I don't have a stool but now I want one so I can do this to it! You could even make the top say something different like "star reader" and let the student who read the most minutes on reading log or read the most sight words sit on it one day. The possibilities are endless! Cute!
I don't need a well decorated classroom, but I know some people who are starting out teaching in a public school... this is for you. "School Girl Style: How to decorate without upsetting the fire marshal."