Education

Spending Tips

February 18, 2004 1 min read
  • Save to favorites
  • Print

The Committee for Economic Development recommends the following actions to overhaul how schools are financed:

Effective Allocation of Resources

  • Expand principals’ budget authority, but hold them to standards of “good managerial practice and school-based accountability for student learning.”
  • Create every school’s budget based on the educational needs of students.
  • Develop data systems that indicate the best ways to spend money.

Changes in Teacher Compensation

  • Replace the single-salary schedule with one that reflects “the realities of the teacher labor market,” using differential pay scales to attract teachers in areas where their expertise is most needed.
  • Change pension and transfer policies that “penalize mobile teachers, further handicapping districts facing difficulties attracting job candidates.”

Inentives for Improved Performance

  • Link “some portion” of teachers’ pay to their students academic outcomes.
  • Create “more equitable financial policies ... to give charter schools a fair opportunity to succeed.”

Costs of Standards-Based Education

  • Policymakers need to “provide sufficient funding for schools and students to meet the new requirements” of standards-based education.

SOURCE: “Investing in Learning,” Committee for Economic Development

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Law & Courts Webinar
Future of the First Amendment: Exploring Trends in High School Students’ Views of Free Speech
Learn how educators are navigating student free speech issues and addressing controversial topics like gender and race in the classroom.
Content provided by The John S. and James L. Knight Foundation
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Student Well-Being Webinar
Start Strong With Solid SEL Implementation: Success Strategies for the New School Year
Join Satchel Pulse to learn why implementing a solid SEL program at the beginning of the year will deliver maximum impact to your students.
Content provided by Satchel Pulse
This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Science Webinar
Real-World Problem Solving: How Invention Education Drives Student Learning
Hear from student inventors and K-12 teachers about how invention education enhances learning, opens minds, and preps students for the future.
Content provided by The Lemelson Foundation

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Education Briefly Stated: June 8, 2022
Here's a look at some recent Education Week articles you may have missed.
8 min read
Education Briefly Stated: June 1, 2022
Here's a look at some recent Education Week articles you may have missed.
8 min read
Education Briefly Stated: May 11, 2022
Here's a look at some recent Education Week articles you may have missed.
9 min read
Education Briefly Stated: April 27, 2022
Here's a look at some recent Education Week articles you may have missed.
9 min read