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Recent research has focused on issues of retention and turnover among K—12 school administrators, yet it fails to address some important complexities in administrator career paths. This article examines three conceptual and methodological issues in the current literature involving administrative turnover: the complexity of role and place in administrators' job transitions, job opportunity and choice open to administrators, and static versus dynamic approaches to assessing administrators' movement and retention. This evaluation includes empirical examples from the authors' study of administrator career paths in Delaware. The authors conclude that these issues have not yet been adequately acknowledged in the literature but that they have significant implications for how administrator career behavior is measured and understood for both research and policy.

A recent study found state bond bank participants continually realize considerable interest cost savings. Savings were calculated as differences in interest costs of bond bank loans and the bond offerings participants would have sold as alternatives to loans, (alternative market offerings). The present evaluation determines the sources of the savings. Savings are generated by not only differences in issue characteristics of bond bank issues and alternative market offerings, but also differential impacts of the same market forces and institutional factors on the interest costs of both types of sales. These findings verify that bond bank issues and alternative market offerings sell in different sub-markets, and confirm municipal bond market segmentation.

This paper evaluates the performance of the federal Community Development Block Grant (CDBG) program within a nonmetropolitan setting by a sample of 42 eligible small towns in the State of Delaware. Four objectives of the CDBG are investigated: participation through an application, the funding decision by the Department of Housing and Urban Development, and the types of projects applied for and funded. A major research objective involves the role of socioeconomic need and the availability of planning skills in the CDBG activities. Although the results reveal that different forces influence the four objectives of the CDBG program, the findings also indicate that need and planning skills are important determinants of participation and the types of projects requested and funded. In effect, towns with greater need, indicated by low-income population, and towns with access to planning skills—professional planners, previous grant experience, and county planning capacity—are more likely to participate in CDBG activities and to request and receive funding for redistributive projects.

In assessing the feasibility of a statewide bond bank for Massachusetts, Katzman (1980) studied the net interest costs of jurisdictions that borrowed directly from the bond market. He concluded that a bond bank would garner little support because of the low cost savings involved. Solano and Hoffman extend the analysis to include jurisdictions which, due to population or size of issue, are excluded from the present bond market. Likewise, they found little evidence for support of a statewide bond bank. Strong opponents included local bankers, bond counsels, and small lot dealers who benefit from existing arrangements and investment opportunities. Even the small jurisdictions were opposed, fearing the complexities of market borrowing and loss of control over local financing.