For both aspiring and experienced education leaders in school budgeting, finance, and resource management courses, Money and Schools explains and demonstrates the relationship between money and equality of educational opportunity in a way that is clear, precise, and engaging. Grounded in research and best practices, this book provides a broad overview of school finance, budgeting, and resource allocation, an understanding of the underlying economic, social, legal, and political principles that drive how schools are funded, as well as a detailed examination of day-to-day funding operations. Rich pedagogical features include chapter opening challenges, chapter drivers, point/counterpoint discussions, case studies, and recommended resources. This accessible and engaging book offers strong connections to real-world experiences and detailed information on pre-K–12 funding history, concepts, and current operations. New to this edition: Coverage of environmental sustainability and other emerging trends in this unprecedented uncertainty of schools' economic and social environment. Updates to references and overall funding changes since the previous edition. Revised end-of-chapter activities and additional resources that are aligned with the key concepts and content of each chapter. Updated supplemental downloads, including editable PowerPoints.