Friday, February 19, 2016

Essentials of Illinois School Finance
now available

Special edition published in e-book form

Since it was first published in 2002, Essentials of Illinois School Finance has been a mainstay for Illinois universities that teach school finance classes to prospective school administrators. Newly available is the latest version – a special edition in consideration of the ongoing budget stalemate in Illinois.

The author, James B. Fritts, has continued his work on other parts of the book and updated the essential financial, statutory, and regulatory data wherever possible.

The scope and purpose of the book, sub-titled “A Guide to Techniques, Issues and Resources,” remains the same. The first part of the book deals with revenue — where schools get it, how they maximize it, protect it, manage it and plan for it. The second half of the book addresses expenditures — how schools budget for them, reduce them, and make plans to deal with them. Together, the two sections provide a solid base for financial management and long-range planning.

This special edition is only available in “e-book” format, which is a first for IASB. This was done in order to meet the timeline needs of university customers as all parties deal with Illinois state budget delays. In addition to timeliness, the new e-book edition is searchable and offers bookmark, highlight, and note-taking utilities and live links.

For more information, visit the IASB online bookstore, or go directly to Essentials of Illinois School Finance at

IASB anticipates standard ink-and-paper printing of this and other titles in the future. Until then, if you have comments on the e-book format or require more information, contact