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Know the School’s Finances and Sources of Income: Federal, State, Local, Special

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All money is not the same. Federal money buys certain items and can be used only a certain way; state money buys teachers and books; local (district) money usually buys items particular to your school. Special money is grant money or comes from sources that you have procured on your own. There is a department or person assigned to help you with using your funds; although much of it you will not “see.”

The district or state education department will spend money for you and pass the resources to your school. Should you have money that you have complete control over, establish an advisory team. Remember that “people may not always have their way, but they will have their say.” The school district or state education department will help you to stay in compliance with the guidelines that come with school money.

The New Principal

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