Principals must devote a vast amount of time and energy to campus funding and budgetary issues because budgeting and accounting procedures are an integral part of an effective instructional program. In fact, a principal's role in the budgetary process significantly impacts both budget development and instructional planning. Principals who fail to…

Planning by the University of Wisconsin system for rational management of projected enrollment and fiscal decline is considered. It is suggested that a change in a college or university's mission may be an instrument for enabling a particular institution to meet unusual problems of declining resources. The elimination and consolidation of courses…