This study examines the impact of school-district governance characteristics, which include board and management entrenchment and budget and audit committee expertise, on fiscal measures. Despite the significant influence school boards have over the determination and use of the bulk of property taxes, virtually no empirical research exists that examines the influence of school-district governance structures on fiscal outcomes. We find a positive association between board entrenchment and spending and find a negative association between budget and audit committee expertise and spending. The findings of this study confirm that governance structure matters for fiscal outcomes and recommendations are provided to support efforts to improve fiscal efficiency of school-district governance.
Dorata, N.T. and Phillips, C.R. (2015), "School-district governance structures and fiscal outcomes: is school-district leadership entrenched?", Journal of Public Budgeting, Accounting & Financial Management, Vol. 27 No. 3, pp. 279-317. https://doi.org/10.1108/JPBAFM-27-03-2015-B001
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