Tag: government

When School Districts Borrow

This an outstanding guide to school district debt financing by Orrick, Herrington & Sutcliffe, LLP.  While the guide references California law, it is useful in understanding public school finance in general. School district administrators in California function in a complex financial universe that increasingly requires familiarity with and use of sophisticated tax-exempt public finance techniques to finance

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FiscalNote: Real Time Government Analytics

Following this company with great interest: “If you look at finance today, we can get in-depth stock and trade updates and analysis every quarter of a second, and it doesn’t make sense to not have the same type of real-time information about what’s happening in the government,”  Tim Hwang

We Don’t Need No %@# Standards?*

Imagine comparing two school districts’ test scores, where each district uses different tests.  That would be meaningless, right? Yet, this situation exists on the business side of things. Legislation will require a calculation, but the implementation is unclear.  Subsequent guidelines and regulations (if any) sometimes just cite the statute verbatim. For example, prior to the new funding formula, conversion

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Fun Civics Facts

When my non-American family members ask what I do for a living, I first have to explain what a school district is. I have discovered that many Americans don’t really know what a school district is either.  And a few of those actually work at school districts.  The most common surprise seems to be that

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Shock Points: Hiring an Analyst Part II

I find that among the ranks of young and eager accounting graduates who enter school district business offices there is a certain percentage who go into shock soon after they first arrive.  Despite our efforts to select someone who is both enthusiastic and capable, these “shock points” are generally in the following areas: Lack of knowledge

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