Considering the crucial role of funding in education today, it is imperative that educators understand the budgeting process thoroughly. By presenting an overview of the basics of financial matters that affect school districts and individual school buildings, this highly practical book spells out the methodology, individual roles, and rationale for site-based budgeting and describes the relationship between central and site levels. It discusses income, expenditures, and accounting responsibilities, and emphasizes the opportunity and obligations of the administration, faculty, staff, school site councils, and central district officials related to the total budgeting, expenditure, and control processes.