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Dembowski, Frederick L.1
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Dembowski, Frederick L. – Journal of Education Finance, 1980
Empirically evaluates three measures of effectiveness of school district cash management: the rate of return method in common use and two new measures--efficiency rating and Net Present Value (NPV). The NPV approach allows examination of efficiency and provides a framework for evaluating other areas of educational policy. (Author/IRT)
Descriptors: Efficiency, Elementary Secondary Education, Mathematical Models, Money Management