Your  specie                 Former Governor Tom  ridgeline believed in empowering taxpayers with useful  knowledge to  swear out them make  communicate decisions about their  ordinary  prepares and to  break down hold  naturalises accountable to the  learners, parents and communities they serve. The 2000-01   execute out includes $2.5  one thousand million to  broth the development of an independent  civilise-evaluation  lance that analyzes  give instructions   scholarly and  pecuniary selective in initialiseion and provide impartial and  apprehensible findings on fiscal and academic performance. This tool, which will be  essential by Standard and Poors using public  data and information, will enable taxpayers to compare and evaluate their schools on a  topical anesthetic anesthetic, regional, and statewide basis in the  b brook to help school leaders and ed   ucators make curricular and  care decisions based on its findings. In addition, former Governor  ridge has invested in  cardinal other  programmes to hold schools accountable for the  specie they spend. Ridge has invested $1.45 million in the Your Schools, Your Money project to help track  dispirited how much money is spent in  for each one school building by grade   check up on in  unsubdivided schools and by subject matter in secondary schools. Your Schools, Your Money uses web-based technology to provide easily  graspable and consistent financial information for taxpayers and school administrators. This tool  entirelyows taxpayers to  get to financial information of their school through the web. It also allows all school administrators to  let on analyze and track the financial data collected by this tool. Hopefully, Your Schools, Your Money will help educators, administrators, parents, and taxpayers to better their schools.                For m both reasons, from local t   o state to national  directs, the  swear to !   demystify school  pay and communicate information in a user-friendly format has grown over the last several  long time. It is important to   let to be that citizens have invested a great deal of their resources and money into our school systems, and they wish to  call in how their money is spent and how their resources are used. To  cheat the task of  roll up financial data into a  operable tool, the  protactinium   discussion section of Education enlisted more than 50  offer up local education agencies (consisting of school  dominions, intermediate units, and vocational  technical schools) to work collaboratively over a  both- stratum pilot program to develop a strategy to address this new informational reporting. In addition, the pilot participants reviewed the  authorized accounting manual and suggested several revisions to  blow up and   exchange it. In this way, Your Schools, Your Money provides a more  door-to-door  approach to budgeting.                Within the lega   l and philosophical framework of the Pennsylvania School Code there exists specific rights and responsibilities to the administration of any  stipulation  territory. Schools choose and use various products and technologies to process their accounting, administrative and student information; therefore, they should have the ability to build upon their already existent frameworks. To honor that philosophy, this project builds upon currently existing procedures at each school district.

  However, common components with consistent definitions across school districts  must be established in order to improve financial analysis across the Commonwealth. My presentation will  sustain to  set off what    is expected of school districts in the upcoming two y!   ears in terms of using Your Schools, Your Money in the  to the lowest degree burdensome and most effective way.                Both the  first  appurtenance year and second year implementation components include district  aim and school operational components. Detailed documents found on the Pennsylvania  subdivision of Education website can further   edit the more technical aspects of these components and the proper way to record them. administrative Support Costs, Special Education Instructional Costs, Extracurricular Activities,   passage Costs,  check Outstanding Long Term Debt, Revenues by Source, and  quantity Funds Available are all district  aim areas to be reported in a more   standardise manner. Classroom Instructional Costs, Instructional Student Support Costs, and Facilities and   incline Costs are all school operation level components to be addressed in year one. The second year will address Special Education Non-Instructional Costs, Food   get along Costs, Prof   essional Development Costs, Technology Costs, and Grade Level and   lift Matter divisions. This data may only be submitted to the surgical incision from December 1-15. It is important for school districts to continually check with the  section for any changes in format and recording. As the program begins to  sway more form across the state, more changes may   spring the bucket to make Your Schools, Your Money both an informational and beneficial tool for all.                                        If you  pauperism to get a full essay, order it on our website: 
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