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Governmental Cost Recovery

I have heard the mantra again and again “we don’t make a profit” meaning, if we charge for services it’s only on a cost recovery basis. Yet I just read that Inyo COE charges a flat 7% to its charter schools for providing business services. If a charter school now receives significantly more funding under the Local Control Funding Formula,

December 25, 2013 Short URLaccounting, analysis, best practice, business, business services, Cafeteria Fund, California Schools Accounting Manual, charter school, Charter Schools, cost accounting, Cost recovery, CSAM, education, Education Code, Excel, fee for service, fund balance, government, government spending, Inyo County Office of Education, Inyo Register, lcff, overcharging, public school finance, public schools, school district, school district business, school districts, school finance, surplusAccounting, Cost Accounting, Government, Local Control Funding Formula

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Governmental Cost Recovery

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