The Principal's Guide to School Budgeting

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, 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!

• PrefaceIntroductionChapter 1: The Budget–Vision Relationship and theChapter 2: Culture, Data, Conflict Resolution, and Celebrating SuccessChapter 3: A Model for Integrating Vision, Planning, and BudgetingChapter 4: Understanding the Budgeting ProcessChapter 5: School Funding and Steps to Budgeting SuccessChapter 6: Effective, Efficient, and Essential Budgeting PracticesChapter 7: Accounting, Auditing, Risk Factors, and Leadership BehaviorsChapter 8: Site-Based Decision Making, The Budget Coding StructureChapter 9: Building the School Budget: Budgetary Applications and Specialized Forms and ProceduresResource A. The Budget Development Project – A Hands-On Experiential ExerciseResource B. Selected FormsResource C. Experiential ExercisesResource D. Budgeting Checklist for School AdministratorsReferencesIndex

Drs. Sorenson and Goldsmith have carefully updated their outstanding book to include the latest information in a lively, engaging format. Their illustrative stories and case studies help new leaders learn how to apply knowledge and skills to bring about improvements in schools so that all learners can succeed. I highly recommend this guide which all educational leaders will want to keep as a ready reference.