FISCAL MANAGEMENT IN EDUCATIONAL INSTITUTIONS

Fiscal Management in Educational Institutions

Fiscal Management in Educational Institutions

The United States, after experiencing a prolonged period of economic soundness, entered 2003 where revenues were reduced to the minimum and the state government looked for expenditures constraints. This situation has greatly impacted upon the fiscal health of all sectors, particularly the education sector of the state. There is an extensive scale of state services, for which fiscal management is a complex and pressurizing task. Mr. John Davis, Chief Financial officer and Treasurer at the Wayne University discussed the impact of financial constraints on educational institutions and its future ...