For both aspiring and experienced education leaders in school budgeting, finance, and resource management courses, Money and Schools explains and demonstrates the relationship between money and equality of educational opportunity. Grounded in research and best practices, this book provides a broad overview of school finance, budgeting, and resource allocation, as well as a detailed examination of day-to-day funding operations. This accessible and engaging book offers strong connections to real-world experiences and detailed information on pre-K–12 funding history, concepts, and current operations. New to this edition: • Cutting edge research on the relationship of money and student learning outcomes, alterations to state aid distribution formulas, new federal education initiatives, and a changing landscape in school finance litigation. • New concepts that have gained traction since the last edition of the book, including school choice and privatization, Common Core State Standards, value-added teacher evaluation, and growth of online options at the K–12 level. • Updated end-of-chapter activities and additional resources that are aligned with the key concepts and content of each chapter. • Online instructor resources