Description
Book SynopsisSmart financial management means more students served Community College Finance provides an introduction to best practices for community college leaders and their boards, with guidance on the complex regulations, processes, and considerations surrounding the financial management of these unique institutions.
Table of ContentsList of Figures and Tables ix
Acknowledgments xiii
Preface xv
About the Authors xxi
Sources of Revenue
1. Factors Influencing Community College Finance 3
2. The Shifting Balance of Revenue 23
3. Institutional Support 41
4. Tuition and Fees and the Cost of Attendance 59
5. Student Financial Aid 77
6. Infrastructure and Funding Issues 93
Expending Fiscal Resources
7. Institutional Expenditures 113
8. Aligning Mission and Money 131
9. Costs, Efficiency, and Productivity 149
10. College as an Investment 165
Leadership Resources
11. Funding Formulas 185
12. Setting Prices 199
13. Managing a Fiscal Crisis 217
14. Tenets of Advocacy 229
15. Future Forces in Community College Finance 243
Appendix: Principles of Taxation 255
References 269
Index 291
