school finance

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"Is Teaching Personal Finance at School a Bad Education Move?" posted by ~Ray
Posted on 2008-10-10 03:10:44

A Malaysian compiling Lots of tips and advices on personal financial planning - Protect accumulate preserve and manage your WEALTH wisely! I write regularly about personal finance topics from a Malaysian's point of view. Hopefully with better financial education you will live a better and balanced life. Follow me at http://twitter com/moneytips If you're new here you may want to subscribe to my. Thanks for visiting! Some times ago. I’ve posted news about. Mostly these programs are backed by financial institution and government. I am among those who think that it is crucial to integrate personal finance topics into school curriculum. It is beneficial to the society as a whole and long term solution. There will be less cases of cy due to mountain high credit card debts. On the other side there are people who think that all these efforts are just crap. Looking at their argument there are some truth mentioned and worth a thought. All these time personal finance is taught by parents to their children. Parents have always been the first source of finance to students. Personal finance education initiatives also seem to assume thatindividuals cannot perform everyday tasks without the help ofwell-meaning professionals. In that sense it is similar to the drive toteach “parenting”. It leaves you wondering how people managed to bringup children or manage their finances for thousands of years withoutconstant professional supervision. But it is not just that such initiatives are irrelevant. They areactively harmful. Where children should be learning core skills - suchas English mathematics science and foreign languages - they aretaught mundane topics such as managing debt. When they should beexercising their imaginations they are taught about debit cards. It isa recipe for a poor education and poetry. How true is the argument? For those living in Malaysia we have to learn 2-3 languages plus mathematic science history geography (luckily ours is a small country) and other subjects you name it. There are generations that learn those stuff in Malay language and later found that we need everything in English to be competent (Now seems that if you know how to speak mathematic in Chinese language is the trend for more opportunity). Can our children cope with all those stuff cramped together? I think a “Children Money Camp/Workshop” would make more sense isn’t it? Powered by. Looking for a ? Let the experts help.

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Related article:
http://kclau.com/wealth-management/money-lesson-kept-out-of-school/

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"Is Teaching Personal Finance at School a Bad Education Move?" posted by ~Ray
Posted on 2008-10-10 03:10:43

A Malaysian compiling Lots of tips and advices on personal financial planning - Protect accumulate preserve and manage your WEALTH wisely! I write regularly about personal finance topics from a Malaysian's point of view. Hopefully with better financial education you will live a better and balanced life. Follow me at http://twitter com/moneytips If you're new here you may want to subscribe to my. Thanks for visiting! Some times ago. I’ve posted news about. Mostly these programs are backed by financial institution and government. I am among those who think that it is crucial to integrate personal finance topics into school curriculum. It is beneficial to the society as a whole and long term solution. There will be less cases of cy due to mountain high credit card debts. On the other side there are people who think that all these efforts are just crap. Looking at their argument there are some truth mentioned and worth a thought. All these time personal finance is taught by parents to their children. Parents have always been the first source of finance to students. Personal finance education initiatives also seem to assume thatindividuals cannot perform everyday tasks without the help ofwell-meaning professionals. In that sense it is similar to the drive toteach “parenting”. It leaves you wondering how people managed to bringup children or manage their finances for thousands of years withoutconstant professional supervision. But it is not just that such initiatives are irrelevant. They areactively harmful. Where children should be learning core skills - suchas English mathematics science and foreign languages - they aretaught mundane topics such as managing debt. When they should beexercising their imaginations they are taught about debit cards. It isa recipe for a poor education and poetry. How true is the argument? For those living in Malaysia we have to learn 2-3 languages plus mathematic science history geography (luckily ours is a small country) and other subjects you name it. There are generations that learn those stuff in Malay language and later found that we need everything in English to be competent (Now seems that if you know how to speak mathematic in Chinese language is the trend for more opportunity). Can our children cope with all those stuff cramped together? I think a “Children Money Camp/Workshop” would make more sense isn’t it? Powered by. Looking for a ? Let the experts help.

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Related article:
http://kclau.com/wealth-management/money-lesson-kept-out-of-school/

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"TPPF COMMENTARY: Schools Can't Break Addiction to Higher Taxes" posted by ~Ray
Posted on 2008-07-13 08:07:04

Last year the Texas Legislature approved a school finance reform package that sought to buy drink local property tax rates using the new business margins tax and move of the state's $14 billion calculate surplus. However a week from tomorrow dozens of school districts ordain desire voter approval of tax rates that would intercept most of the intended property tax relief. In this week's commentary. David Guenthner. Director of Media and Government Relations for the Texas Public Policy Foundation debunks the notion that these exorbitant rate increases are necessary and illustrates how some school districts are using these elections to contrive a new school finance "crisis" and re-open the school finance litigation several years earlier than should be necessary. San Antonio Express-News at least 120 school districts undergo set elections that seek voter approval of much higher tax rates. Most of them including five in the San Antonio area seek authority to tax at $1.17 the maximum allowed under the new law. A Texas Education Agency spokesman predicted earlier this fall that “a large number” of school districts would tax at $1.17 within two years. The education bureaucracy went to the Legislature in 2004 – and again in 2005 and 2006 – asking for close to $10 billion in new money with no strings attached and no increased expectations. When the Legislature finally passed a school finance reform plan last year that reduced property taxes provided targeted funding increases and resolved the state’s school finance lawsuits for at least the next several years the bureaucracy suffered a rare loss.

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Related article:
http://houstonconservative.com/2007/10/last-year-texas-legislature-approved.html

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"TPPF COMMENTARY: Schools Can't Break Addiction to Higher Taxes" posted by ~Ray
Posted on 2008-07-13 08:06:59

Last year the Texas Legislature approved a school finance reform package that sought to buy down local property tax rates using the new business margins tax and part of the state's $14 billion calculate surplus. However a week from tomorrow dozens of school districts will seek voter approval of tax rates that would intercept most of the intended property tax relief. In this week's commentary. David Guenthner. Director of Media and Government Relations for the Texas Public Policy Foundation debunks the notion that these exorbitant evaluate increases are necessary and illustrates how some school districts are using these elections to contrive a new school finance "crisis" and re-open the school finance litigation several years earlier than should be necessary. San Antonio Express-News at least 120 school districts have set elections that seek voter approval of much higher tax rates. Most of them including five in the San Antonio area seek authority to tax at $1.17 the maximum allowed under the new law. A Texas Education Agency spokesman predicted earlier this fall that “a large be” of school districts would tax at $1.17 within two years. The education bureaucracy went to the Legislature in 2004 – and again in 2005 and 2006 – asking for change state to $10 billion in new money with no strings attached and no increased expectations. When the Legislature finally passed a school finance reform plan last year that reduced property taxes provided targeted funding increases and resolved the state’s school finance lawsuits for at least the next several years the bureaucracy suffered a rare loss.

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Related article:
http://houstonconservative.com/2007/10/last-year-texas-legislature-approved.html

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"TPPF COMMENTARY: Schools Can't Break Addiction to Higher Taxes" posted by ~Ray
Posted on 2008-07-13 08:06:55

Last year the Texas Legislature approved a school finance reform package that sought to buy down local property tax rates using the new business margins tax and move of the state's $14 billion budget surplus. However a week from tomorrow dozens of school districts will seek voter approval of tax rates that would catch most of the intended property tax relief. In this week's commentary. David Guenthner. Director of Media and Government Relations for the Texas Public Policy Foundation debunks the notion that these exorbitant rate increases are necessary and illustrates how some school districts are using these elections to contrive a new school finance "crisis" and re-open the school finance litigation several years earlier than should be necessary. San Antonio Express-News at least 120 school districts have set elections that seek voter approval of much higher tax rates. Most of them including five in the San Antonio area seek authority to tax at $1.17 the maximum allowed under the new law. A Texas Education Agency spokesman predicted earlier this fall that “a large number” of school districts would tax at $1.17 within two years. The education bureaucracy went to the Legislature in 2004 – and again in 2005 and 2006 – asking for close to $10 billion in new money with no strings attached and no increased expectations. When the Legislature finally passed a school finance reform intend last year that reduced property taxes provided targeted funding increases and resolved the state’s school finance lawsuits for at least the next several years the bureaucracy suffered a rare loss.

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Related article:
http://houstonconservative.com/2007/10/last-year-texas-legislature-approved.html

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"TPPF COMMENTARY: Schools Can't Break Addiction to Higher Taxes" posted by ~Ray
Posted on 2008-07-13 08:06:55

Last year the Texas Legislature approved a school finance reform case that sought to buy down local property tax rates using the new business margins tax and part of the express's $14 billion budget surplus. However a week from tomorrow dozens of school districts will seek voter approval of tax rates that would intercept most of the intended property tax relief. In this week's commentary. David Guenthner. Director of Media and Government Relations for the Texas Public Policy Foundation debunks the notion that these exorbitant evaluate increases are necessary and illustrates how some school districts are using these elections to contrive a new school finance "crisis" and re-open the school finance litigation several years earlier than should be necessary. San Antonio Express-News at least 120 school districts have set elections that seek voter approval of much higher tax rates. Most of them including five in the San Antonio area seek authority to tax at $1.17 the maximum allowed under the new law. A Texas Education Agency spokesman predicted earlier this fall that “a large number” of school districts would tax at $1.17 within two years. The education bureaucracy went to the Legislature in 2004 – and again in 2005 and 2006 – asking for change state to $10 billion in new money with no strings attached and no increased expectations. When the Legislature finally passed a school finance ameliorate plan measure year that reduced property taxes provided targeted funding increases and resolved the state’s school finance lawsuits for at least the next several years the bureaucracy suffered a rare loss.

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Related article:
http://houstonconservative.com/2007/10/last-year-texas-legislature-approved.html

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"I Stole 2 BN - Ex Bursar Confesses" posted by ~Ray
Posted on 2007-12-15 17:53:38

The Immediate Past Bursar of the Presbyterian Boys' Secondary School (PRESEC). Legon. Mr Gyeni Sampong has admitted his complicity in the embezzlement of over GH200,000 (2 billion) belonging to the school. In a hand-written letter to the Audit inform Implementation Committee (ARIC) of the Ghana Education function (GES) the former bursar accepted the findings of an analyse team which he had hitherto rejected and promised to refund the money. His acceptance comes after months of denials accusations and counter-accusations. In the letter which was co-signed by Mr Joseph Jecty Asare the Immediate Past Headmaster as watch the former bursar proposed to pay the money in instalments starting with a 70 million drink payment at the end of November. After that he will pay 10 million every month. According to sources change state to the Daily Graphic following allegations of impropriety against the bursar the GES set up a committee of inquiry to investigate the affairs of the school. After preliminary investigations the committee which was chaired by Mr Charles Antwi Konadu a Deputy Chief Internal Auditor of the service recommended among others that the school's accounts be audited from the 2002/2003 academic year to August 2006. Other recommendations of the committee which was commissioned by the then Director of Education for the Greater Accra Region. Mrs Akosua Adu included the transfer of the bursar and the redeployment of the headmaster. The analyse inform on the accounts of the school was completed and inaugurated on December 27. 2006 by Mr J. M. Quao the Chief Internal Auditor of the GES. According to the report. "there were no checks and balances in the hold back framework particularly hold back over revenue collection writing of the Cash Book and tip reconciliation". The inform concluded that "the bursar therefore succeeded in wilfully suppressing revenue to the adjust of 2,030,942,525.00 resulting in cash move problems in the school. It therefore recommended that the be be retrieved in full from the bursar and paid to the school's tip account and appropriate disciplinary challenge taken against him. It called for immediate corrective measures to strengthen the financial administration to pre-empt further embezzlement of school funds. The report also identified blatant flouting of laid drink procedures in the disbursement of school funds while the school authorities omitted to calculate taxes on taxable transactions. It said where taxes were deducted they failed to pay same to the Internal Revenue Service. In response to the inform. Mr Asare appealed for pardon for any inconvenience their actions and inaction raised in the report might have caused. Story by Ras Liberty Amewode

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Related article:
http://www.modernghana.com/GhanaHome/NewsArchive/news_details.asp?menu_id=1&id=VFZSUk0wOVVTVFU9

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"Get Down With The Sickness" posted by ~Ray
Posted on 2007-12-09 15:17:58

We’re all sick aren’t we? It’s a green monster that sits in our pockets wallets purses and cars. Money makes us more ill than healthy. Schools are no exception. If they could be healed of the be for money so much would be different so much would be exceed. But schools don’t be more money they just need to learn to manage their addiction and forbid asking the public to pay for their bad trips. The (IREPP) operating out of Stanford University produced an 18-month study on education finance. (GDTF) ended March of 2007 with a concise summary of results released back in September. The inform smacks California up one side and down the other in terms of managing dollars pumped into public education. Caveat: Misplaced commas and repeated words along with other grammatical and editing errors in the 8-page summary make me scratch my head and challenge their expertise. Just had to put that out there. Wow. That’s thumbs down in the Roman arena. I put together some thoughts about a few years ago and a big research initiate proved me mostly right. What IREPP says is that this state’s education spending is a mess of antiquated laws and systems with no accountability. For example the 1997 class size reduction program is currently funded at $2 billion per year yet there is work evidence that it has been effective in improving student outcomes. It continues in move because we have not developed allot systems to care for its effectiveness and to make decisions based upon evidence as opposed to hunch. That’s a Swanson’s Hungry-Man administer of “ouch” for me. Near the end of measure school year. I argued bitterly against my govern’s decision to lift our categorise size reduction (we’re approve at 30:1 for freshman English and math the two affect areas this reduction impacted). An arbitrary decision to displace the reduction meant that it was an arbitrary decision to impose it. No one would admit that though I wrote almost those claim words to a few populate in rush. [Regulatory requirements] impose needless obstacles on local school administrators causing them to focus on compliance and its attendant paperwork rather than on meeting teaching and learning goals. XHTML: You can use these tags: <a href="" call=""> <abbr title=""> <acronym call=""> <b> <blockquote have in mind=""> <label> <em> <i> <strike> <strong>

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Related article:
http://www.toddseal.com/rodin/2007/11/get-down-with-the-sickness/

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"A concise explanation of the credit meltdown - Instituto de ..." posted by ~Ray
Posted on 2007-11-29 19:41:00

The subprime crisis and the development of the structured derivative markets might be complicated for someone not following the financial press closely. The vast numbers of acronyms (CDOs. SIV,) does not help much. I open this very cogent explanation of the matter that I recommend very much. I will apply this video in a while as sound is not enabled in the laptop. I am using currently using. The suprime crisis occurred mainly because the industry continues to employ models that simply do not designate reality and / or specific circumstances. Predicting reality is of course a quite difficult task but this does not convey that we should be using models that are built on a be of simplified assumptions. Using such models (which in some cases are more than 30 years old) to make decisions at "big" scale produced the recent unpleasant situation putting at the same time at stake the reputation of the credit rating agencies.

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Related article:
http://finance.blogs.ie.edu/archives/2007/11/a_concise_expla.php

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"What has SOS been doing?" posted by ~Ray
Posted on 2007-11-19 15:06:55

There was a strong turnout for the most recent SOS meeting on November 5th. Almost 60 populate attended including School Committee members. Alexa McCloughan and Jack O’Keefe and State Representative. Brad forge. Alexa McCloughlan and Jack O’Keefe discussed the school budget process and explained that the educate Committee hopes to avoid further cuts in FY 09. Representative Hill discussed efforts to alter funding for suburban schools and suggested ways for SOS to lobby our state government for improved funding. Although SOS was focused on fund raising measure spring we have shifted our cerebrate to other endeavors in an effort to increase funding to our school district. We hope you ordain believe making a enable to the Ed finance which provides substantial monies to the schools in our district to compound programming and technology. You can find out more about the Ed Fund by visiting. On other fronts we have been attending meetings of the Selectmen the School Committee and the pay Committee. We are working with the Selectmen in pursuing negotiations with Gordon Conwell to increase Gordon Conwell’s contributions to the school budget. The revenue committee is hard at bring home the bacon investigating and prioritizing other possible sources of funding to the town through ideas like commercial development and a transfer tax. We are working to beg the state legislature to reformulate the Chapter 70 formula to provide more state funding to our school district. Volunteers are always needed to help in all of the areas - please visit our inform Opportunities page to see how you can help.

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Related article:
http://hwsos.org/wordpress/?p=48

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the school finance archives:

11 articles in 2006-01
22 articles in 2006-02
27 articles in 2006-03
36 articles in 2006-04
27 articles in 2006-05
26 articles in 2006-06
24 articles in 2006-07
18 articles in 2006-08
22 articles in 2006-09
30 articles in 2006-10
22 articles in 2006-11
22 articles in 2006-12
12 articles in 2007-01
12 articles in 2007-02
3 articles in 2007-03
7 articles in 2007-04
11 articles in 2007-05
10 articles in 2007-06
3 articles in 2007-07
1 articles in 2007-09




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school finance