When I started working at a California school district one of the first things I had to learn was the difference between a grant and an entitlement. A few years ago the state accounting manual was revised to refer to funding sources (resources) as either those with a fund balance or those with unearned revenue and no fund balance.
Tag: fund balance
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,
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Bernadine: Great discussion. I am definitely in the "write it down" camp. As long as you create an environment where procedures…
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Book Review: Magic Words by Tim David | FiscalShare: […] book is actually a great supplement to the book I recently reviewed: Why Motivating People Doesn’t Work. In that book Susan…
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Fiscalshare: Thanks for your thoughtful comments. I have been in numerous trainings where some of the busy participants are not on…
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derekm8201: Respectfully, I disagree with the assessment of the root cause. Devices in themselves don't cause bad behavior, it's the people…
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